Nakheel has now sold 205 villas at the Nad Al Sheba community, where a retail and recreation centre is due to open in Q1 2021, the company revealed in a statement.
Dubai’s real estate market witnessed transactions worth Dhs72.5 billion in the first half of 2020, despite the impact of the global COVID-19 outbreak, according to a report issued by the Dubai Land Department (DLD).
A 39-year-old European sales representative duped an Arab investor of more than Dhs7.77 million through forging official documents and stamps belonging to real estate institutions.
The UAE has taken a leadership role in the Middle East region in technology adoption in real estate sector. Dubai has largely been responsible for changing the mindset when it comes to adopting new technologies.
The UAE is also providing reasonable and low tax rates compared to other countries, and attractive banking facilities, whether in mortgage and other loans, says Bin Ghatti.
The UAE has emerged as one of the top five most globally connected countries in the world according to the DHL Global Connectedness Index 2020 released on Wednesday. Now in its seventh edition, the report compiled
In his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed Bin Rashid Al Maktoum, issued new legislations aimed at increasing the efficiency and flexibility of Dubai government entities.
The Real Estate Regulatory Authority’s (RERA) implementation of new guidance was a significant regulatory step to address the trust deficit in consumers’ minds and instil confidence in wary end-users in realty market.
British house prices leapt to hit an all-time high in August, mortgage lender Nationwide said on Wednesday, adding to signs of a sharp rebound in the country’s housing market