The upcoming Expo 2020 Dubai is expected to lift real estate demand for the short-term period
The upcoming Expo 2020 Dubai is expected to lift real estate demand for the short-term period
Drake & Scull International posts Dh78 million net profit in first half due to ongoing operations in the UAE, Algeria, Tunisia, Palestine, India, Kuwait, Iraq, and Germany
This stands in stark contrast with other world property markets, where already record-high house prices were expected to rise in double digits this year.
The market is improving and property prices are on the rise with a good number of high net worth foreign investors from India, Russia and other countries are flocking to Dubai to buy real estate assets at a very attractive price.
Rent-to-own schemes on the rise in UAE, say experts.
Demand for apartments for rent in July 2021 was dominated by Al Majaz that had more than 21 per cent of all user searches followed by Muwaileh, Al Nahda, Al Taawun, Al Khan and Al Qasemiya
The plot was originally purchased for Dh34 million.
The company said its handover portfolio during the second half of 2021 includes the handing over of the final phase comprising of mall, retail, offices, and the hotel within the commercial cluster of the Dh3 billion Mirdif Hills Project
The work-from-home boom and the consequent increased need for space helped to increase capital values by 4.2 per cent in Dubai