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Two new projects are launched by Danube Properties: Sportz and Eleganz

The fastest-growing private real estate developer in the United Arab Emirates, Danube Properties, has unveiled two new projects: Eleganz, which will provide 259 stylish and elegant townhouses and apartments at the Jumeirah Village Circle, and Sportz, a stylish 39-story tower that will deliver 1,100 apartments in Dubai Sports City. Since the developer entered the real …

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Indians become the largest real estate investors in Dubai, dethroning British investors

Indians are now the biggest real estate investors in Dubai, and they have a significant influence on the direction of the real estate industry in the area. According to the Betterhomes Residential Market Report, when it came to buying new homes for end-user demand or investors looking for higher yields and eligibility for the Golden …

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In October 2023, Sharjah’s real estate transactions reached $980 million

According to the Sharjah Real Estate Registration Department, the Sharjah real estate market saw tremendous expansion in October 2023. 3,798 transactions totaling AED 3.6 billion in trade value involving 8.2 million square feet were carried out throughout the emirate’s different regions. When compared to September’s real estate activity, when the trade volume reached AED 2 …

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During the winter months in Dubai, here are the 7 best barbecue spots

The winter season in the UAE is often associated with barbecue activities, which have become a cherished tradition for many families. What better way to relish the drop in temperature than by igniting a grill and indulging in delectable food with loved ones? If you are seeking remarkable spots in Dubai to embark on this …

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UAE: Stuck in traffic? Here are five things you shouldn’t do

Are you currently trapped in a frustrating traffic jam, desperately seeking an escape route? In such trying circumstances, it is crucial to exercise caution and refrain from abruptly changing lanes, engaging in disruptive behavior, or succumbing to the temptation of using your mobile phone. This invaluable advice was imparted by the esteemed Abu Dhabi Police …

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Dubai Land Department urges property owners to use proper channels for corporate tax compliance

In an effort to strengthen market transparency and encourage compliance with the relevant regulations and laws, the Dubai Land Department (DLD) has encouraged property owners to work with recognized valuation agencies for the application of corporation tax legislation. The Dubai REST app and DLD’s official website, dubailand.gov.ae, both have the official list of accredited businesses …

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In October 2023, Qatar’s real estate trading volume reached $357 million

In October 2023, the Real Estate Registration Department of the Ministry of Justice registered a total of QR1,329,442,298 in real estate trade volume through sale contracts. 332 real estate transactions were registered throughout the month, according to data from the Ministry of Justice’s real estate analytical bulletin. The index of sold real estate showed a …

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In the next year, Liv plans to launch $544 million of projects in the UAE

UAE-As part of its regional development strategy, the leading developer of luxury projects in Dubai, Liv, has revealed intentions to launch three new projects in the country next year, totaling more than AED2 billion ($544 million). Declaring this today, November 7, Liv noted that this is in keeping with their intention to increase the portfolio …

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The real estate demand has driven Emaar Properties’ 9-month net profit growth by 42%

With revenues of Dh18.4 billion, driven by growth in tourism, stronger retail sales, and increased demand for real estate, Emaar Properties reported a nine-month net profit of Dh8.2 billion, up 42% over the same period the previous year. Emaar reported group property sales of Dh31.1 billion for the first nine months of 2023, representing a …

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In Q4 2023, Riyadh and Jeddah will receive 14,000 new housing units: JLL

According to JLL’s Q3 2023 real estate market overview, 14,000 new residential units will be added to Saudi Arabia’s two largest cities, Riyadh and Jeddah, in the final quarter of 2023. 8,000 new homes are anticipated to hit the market in the capital, while 6,000 more will be built in Jeddah between October and December. …

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