Expected sales from Egyptian project may reach Dh2,83 billion and units hand over will start by the end of fourth quarter of 2025
Dh75 million residential project spanning over an area of 17,000 square feet; Handover in the last quarter of 2021
Maple Invest Co, an investment vehicle owned by Sajwani, offered $595 million as a conditional bid for the issued share capital of Damac not already owned by Maple and its affiliates
Investors opposing the move forme ad-hoc group to lead talks but fail to bring trust management to negotiation table
Average rental rates in Northern Emirates dropped in the range of 3-11 per cent during the first quarter of 2021.
New ownership and visa laws, a business-friendly environment, and highly successful Covid-19 vaccination drive have all helped Dubai retain investor confidence
A range of government initiatives is expected to support future demand for these relatively untapped market segments, said a researcher.
Rents start from as low as Dh14,000 per annum.
Over Dh560 million generated in sales and buyers represent 24 nationalities.