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dubai

Dubai Holding’s Madinat Jumeirah Living on track for handover

Dubai Holding’s Madinat Jumeirah Living on track for handover

Flagship 3.85 million square feet project in central Madinat Jumeirah district broke ground in 2019 Dubai Holding’s flagship residential development, Madinat Jumeirah Living, an exclusive freehold project located in the prime Madinat Jumeirah district, opposite the world-famous Burj Al Arab is on track for timely handover in Q2 2021. The 3.85 million square feet resort…

Dubai property sales break 7-year record, top areas revealed

Dubai property sales break 7-year record, top areas revealed

Secondary residential property sales in November 2020 broke a seven-year record as local real estate steadily recovers from the impact of the pandemic and oversupply. The top areas for secondary apartment sales in November 2020 were Dubai Marina, Business Bay, Barsha Heights (Tecom), Downtown Dubai and Jumeirah Village Circle, real estate website Property Finder said…

Dubai likely to focus new developments in key pockets

Dubai Developments

There are still pockets in Dubai which can be developed under better urbanisation plan rather than pushing the boundaries of the city to bring balance between demand and supply, “In order to re-establish balance between demand and supply, I would also encourage not to push the boundaries of the cities. Within the city, there are…

Revealed: how UAE property price declines compare globally

Global Residential Cities Index

Dubai and Abu Dhabi posted two of the highest property price declines in the world between Q3 2018 and Q3 2019 – Knight Frank Dubai and Abu Dhabi posted two of the highest property price declines in the world, according to Knight Frank’s latest Global Residential Cities Index. The index, which covers real estate markets…