February 19, 2024

A 59.6m square feet Dubai plot fetches record Dh3.58 billion

Dubai has experienced substantial increases in land values, with the DIP deal sealing the deal. The second Dubai Investments Park (DIP) area witnessed a significant Dh3.58 billion plot sale, contributing to the total Dubai real estate sales of Dh4.33 billion across 372 transactions on Friday. Data from Dubai Land Department indicates that the 59.6 million square feet area resulted in a per square foot...

The Palm Crown : The Pointee to be redeveloped into 38 Luxury Villas

Introducing The Palm Crown… The Pointe, originally established as a dining and entertainment hub atop the Palm Jumeirah in December 2018, underwent confirmation of redevelopment by Nakheel in May 2023. Despite Nakheel not officially disclosing plans for The Pointe, various real estate firms have now provided details about the upcoming project known as The Palm Crown. Contrary to initial speculation...

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