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Dubai real estate brokers earn Dh842 million in commissions

dubai property market

The Dubai Land Department (DLD) has announced that real estate brokers earned commissions worth Dh842 million in the first nine months of 2018. The brokers contributed to concluding 18,121 transactions in that period. The report issued by the department of real estate studies and research at DLD shows that brokers earned Dh429 million from land…

Why Your Grout Choice Is Just As Important As Your Floor Tile

Bathroom design

After some serious contemplation, you’ve finally picked out the tile you want for your bath or kitchen—but what about the grout? The paste that fills the spaces between each tile hardly seems like the most significant design element, but the grout you choose—especially the color—can completely transform the look of the room. Here, Jesse Walker, Exquisite Surfaces’ Chicago showroom manager,…

Dubai named world’s top mega city for construction

Dubai construction

Dubai has been named as the world’s top city for construction projects with a pipeline worth $374.2 billion, according to new research. The UAE city beat London into second place, with $328.7 billion worth of projects, in a list of the world’s 50 Construction Mega Cities compiled by GlobalData. According to the report, an estimated…

Payment plans, bargain hunters drive ready property market

Dubai property market

The secondary property market in Dubai is steadily catching up with off-plan sales, which has been seeing a precipitous year-on-year fall. The secondary market in Dubai witnessed the sale of 9,865 units from January to end of October this year, down only two per cent compared to the 10,099 units sold in the comparable period…