2024

Abu Dhabi: An economic report has highlighted the UAE topped Gulf Cooperation Council (GCC) countries, recording the highest share of the total value of real estate deals conducted during the first ten months of 2023, surpassing the expectations for 2022. The report, issued today by Kamco Invest company indicated that the value of real estate deals in the GCC countries reached $171.6 billion...

Dubai: A 77,707 square feet penthouse has gone on sale at Dubai's Palm Jumeirah - the asking price? Dh600 million. That price tag is right up there with the costliest homes in the city. It forms part of Raffles The Palm Dubai and the developer-seller is  Emerald Palace Group (EPG). The 'Super Penthouse R1', the developer says, is the 'largest penthouse in Dubai'. The handover will be done 15...

Dubai: It’s 2024 and in Dubai’s property market, the 1 per cent monthly payment plan is starting to show up everywhere. Possibly for the first time, even some villa projects are featuring the 1 per cent offer, whereby buyers have a chance to stagger their payments on a monthly basis that could be relatively easier on their budget plans compared to the lump-sum 10-20 per cent (of the property value)...

Dubai: A total of 1,721 real estate and properties transactions valued at Dh5.8 billion were conducted during the week ending January 5, according to the Dubai Land Department (DLD). The DLD weekly report said that in the first week of 2024, 114 plots were sold for Dh1.36 billion, and 1,183 apartments and villas were sold for Dh3.13 billion, The top three transactions were a land in Al Thanyah Fifth...