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Dubai land sales said to soar by $8bn since 2012

Dubai land sales said to soar by $8bn since 2012 New research shows growing land-for-development shift by investors in the UAE. The value of annual land sales in Dubai has risen by AED30 billion ($8.17 billion) over the last five years, with Business Bay identified as a key area for further growth, according to new…

Dubai’s top areas for house sales and rents

Dubai’s top areas for house sales and rents With an abundance of supply and a change in the rental market, the real estate landscape is showing some new trends this year It has been a year of change in the Dubai real estate market with new trends, an abundance of supply and a shift in…

Dubai’s freehold offices see a sales spike ahead of VAT

Dubai’s freehold offices see a sales spike ahead of VAT Strata-titled units at Business Bay, especially smaller spaces, record 22% spike this year. Owners of office properties in Dubai have something to cheer about. In recent months, sales of freehold office units have been showing steady gains, especially the strata-titled units at JLT (Jumeirah Lake…

DLD organises roadshows in Moscow, London

DLD organises roadshows in Moscow, London The initiative aims to familiarise residents of Russia and the UK with the Dubai property market and its real estate developers With a mandate to promote Dubai around the world as a preferred real-estate investment destination, the Dubai Land Department (DLD) organised two roadshows and a number of workshops…