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Many developers seriously considering option to attract realty investors

attract realty investors

As inventories across the property market rise, developers continue to look for ways to accelerate the offtake through various innovative schemes. The rent-to-own (RTO) model is one avenue that many developers are seriously considering and which is gaining some traction in certain segments. “We have already witnessed several developers offering RTO schemes and I would…

Dubai developers log in positive residential sales in 2019

dubai

Led by Burj Khalifa developer, Emaar, several big players continued to dominate the sales of new properties in Dubai’s oversupplied market in early 2019, new data revealed. Dubai Hills Estate, Nakheel, Meraas, Damac Properties, Dubai Holding, Seven Tides International, Azizi Developments, and Danube Properties were the other major developers, who registered positive residential sales in…

Sharjah to build Dh2bn sustainable city

Sharjah to build Dh2 billion sustainable city

First phase of the solar-powered project will be completed by the last quarter of 2021 Sharjah Investment and Development Authority (Shurooq) in partnership with a Dubai real estate company, plans to build a Dh2 billion sustainable city, it said on Wednesday. Spread over 668,902 square metres, Sharjah Sustainable City will be completed in four different…

Latest La Rive residential units sold out

la rive residential units sold out

Meeras has reported that units at La Rive’s fourth residential building have been completed sold out within the first 24 hours of their launch. Meraas’ waterfront project based at Port De La Mer – the first freehold master community in Dubai’s Jumeriah area – witnessed an immediate level of investor interest in the high-end, off-plan…