May 26, 2023

Property developer RAK Properties announces sale of new beachfront residences

A new beachfront development featuring modern apartments with a mix of studios, and one-, and two-bedroom apartments has been launched by RAK Properties, a renowned UAE real estate developer, on Hayat Island in Mina Al Arab, Ras Al Khaimah. The developer claimed that the uniquely built apartments at Bayviews offer inhabitants an opulent living environment …

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Khorfakkan Residence: Sharjah freehold project to feature a waterpark near a waterfall

Ajwan — Khorfakkan Residence, a luxury freehold property tucked between the Khorfakkan mountains and the Gulf of Oman, was officially unveiled on Thursday by master developer Sharjah Development and Investment Authority (Shurooq). The project will cover 65,269 square metres and will consist of six residential buildings with 184 units, ranging from roomy 2, 3 and …

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The real estate market in Dubai is expected to reach AED300 billion in 2023 as high-net-worth individuals flock to the city

According to a prediction made by real estate firm Unique Properties, a 62 percent growth in high-net-worth individuals (HNWIs) from 2012 to 2022 has “placed Dubai’s real estate market on a trajectory” to reach AED300 billion in sales this year. Over 68,400 HNWIs presently reside in Dubai, and an increasing number are moving there. The …

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