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Real Estate News

Supply-demand gap pares as sales jump, handovers fall

Supply-demand gap pares as sales jump, handovers fall

Green shoots in Dubai’s real estate sector are increasingly becoming evident as residential market recorded double-digit sale growth last year while actual supply was lower than projected, reflecting that the gap of supply and demand is narrowing fast. Data by ValuStrat revealed that a total of 24,613 residential units were confirmed to have been completed…

Dubai leads growing trend for branded residences

Dubai is set to overtake New York as the global branded residences capital by the end of 2019, with a pipeline of just over 20 schemes The branded residences sector has grown exponentially in the last decade and is tipped for more yet growth, said a new report. The number of branded schemes has grown…

Dubai issues 5-year UAE residency visa to 20 investors

Dubai Golden Card visa holder

The visa benefits the investors and their families. The Dubai Land Department in partnership with General Directorate of Residency and Foreigners Affairs, has granted 5-year UAE residency golden visa to 20 property investors. According to a statement issued on social media, the worth of the total investment is Dh200 million. The golden visa granted today…

Sharjah unveils Dh2 billion sustainable project

Sharjah unveils sustainable project

Sharjah Sustainable City Project offers 100% savings on electricity and 50% on water bills Sustainability is the buzzword these days, especially in the UAE. The property developers here are increasingly going for projects that are environmentally sustainable and witnessing a decent demand from investors. The latest such development to come online is Sharjah Sustainable City…