dubai homeowners
As a significant commercial hub Dubai provides employment for both its own residents and those living in neighbouring emirates, most especially Sharjah. However, with the cost of living tending to be higher in Dubai, an increasing number of workers looked towards Sharjah in recent years for more affordable rental options. The same is true in…
The Dubai real estate market has been seeing funds flowing in from Africa, mostly from retail investors, since the advent of freehold laws. However, the sector is now seeing active interest from listed African institutional investors as well. These effectively represent REIT-based structures that are listed on exchanges. “Investments in real estate from Africa has…
Emaar Development has taken possession of the land for construction of Beach Vista residences in Emaar Beachfront. Site mobilisation and enabling work has commenced with the hand-over of homes scheduled for the third quarter of 2021. Emaar launched the sale of Beach Vista earlier this year. All 375 residences were sold out recording total sales…
Master developer Nakheel has signed a contract worth Dh66 million for a choreographed fountain at The Pointe, its new Dh800 million waterfront dining and entertainment destination on the Palm Jumeirah. The developer has appointed one of China’s largest fountain specialists, Beijing Water Design, to deliver and operate the fountain, which will cover a 12,000 square…
Owning a home is a keystone of wealth… both financial affluence and emotional security.