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28,600 buildings under construction in Dubai – 5,633 completed this year

28,600 buildings under construction in Dubai – 5,633 completed this year

Layali Al Mulla, Director of the Buildings Department in Dubai Municipality, has said that 5,633 buildings, covering a total construction area of 75,150,033 square feet, were completed in Dubai this year up to the end of September, while the number of buildings under construction is about 28,600, covering an area of 551,034,564 square feet. Abdullah…

Dubai’s DMCC unfazed by current property market weakness

Dubai’s DMCC unfazed by current property market weakness

Dubai’s DMCC, the biggest free zone in the world in terms of concentration of businesses, is running out of space to house companies. It has added eight members each working day in the first nine months of this year to its list and, at this pace, the move to expand the commodities hub in the…

Dubai real estate market in spotlight at US event

Dubai real estate market in spotlight at US event

Dubai real estate market’s continuing growth story has been featured in an international briefing of global real estate markets at the Miami International Real Estate Congress, organized by the Miami Association of Realtors. Top executives from Realopedia, the global real estate e-marketplace established in Dubai, presented a market briefing at the event, an annual gathering…