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The quarterly ValuStrat Price Index for apartments grew 1.7 per cent, but declined 4.8 per cent when compared to last year. Jumeirah Beach Residence, Palm Jumeirah, Downtown Dubai, and The Views where the best quarterly performers.
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Palm Jumeirah tops the list of prime residential property buyers this year.
Raft of government measures serving as confidence-booster for investors
Over 30 per cent of masterplan sold, as Sobha Realty sees huge demand for villas and villa plots
The robust sales during the first half of this year reflected the high performance and the attractiveness of the company’s projects
In June, Dubai’s resilient property market maintained its resounding recovery, with a 2.1 per cent price spike, the eighth successive monthly surge.
71 new plots available at Al Gurm’s archipelago-style islands in Abu Dhabi.
The acquisition is in partnership with Student Quarters, an Atlanta-based specialist asset manager, who is the sixth largest purchaser of student housing assets in the US and has completed transactions in the space with a total value in excess of $1.4 billion
The sell-out builds on the growing attractiveness of Saadiyat Reserve as a residential community.
Villas, which represent 13 per cent of the residential market in Dubai, spearheaded growth with a quarterly increase of seven per cent and an annual expansion of 6.3 per cent