Real Estate

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...

Ellington Properties and DMCC collaborate to launch Mercer House in Uptown Dubai

Dubai's prominent design-led boutique developer, Ellington Properties, has joined forces with Dubai Multi Commodities Centre (DMCC) to unveil Mercer House, a luxurious residential project in Uptown Dubai. Following the success of their earlier collaboration on UH by Ellington, Mercer House promises to be one of Ellington Properties' tallest residential...

Dubai, Abu Dhabi real estate deals surged over 56% in 2023

In 2023, the real estate markets in Dubai and Abu Dhabi experienced remarkable growth, according to a report released by Kamco Invest. The report indicates that real estate deal flow in Dubai surged by an impressive 57%, while Abu Dhabi witnessed a substantial 56% increase. The timeframes for these surges were the first ten months of 2023 for Dubai and the first nine months for...

Dubai real estate records $4bn of transactions in final week of the year, including $97m Business Bay property

The Dubai real estate market closed the year 2023 with robust activity, recording transactions worth AED14 billion ($4 billion) in the last week, as reported by the Dubai Land Department. The week ending December 29 witnessed a total of 3,063 transactions, with 216 plots changing hands for AED4.38 billion ($1.2 billion) and 2,126 apartments and villas sold for AED5.38 billion ($1.5 billion). This...

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