Category Archives: Real Estate

Real Estate

Record numbers are the “new normal” in Dubai real estate ,”W Capital”

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Record numbers are the “new normal” in Dubai real estate ,”W Capital”

– 4 new unprecedented numbers at the end of last September

-Dhs277bn in real estate sales in 9 months

-Dhs97bn, highest quarterly sales ever

-Dhs26bn, a new record number for the month of September

Dubai, United Arab Emirates

 Sunday, October 8th, 2023

A study by “W Capital”, the leading real estate brokerage based in Dubai, showed that Dubai real estate  record numbers became the “new normal” since the beginning of this year, both on monthly and quarterly bases.

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Real Estate

MERED partners with Mirage to develop a new residential landmark in Dubai

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MERED partners with Mirage to develop a new residential landmark in Dubai

05 October 2023; Dubai, UAE–MERED, the reputed international real estate developer, has officially unveiled its ambitious partnership with Mirage, a strategic consultancy in developing and delivering iconic destination. This collaboration is set to push the boundaries in design and engineering in Dubai with a residential project that emphasizes unparalleled craftsmanship and timeless beauty.

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Real Estate

Iman Developers launches Dh 415 million 10 Oxford

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Iman Developers launches Dh 415 million 10 Oxford

This project has been developed with a focus on Zen inspired biophilic design

Dubai – October 03, 2022:Iman Developers, one of the leading luxury residential developers in Dubai, has announced the launch of 10 Oxford, valued at Dh 415 million. This remarkable endeavor signifies the developer’s tenth venture, which promises to redefine the concept of luxury living in the heart of Dubai. Situated in the lively community of Jumeirah Village Circle (JVC), 10 Oxford is an exceptional development that seamlessly blends contemporary living with nature, courtesy of its Zen-inspired biophilic design.

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Real Estate

Dubai Land Department launches ‘Munaqasat’ service

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To enhance transformation efforts in the real estate sector
Dubai Land Department launches ‘Munaqasat’ service through ‘Mollak’ system to govern submission of tenders for the jointly owned property (JOP) sector

  • The service provides transparency and ensures the best quality services at reasonable and competitive prices
  • It simplifies the tendering process and links jointly owned property companies with service providers
  • Fully digitised procedures to provide realistic budgets for service fees and maintenance
  • Enhance governance of the real estate sector and transparency in transactions
  • Marwan bin Ghalita: The launch of Munaqasat builds on the department’s continuous efforts to bolster the readiness and sustainability of the real estate sector, and fosters effective partnerships between all involved parties
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Real Estate

Dugasta Properties offers 40% guaranteed returns in 5 years

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Dugasta Properties offers 40% guaranteed returns in 5 years on purchase of homes with buy-back option after 5 years

Buyers of ready apartments at Al Haseen Residences near Dubai South are guaranteed an 8% return on investment every year in the first five years totaling 40% return with a buy-back option by developer to help investors benefit from investment on their property for a price as low as Dh342,000

Date: Dubai, UAE; September 29, 2023

Dugasta Properties, a Dubai-based developer that translates dreams into reality, has launched a game-changing scheme for home buyers at Al Haseen Residences that guarantees 8 percent annual return on investment in the first five years – followed by a buy-back option after the fifth year to sell off the properties back to the developer.

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