Category: Blogs

Coming up: New homes at Meydan

Coming up: New homes at Meydan Prescott Real Estate Development has announced a residential project in the Meydan community. Prime Views, estimated to cost over Dh165 million, is a G+4 storey building with 133 one-bedroom units and 18 two-bedroom units. According to a Prescott spokesperson, Prime Views will be self-financed. The property is situated next […]

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Dubai master developer gets generous with payment plan

Dubai master developer gets generous with payment plan Attractive payment plans were all the rage at Cityscape Global. Jumeirah Golf Estates was one among the few master developers offering generous post-handover payment plans. For Alandalus, a mid-market apartment project, the master developer is offering a one per cent per month payment plan during construction. This is after you pay a five […]

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Most expensive penthouse sold in Dubai at Dh102m

Most expensive penthouse sold in Dubai at Dh102m It is the largest of three triplex penthouses, owner will get to enjoy over 29,800 square feet of luxury Omniyat has revealed that an anonymous buyer has scooped up the most expensive penthouse in Dubai for Dh102 million, beating the previous record price tag of Dh60 million. […]

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The Floating Venice – Luxury Underwater vessel resort in The World islands

World’s first ‘luxury underwater vessel resort’ launched in Dubai Valued at Dhs2.5bn, The Floating Venice will be located in The World islands Property developer Kleindienst Group has launched The Floating Venice – what it claims is the world’s first underwater luxury vessel resort – during the Cityscape exhibition in Dubai. Valued at Dhs2.5bn ($680m), The […]

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Is too many off-plan launches a good thing for Dubai?

Is Too Many New Project Launches a Good Thing for Dubai? New project launches in Dubai continued unabated during the first half of 2017. Sixty-eight new projects worth Dh21 billion were launched during this period as per data from the Land Department. These new launches are the latest addition to what is already a significant residential […]

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Why Indians and Pakistanis love to call Dubai home

Why Indians and Pakistanis love to call Dubai home The lure of Dubai property has always been too good to resist for investors from the Sub-Continent. No surprise then that Indians have yet again topped the list of non-Arab investors pumping in money into Dubai real estate. According to statistics from the Dubai Land Department […]

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Dubai realty market rides on robust off-plan demand

Dubai realty market rides on robust off-plan demand Total number of off-plan sales to date surpasses entirety of off-plan sales in 2016 Total transactions by the Dubai Land Department amounted to Dh132 billion for the first half of 2017. Approximately 25 per cent of these transactions are from residential transactions with investment in the Dubai […]

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Invest Group to pump Dh2 billion in Dubai real estate sector

Invest Group to pump Dh2 billion in Dubai real estate sector Dubai-based property developer Invest Group Overseas (IGO) will invest Dh2 billion in new real estate projects over the next few years, its CEO said. The group on Monday launched Dh500 million freehold residential tower in Jumeirah Lake Towers, equipped with 440 units of one-, […]

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