Real Estate

In Dubai property market, many reasons why ‘1% monthly’ plans are showing up everywhere

Developers rely on user purchases, seeking simpler, accessible payment plans. Dubai developers pivot towards end-user buyers, emphasizing a 1% payment option amid peak mortgage rates. This strategy aims to attract buyers in a challenging market environment, fostering increased property sales. In 2024, Dubai's property market is witnessing a notable shift with the emergence of the 1 per cent monthly...

Arada buys AED600mn plot in Zaabeel

  Arada, a prominent developer, has successfully acquired a prime land plot in Zaabeel 2 valued at AED600 million from Rital Properties, the real estate arm of Emirates NBD Properties. The strategic location in Zaabeel 2 is earmarked for a prestigious 50-floor luxury residential tower, signaling a major expansion for Arada. The plot spans 138,466...

Dubai real estate rents to climb 20% this year, investors eye returns: analyst

Dubai's real estate sector witnesses surging rental prices, with projections suggesting further escalation in 2024, highlighting a persistent trend of increasing demand and limited housing supply in the market. Forecasts from property experts at Colife indicate a potential 20% surge in Dubai real estate rents in 2024. With investors eyeing both long and short-term returns, the...

Binghatti announces early completion of JVC residential project

Binghatti Heights: 365 modern units with cutting-edge technology ambiance. Binghatti Developers proudly announces the early completion of Binghatti Heights, a remarkable residential development nestled in the heart of Jumeirah Village Circle (JVC). This visionary project encompasses 365 units, each meticulously crafted with a contemporary ambiance and equipped with...

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