Hive2021

Dubai logs over AED1.7 billion in realty transactions on Wednesday

According to information provided by Dubai’s Land Department (DLD), the real estate market in Dubai saw 500 sales for AED1.21 billion on Wednesday, along with 103 mortgage deals worth AED267.86 million and 73 gift deals totaling AED225.33 million. 33 land plots valued at AED240.95 million and 467 villas and apartments totaling AED970.05 million were sold. …

Dubai logs over AED1.7 billion in realty transactions on Wednesday Read More »

Dubai records over AED2.5 billion in realty transactions on Thursday

According to data provided by Dubai’s Land Department (DLD), the real estate market in Dubai saw 581 sales for AED1.89 billion on Thursday, along with 134 mortgage agreements worth AED485.02 million and 16 gift deals totaling AED168.02 million. The deals included 43 land plots valued at AED492.5 billion and 538 houses and apartments totaling AED1.4 …

Dubai records over AED2.5 billion in realty transactions on Thursday Read More »

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 …

Property developer RAK Properties announces sale of new beachfront residences Read More »

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 …

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

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 …

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

A Dh7 billion projects in Abu Dhabi will build 1,742 villas for residents

The West Baniyas and Al Samha districts of Abu Dhabi will see the construction of up to 1,742 homes for people at a cost of more than Dh7 billion, it was revealed on Wednesday. According to the Abu Dhabi Housing Authority, the Al Samha project would include 242 villas while the West Baniyas residential complex …

A Dh7 billion projects in Abu Dhabi will build 1,742 villas for residents Read More »

An ultra-luxury tower in Dubai will allow residents to drive all the way to their floor

The family-owned developer from the UAE, Binghatti, on Wednesday night, unveiled Bugatti Residences in Dubai, the French luxury carmaker’s first residential project ever, as the demand for branded and ultra-luxury residences continues to dominate the local real estate market in the wake of the pandemic. The 43-story ultra-luxury building, which is located in Business Bay, …

An ultra-luxury tower in Dubai will allow residents to drive all the way to their floor Read More »

The Boulevard residential complex in Aljada, Sharjah, has been completed by Arada

Within The Boulevard, an upmarket residential development within its Sharjah mega-community Aljada, Arada has finished 585 homes. The nine-story buildings are situated close to East Boulevard, the major highway of Aljada. The Boulevard is made up of three apartment buildings with a variety of amenities and is surrounded by a beautiful, vegetative landscape. Homes offer …

The Boulevard residential complex in Aljada, Sharjah, has been completed by Arada Read More »

There’s a boom in Saudi real estate due to a strong demand for office space

According to global property consultancy Knight Frank, Saudi Arabia’s multifaceted real estate industry is currently seeing a dynamic expansion across all sectors, a good trend supported by compelling recent data and knowledgeable insights. According to the report, demand for Grade A office space in Riyadh, Saudi Arabia’s economic centre, is experiencing an unprecedented boom, with …

There’s a boom in Saudi real estate due to a strong demand for office space Read More »