DMCC has initiated the second phase of its Uptown Dubai project, showcasing its commitment to enhancing and expanding its real estate offerings. Swissboring Overseas Piling Corporation has been appointed for the enabling and foundation works. In the upcoming phase, two mid-rise towers will be constructed in the Uptown Dubai district, situated in the heart of new Dubai's southern end. These towers,...
As Dubai's population experiences swift growth, the demand consistently surpasses the available supply. Dubai's off-plan real estate sector has exhibited remarkable growth over the past four years, propelling the overall UAE market to reach Dh455.7 billion in sales in 2023. Experts anticipate that, with demand surpassing supply, the off-plan sector will continue to contribute to the market's growth in...
The inaugural real estate venture for the German automotive giant, Mercedes-Benz Places, is a 65-story residential tower situated in Downtown Dubai. A day after its launch, half of the properties in Binghatti Properties' latest branded residences project, Mercedes-Benz Places, in Downtown Dubai, have already been sold out, indicating strong buyer demand in the thriving UAE property...
On Tuesday, there were 530 sales transactions totaling AED2.35 billion, along with 135 mortgage deals amounting to AED564.27 million and 55 gift deals worth AED180.68 million. On Tuesday, the Dubai real estate market experienced a busy day with recorded transaction deals amounting to $816.8 million (AED3 billion). The property deals on Tuesday comprised 530 sales transactions totaling AED2.35...
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