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dubai real estate

Dubai developer records $27m sales at Mag City project

Mag City project

Mag LD launched 400 units for sale in may City, phase one of the mag Eye project in Dubai Mag Lifestyle Development (Mag LD), the property development arm of Mag Group Holding, has recorded sales worth AED100 million ($27 million) at the launch of Mag City, the first phase of its Mag Eye project in…

Demand for prime UAE real estate strong despite headwinds, says Knight Frank

UAE real estate

Investor appetite for quality UAE real estate remains strong despite broader market challenges, with primary office, logistics and healthcare assets most in demand, according to a report by global property consultancy Knight Frank. “We expect a fairly resilient market for well-let, institutional quality, single-ownership assets, which will continue to attract investor interest,” Knight Frank’s UAE…

Renting in Dubai? Here’s what you need to know…

Renting in Dubai

Moving to a different country can be a challenge at times. With tenant registration on the rise, Allsopp & Allsopp CEO, Lewis Allsopp, has revealed what is needed in order to rent a villa or an apartment in Dubai for the very first time. What documents are needed? Before you start the renting process in…

Dubai landlords becoming more flexible with rent, says report

Dubai landlords becoming flexible

International City is the cheapest place to rent an apartment in Dubai, while City Walk is the most expensive. In a bid to attract tenants, landlords in Dubai are becoming more flexible with prices and even offering rent-free periods, payment terms and other incentives, according to a local property website. In its latest survey of…