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It will create 2,000 homes in what the biggest launch by a private developer this year Dubai: Danube Properties is putting the final touches to Dh1.5 billion residential community project — its biggest to date — in Dubai where unit prices start from Dh290,000 and a three-bedroom could be had for Dh1.2 million. The project…
House sales at the more affordable end of the market have driven Dubai’s real estate transactions market in the first nine months of the year, according to listings portal Property Finder. Properties costing Dh1.5 million or below recorded 18,858 transactions during the period, up 11 per cent year-on-year. “This indicates that Dubai real estate is…
New JLL research says Dubai’s residential real estate market is showing signs of stability during third quarter Dubai’s residential real estate market is showing signs of stability with price declines slowing during the third quarter of 2019, according to JLL. JLL’s latest UAE Market report revealed marginal declines of just 1 percent in both apartment…
Private players await market upturn and directions from Higher Committee for next steps Dubai: Private developers in Dubai are holding back on new launches and “waiting for the right time” for the property market to bounce back. They are also awaiting directions from the newly created Higher Committee in Dubai that will oversee and advise…