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dubai real estate

Handovers start for the super-luxe Bvlgari homes in Dubai

Bvlgari Residences

The handover has started for the Bvlgari Residences on Jumeirah Bay, with some of the units representing the costliest transactions made in Dubai last year. The island community comprises 168 apartments, ranging from one- to three-bedroom units, six four-bedroom penthouses, and 15 mansions with three- to six-bedrooms. Some of the units were bought for well…

Supply fears have been exaggerated in Dubai

Dubai offplan

As we get to the halfway stage of the year, what is clear is that the real estate (and the equity markets as well) market thus far remains sluggish. While the recent suite of initiatives announced have evinced excitement among investment stakeholders, it is apparent that at this stage, despite the broad-based recovery in oil…

Revealed: top five places to rent or buy a villa in Dubai

Villas in Dubai

The Villa community is the cheapest place to rent a villa in Dubai according to new data by Propertyfinder Group. The community of Spanish-style homes near Silicon Oasis witnessed a price drop of 12.8 percent in the past 12 months to AED34 per square foot. Al Furjan comes second, after prices fell 14.9 percent to…

Construction gathers momentum at Reem Mall

Reem mall

The construction of Abu Dhabi’s $1.2 billion (Dh4.4 billion) Reem Mall gathered momentum with some of the important structures getting completed, according to the developer. “We’re very excited about the pace at which Reem Mall construction is progressing. The cranes are on site, we have nearly completed the substructure and have already completed several sections…