Prices at the twin residential towers, located in Business Bay, will start at $10 million Sankari Properties, a newcomer to Dubai's real estate scene, is set to embark on a groundbreaking $1 billion development in the coveted Business Bay area, responding to heightened investor interest in the ultra-luxury property segment. The ambitious project will feature twin residential towers...
Dubai's real estate market is grappling with a significant supply-demand imbalance, particularly in the residential sector. The rapid population growth, driven by an influx of foreigners attracted by increased investment returns and diverse residency permit options, has outpaced the delivery of new residential units. In 2023, 50,000 new residential units were delivered, addressing...
There was a 13.2 percent decrease compared to the same period the previous year, bringing the total number of transactions to 9,034. In November 2023, the Dubai real estate sector witnessed a significant change in residential transactions, registering a total of 9,034 transactions – reflecting a 13.2 percent reduction compared to the corresponding period in the prior year, as per the most recent...
DAMAC Properties, a premier UAE real estate developer, has unveiled DAMAC Maison AYKON City along Sheikh Zayed Road, near Safa Park, renowned dining, upscale shopping, and entertainment hubs. This visionary project, not just a skyline addition, elevates luxury standards in real estate and hospitality. Featuring modern studios to spacious three-bedroom luxury hotel apartments, each space boasts cutting-edge...
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