Category Archives: Real Estate

Real Estate

Dubai Land Department Recognises Over 120 Leading Entities for Excellence in the Real Estate Sector

During the Stakeholders Forum under the theme ‘Shaping Achievements Together’

Dubai Land Department Recognises Over 120 Leading Entities for Excellence in the Real Estate Sector

Dubai, UAE, 28 January 2025: In line with its commitment to strengthening strategic partnerships and acknowledging the pivotal role of its partners in supporting Dubai’s real estate sector, Dubai Land Department organised the 2024 Stakeholders Forum under the theme ‘Shaping Achievements Together.’ The forum celebrated and honoured over 120 esteemed stakeholders from the government and private sectors, as well as representatives from the media.

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Real Estate

“دبليو كابيتال”: تحويل مناطق في دبي إلى التملك الحر “نقلة إيجابية” للسوق العقاري

دبي، الإمارات العربية المتحدة، الثلاثاء 28 يناير 2025:

أكدت “دبليو كابيتال” الشركة الرائدة في قطاع الوساطة العقارية في دبي، أن قرار دائرة الأراضي والأملاك في دبي بالسماح لملاك العقارات من أصحاب الملكيات الخاصة في منطقتي شارع الشيخ زايد و” “الجداف” في دبي، بتحويلها إلى تملك حر متاح لجميع الجنسيات، أمر إيجابي ويعزز مناخ الاستثمار في هاتين المنطقتين، وفي الإمارة ككل، ويدعم المرونة والاستدامة داخل القطاع العقاري.

وأفادت “دبليوكابيتال” أن هذه الخطوة تفيد أصحاب الملكيات الخاصة في المنطقتين، حيث من شأنها تعظيم القيمة السوقية للعقارات في منطقتي شارع الشيخ زايد والجداف للراغبين من أصحاب العقارات في تحويل أراضيهم إلى تملك حر، كما تعزز الجاذبية الاستثمارية في المنطقتين.

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Real Estate

Freehold areas boost the Dubai real estate market

Converting private properties in Sheikh Zayed and Al Jaddaf areas to freehold, enhances the marketplace value of properties.

– Converting to freehold makes real estate investment in Dubai attractive and flexible

– Property owners will benefit from the price change resulting from converting Sheikh Zayed and Al Jaddaf areas to freehold

Walid Al Zarooni

Dubai, United Arab Emirates

 Tuesday, January 28, 2025

“W Capital”, the Dubai-based real estate brokerage, confirmed that the land mark initiative of the Dubai Land Department DLD, allowing owners of private properties in the Sheikh Zayed Road and Al Jaddaf areas to convert their ownerships to freehold has positive long-term effects and enhances the investment climate in these two areas, making them available to all nationalities, and in the emirate as a whole, and supports flexibility and sustainability within the real estate sector.

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Real Estate

Union Properties achieves total of AED 1.3 billion in plot sales, demonstrating strong growth and market position

UAE, January 28, 2025: Union Properties PJSC (“Union Properties” or the “Company”) (DFM symbol: UPP), sold over AED 1.3 billion worth of plots, since the announcement of its 5-year turnaround strategy in April 2023, marking a significant milestone in the Company’s growth journey.

This impressive sales figure underscores the Company’s success in achieving its declared plans. By leveraging market trends and optimising portfolio performance, Union Properties continues to hit its milestones in accordance with its 5-year strategic plans to create value for its shareholders.

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Real Estate

Condor Launches AED 300 million Premium Residential Project – Condor Golf Links 18 – in Dubai Sports City

  • Luxury developer’s fifth residential project to complement Dubai’s strategy to reinforce the Emirate’s positioning as the premium destination for international investors
  • The 14-floor Condor Golf Links 18 across 47,000 square feet to offer 250 residential units to discerning investors in golf course facing community

DUBAI, January 27, 2025:  In the backdrop of the robust and resilient real estate sector in Dubai with 2024 closing at record transactions, the homegrown luxury residential property developer, Condor Developers, today unveiled its fifth project – Condor Golf Links 18- an AED  300 million premium golf course facing residential project in Dubai Sports City.

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