Category Archives: Real Estate

DLD launches first digital edition of International Property Show

DLD launches first digital edition of International Property Show

 

  • IPS represents the largest regional digital real estate event in conjunction with Invest in Dubai Real Estate on 11 – 20 of November 2020

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The UAE construction industry is expected to grow by 3.8 percent in 2021,

The UAE construction industry is expected to grow by 3.8 percent in 2021, according to Linesight’s latest market research

 

  • Linesight findings reveal the impact of COVID-19 on the UAE’s real estate industry to be relatively short lived, with modest growth expected in 2021
  • Saudi Arabia’s construction industry expected to be buoyed by significant funds invested in the tourism industry as part of Saudi Vision 2030

Continue reading The UAE construction industry is expected to grow by 3.8 percent in 2021,

Developer Sets New Benchmark; Early Completion in Dubai Real Estate

Developer Sets New Benchmark; Early Completion in Dubai Real Estate
Samana Developers Completes 100% Superstructure of Dh100 million Hills Project Ahead of Schedule

DUBAI, United Arab Emirates, September 09, 2020: The superstructure of Samana Hills, a G+5 apartment complex, has been completed by Dubai-based Samana Developers ahead of time. Ground was broken on the Dh100 million Samana Hills in September 2019, and construction has since been fast-tracked.

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Mo’asher – secondary market transactions accounting to more than 70% of total sales

Mo’asher – secondary market transactions accounting to more than 70% of total sales

 In July, real estate sales transactions grew by 3.7% month-on-month and averaged around 600 properties sold in Dubai every seven days.

  • The secondary market in July 2020 had higher volumes of sales transactions than off-plan transactions, a trend recorded since the end of Q2 2020

Continue reading Mo’asher – secondary market transactions accounting to more than 70% of total sales