News
Damac Properties has commenced handovers at the ‘Claret’ cluster of its landmark 55 million square-feet master development, Akoya. Claret, which consists of 315 townhouses, is nestled amidst lush green surroundings and world-class amenities. Following the handovers at Claret, Damac is committed to delivering over 1,300 homes across other clusters in the coming months. Construction works…
With a surge in delivery during the Expo, will the demand-supply gap further widen? Around 126,000 new units are expected to enter the Dubai real estate market by the end of 2020, as most developers in Dubai are focusing on handing over properties around the Expo event. Historical trends in the market, however, indicate that…
JVC sees lower decline despite huge supply with IMPZ and Discovery Gardens worst hit Dubai: Dubai’s rental market is going against conventional wisdom … at least in some locations. Consider what’s happening at Jumeirah Village Circle. The mid-market residential community accounted for more than 20 per cent of the 5,000 new homes that were completed…
Fidu Properties has reaffirmed that Chinese investments in the UAE’s real estate sector are set to surge in the coming months, and will grow over 70 per cent during 2019, reinforcing the growth potential on offer in the country. Chinese investments have gone up 64 per cent between 2016 and 2017, and this trend has…