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Dubai realty market rides on robust off-plan demand

Total number of off-plan sales to date surpasses entirety of off-plan sales in 2016 Total transactions by the Dubai Land Department amounted to Dh132 billion for the first half of 2017. Approximately 25 per cent of these transactions are from residential transactions with investment in the Dubai off-plan market year to date standing at Dh21.4…

Why home insurance sales are soaring in the UAE

A bit troubling: study shows about 90% of people do not have home insurance in Dubai A steep increase in home insurance is being witnessed in the UAE, with a majority of Dubai residents not having one, a study from ServiceMarket has revealed. Emre Guclu, head of insurance at ServiceMarket said: “We often experience a…

Understanding real estate ROI

What is driving returns in the UAE property market? The regional real estate investment markets have undergone significant change in the preceding decade and it is widely regarded that the commercial market, in particular in Dubai, is now an established investment destination with an increasing amount of activity among private investors, investment funds and institutions….

New mall coming up within MBR City

Dubai Hills Mall forms part of the sprawling Dubai Hills Estate, which is a Meraas joint venture with Emaar Dubai: A new mall with 2 million square feet of leasable area has been announced, located within the sprawling MBR (Mohammad Bin Rashid) City. To feature over 750 outlets, the mall is located at the intersection…