Category: Real Estate Market
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Dubai records a historic transaction volume of 29,323 units during Q1 2023
Dubai, UAE – 28 April 2023: Unique Properties, one of Dubai’s leading real estate agencies, has witnessed yet another strong surge in the total transaction volume of units during the first quarter of 2023. To further solidify this and as per the latest report by CBRE, a global leader in commercial real estate services and investments,the city…
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The Ritz-Carlton Residences, Dubai, Business Bay are now ready for buyers
Dubai, UAE, 30 March 2023: Kappa Acca Real Estate LLC, a real estate development subsidiary of Khamas Group, has recently signed an agreement with Marriott International to introduce The Ritz-Carlton Residences, Dubai, Business Bay to the country. Located in the Dubai Water Canal district, The Residences offer stunning views of the glittering Dubai skyline and…
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Dubai Holding launches Life Goals initiative this Ramadan to upskill and empower blue-collar workers
Dubai, UAE, 22 March 2023: Dubai Holding, a diversified global investment company with presence in over 13 countries, announced today its latest community initiative – Life Goals – set to launch this Ramadan with programmes rolling out throughout the year. Life Goals centres around enhancing the financial resilience of blue-collar workers and recognising their significant contributions to the…
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Unique Properties shares insights on historic YoY growth for February 2023
Real estate transactions witnessed an outstanding increase by recording over $7.3 billion in February 2023 9,020 sales transactions were issued last month compared to 6,310 in February 2022 4,500 transactions were recorded in the off-plan market compared to 2,533 during the same period last year Dubai, UAE – 22 March 2023: Unique Properties, a leading…
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Eshraq Investments: AED 162 million for the sale of 58 residential units in Burj Daman.
Abu Dhabi, UAE; 17 March 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) today announced that it has entered into Memoranda of Understanding (“MOU“) with regard to the sale of all the 58 apartments it owns in Burj Daman-DIFC-Dubai for a total sale consideration of AED 162 million. The transactions are a continuation of the Company’s…
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THE ELLINIKON BREAKS NEW GROUND WITH GREECE’S TALLEST BUILDING, RIVIERA TOWER
Lamda Development has broken new ground in Athens with work now underway at the iconic Riviera Tower, Greece’s tallest building and first ever skyscraper. Set to be completed by March 2026, the 200-metre Riviera Tower is just one highlight of The Ellinikon, one of the largest, most ambitious urban regeneration projects in the world. The Ellinikon…
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Department of Municipalities and Transport reports 6% reduction in service fees for real estate development project service charges in 2022
Abu Dhabi, 15 March 2023: The Department of Municipalities and Transport (DMT) have revealed that service fees for real estate units’ owners and investors in development projects were reduced by 6% during 2022. The reduction in service charges led to property owners and investors saving over AED37.2 million in 2022. DMT also announced that 319…
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Deyaar launches iconic luxury seafront residential tower Mar Casa at a value of AED 1.1 billion
Dubai, UAE; 15th March: Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has launched its signature seafront project Mar Casa with a total value of AED 1.1 billion, redefining the region’s urban life and reinventing the boundaries of conventional luxury. A residential destination at Dubai Maritime City where heritage meets modernity,…
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Dubai Chamber of Commerce Launches Six Real Estate Sector-Specific Business Groups
Dubai, Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has unveiled the establishment of six real estate sector-specific business groups. The new groups focus on companies operating within the real estate sector, including real estate developers, real estate valuation, real estate leasing, facility management, interior decoration / interior design services and engineering consultants.…
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Saned Integrated Facilities Management Achieves 45% Growth Over 2021
Sharjah, 21 Febrary, 2023: During 2022, Saned Integrated Facilities Management Company, owned by Sharjah Asset Management, achieved great success through a series of pioneering and distinguished projects, garnering a 45% increased growth rate compared to 2021. The company worked diligently to achieve its vision to promote economic growth in the Emirate of Sharjah and saw…
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