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Developer hands over Studio City apartments Danube Properties will hand over projects worth of Dh1.5 billion this year, says Atif Rahman, director and partner, Danube Properties. The developer handed over 354 apartments in Gitz 3 in Dubai Studio City on Wednesday. Buyers of its Dreamz townhouses in Al Furjan are also in the process of…
No let up in pressure on Dubai property prices, rentals Home prices and rents remain under pressure in Dubai, with property values dropping 4.11 per cent in February from a year ago levels. On the rental side, the dip was in the range of 6.5 per cent year-on-year as more communities and landlords give in…
Alliance of Emaar, Aldar to drive up consolidation The announcement of Emaar and Aldar to enter into a strategic alliance reaffirms the wave of consolidation that has been taking place in the developer market since the latter half of 2017. This trend had already started manifesting itself in the form of joint ventures done previously…
Expo 2020, strong economy bode well for Dubai realty Dubai real estate has emerged as a mature and stable market in the wake of the global financial downturn and has a promising outlook riding on strong economic indicators and Expo 2020 projects, say experts. According to top industry executives, the emirate’s real estate industry offers…
Owning a home is a keystone of wealth… both financial affluence and emotional security.