Category Archives: Real Estate

Real Estate

“Safety and Security” Enhance Continuity of Dubai’s Upward Curve

– Dubai become the world’s real estate hub and the first choice for the wealthy individuals

-Dubai’s real estate strong demand still exceed expectations,

Walid Al Zarooni

Dubai, United Arab Emirates

 Sunday, August 4, 2024

W Capital Real Estate Brokerage reported that Dubai has become the world’s real estate hub in recent years, with high returns on investment and the security and secure environment, which has become the most positively influential element in light of the escalation of geopolitical tensions globally, and in light of the state of “uncertainty” surrounding the global economy.

The brokerage report confirmed that the Dubai real estate sector has made the difficult equation by maintaining the momentum of growth and record sales over the past years, amid an unprecedented strong demand that continues to exceed expectations.

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Real Estate

DAMAC Signs the Main Works Contract for DAMAC Harbour Lights

  • Scope of work to include construction of 52-storey tower and 5-storey parking block
  • This is DAMAC’s first project in Dubai Maritime City

Dubai, UAE – August 1, 2024 – DAMAC Properties is pleased to announce the signing of a new contract with Modern Building Contracting Co. (MBCC), one of the leading construction companies in the UAE. This partnership marks a significant milestone in the development of a 52-storey tower that will feature 294 luxurious apartments.

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Real Estate

GCC investors expected to spend more than $4bn in UK commercial property market annually: Bank of London and The Middle East report

  • Falling interest rates, improved affordability to acquire assets and improved outlook for increased investment returns to drive GCC investor appetite
  • Growing investment appetite for good quality and flexible assets with strong sustainability credentials seen as emerging trend
  • Purpose-built student accommodation (PBSA) buildings experience rise in demand due to growing number of students form the Gulf region at British universities

01 August 2024: Investment into UK commercial property by Gulf investors is expected to grow to more than $4bn (£3.1bn) annually, according to new research from Bank of London and The Middle East (BLME), a Sharia’a compliant bank based in London.

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Real Estate

Zimaya Properties Announces the Launch of Belle Reve in JVC, Dubai

Zimaya Properties Announces the Launch of Belle Reve, The Future of Comfortable Luxury Living in JVC, Dubai

Belle Reve by Zimaya Properties, located in Jumeirah Village Circle, provides premium living with world-class amenities. Set for a Q3 2026 completion, it promises to create a welcoming community in a well-connected area.

Dubai, UAE – July 24th 2024:  Zimaya Properties, an admired boutique developer, has been crafting exceptional living spaces since its inception. Renowned for their commitment to quality and innovation, they’re proud to unveil Belle Reve, their latest residential masterpiece in the District 15 of Jumeirah Village Circle (JVC).

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Real Estate

DAMAC Properties Hosts Emirati Brokers Event in Association with Dubai Land Department

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  • Around 300 brokers attended the event
  • DAMAC’s latest project, LAGOON Views showcased, garnering high interest

Dubai, UAE, 29 July 2024: DAMAC Properties, one of the leading luxury real estate developers in the region, has held a key event organised in collaboration with the Dubai Land Department (DLD) to support and recognise the contributions of Emirati realty brokers in the UAE community.

The Emirati Brokers Eventgathered around 300 brokers, as well as DAMAC staff.

The congruence, which aligns with the Dubai Real Estate Broker Programme initiated by DLD, a pivotal initiative under Dubai’s Social Agenda 33,held the spotlight on one of DAMAC’s latest luxury developments, the DAMAC LAGOON Views. This cluster of apartments is located in the developer’s third and upcoming master community DAMAC Lagoons

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