News
Dubai Land Department (DLD) has announced a strategic partnership with Dubai Properties (DP), a member of Dubai Holding, to promote Dubai’s real estate sector. The agreement was signed by Sultan Butti bin Mejren, Director General of DLD, and Raed Al Nuaimi, Group Chief Executive Officer of Dubai Properties. Under the collaboration, Dubai Properties will support…
District One, the luxurious and lifestyle community at Mohammed Bin Rashid Al Maktoum City, announced a strategic partnership with Dubai Islamic Bank (DIB) to offer customers extended payment plans for its luxury apartments and villas. The flexible payment plan offers buyers financing of up to 80 per cent for ready and off-plan units, with a…
Dubai residential properties have seen their capital values decline by 20 per cent since the market peak of mid-2014, says consulting firm ValuStrat. However, the steep declines have boosted sales as transaction volumes and average ticket sizes have increased across the board. Quarterly declines of more than five per cent were registered in locations such…
A surge of supply is expected to hit the Dubai residential market in the run-up to 2020. This is a result of the slew of off-plan launches witnessed in the past two years, riding high on incentives offered by developers. However, concern is being raised in some quarters on how demand will be generated to…
Owning a home is a keystone of wealth… both financial affluence and emotional security.