Category Archives: Real Estate

Real Estate

Biggest Plot in Business Bay Just Sold through Driven Properties

Dubai, United Arab Emirates, August 1, 2024: Driven Properties, Dubai’s renowned real estate brokerage, announces its successful facilitation of the sale of the largest plot in Business Bay. The sale marks a significant milestone for the area, paving the way for a new, sustainable office park.

The premium office park by Lamar Development will serve as a welcome addition to the area, addressing the critical shortage of Grade A office spaces in Business Bay and the city at large. With neighbouring off-plan office developments seeing prices that exceed AED 7,000 per square foot, the sale solidifies Driven Properties’ position as a trusted provider, even in the face of short supply. This investment on the canal strip puts the Gross Development Value for Lamar’s existing and upcoming developments across the canal to over AED 12 billion.

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Real Estate

“الأمن والأمان” يعززاناستمرارية المنحنى الصاعد لعقارات دبي

دبليو كابيتال للوساطة العقارية:

“الأمن والأمان” يعززاناستمرارية المنحنى الصاعد لعقارات دبي

وليد الزرعوني:

– دبي أصبحت عاصمة العقار عالميًاوالخيار المفضل للأثرياء

– مسيرة الطلب القوي على عقارات دبي تتواصل متجاوزة التوقعات

دبي، الإمارات العربية المتحدة،الأحد4 أغسطس 2024:

أفادت شركة “دبليو كابيتال” للوساطة العقارية، بأن دبي صارت عاصمة العقار في العالم في السنوات الأخيرة، مع تقديم عوائد مرتفعة على الاستثمار وتوفير “الأمن والأمان” الذي بات العنصر الأكثر تأثيرًا على نحو إيجابيفي ظل تصاعد التوترات الجيوسياسية عالميًا، وفي ضوء حالة “عدم اليقين” التي تلف الاقتصاد العالمي.

وذكرت الشركة في تقرير لها، أن القطاع العقاري في دبي حقق المعادلة الصعبة بحفاظه على زخم النمو والمبيعات القياسية على مدار السنوات الأخيرة، وسط طلب قوي غير مسبوقيتواصل متجاوزًا التوقعات.

وأشار التقرير، إلى أن الاستثمار العقاري في الإمارة أصبح خيارًا مفضلًا لدى الكثير من الأثرياءالعالميين، وينعكس ذلك في ارتفاع مبيعات العقارات الفاخرة.

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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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