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Dubai off-plan property sales soar in first 5 months

Dubai South registers 614% increase in sales, JVC up by 170% Off-plan property sales in Dubai rose by 58 percent in the first five months of 2017 compared to same period last year, according to a report by Global Capital Partners-Reidin. The data, based on the Dubai Land Department registered transactions, revealed 7,152 off-plan units…

More global millionaires pick Dubai to buy second homes

New World Wealth report ranks emirate higher than Paris, Los Angeles and Sydney Dubai is cementing its place in the list of millionaires buying second homes across the globe, according to a new report. New World Wealth, in its 2017 “Wealth Migration Report”, said the number of multi-millionaires rose by over 2 percent to 8,600…

Dubai property gets Ramadan boost

Analysis of monthly sales transactions over the past seven years reveals Ramadan months are not the slowest Property sales and transactions slow down in Dubai during Ramadan. This is a myth. With the holy month falling during summer, which traditionally sees a lull, for the past few years, there has been a common perception that…

Dubai Properties gets going on the water

Anchor dropped for what are to be the city’s first full-fledged water homes Dubai Properties has dropped anchor for what are to be the city’s first fully-fledged “water homes”. Or — to be more precise — laid the foundation for them. Located off Business Bay and smack on the Dubai Water Canal, the limited collection…