The sales transactions recorded in the third quarter covered (14.6) million square feet, as per the latest quarterly report of the areas and cities of the emirate issued by the Sharjah Real Estate Registration Department (SRERD).
The real estate and properties transactions valued at Dhs4.3 billion in total during last week in Dubai. According to the Department of Land and Property in Dubai, 109 plots were sold for Dhs438.22 million, 1,035 apartments and villas were sold for Dhs1.66 billion.
The UAE has succeeded in providing all public and private services, which greatly contributed to mitigating the expected impact of the pandemic on the real estate sector, thanks to the proactive measures of the government, says Binghatti.
The Dubai Real Estate Institute (DREI), in Dubai Land Department, DLD, is organising the first virtual real estate conference titled ‘Real Estate post-COVID-19 - Challenges and Solutions,’ in cooperation with a number of entities in Saudi Arabia.
Hussain Sajwani, Chairman of Damac Properties, said, ‘We continue to endure the effects of the global COVID-19 pandemic’
Dubai property market is a safe haven for global and local investors despite the COVID-19 crisis due to high demands. Binghatti Developers, one of the leading real estate development companies in the UAE, has launched the second phase
Dubai recorded a total of Dhs2.9 billion real estate and properties transactions during the week ending 5th November 2020 with transactions reaching 1,241, according to figures of the Department of Land and Property in Dubai.
Dubai has emerged as a hotspot for global and local real estate investors buoyed by the emirate’s steady economic growth, world-class infrastructure, tolerant and inclusive culture for multiple nationalities and ease of access to the rest of the world.
Sharjah Sustainable City (SSC), a Sharjah Investment and Development Authority (Shurooq) project, has announced the launch of flexible and competitive payment plans to encourage people