Dubai Land Department, DLD, has announced that it issued a total of 8,500 real estate permits from the outset of August 2016 to the end of August 2017.
Among the 16 categories of real estate permit issued by the Real Estate Regulatory Agency, RERA, E-advertising permits ranked first with 6,393, followed by classified ads with 517, billboards with 302 and newspaper ads with 289.
Continue reading “Dubai Land Department issues 8,500 real estate permits in 12 months”
Talal Moafaq Al Gaddah talks about MAG’s vision for a more inclusive property market
Exciting times are ahead for MAG Property Development (MAG PD) as it adapts projects on the drawing board to existing market demands, pursues its theme of wellness in real estate and affordable living, recently adding MAG of Value to its project portfolio.
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Upcoming landmark destinations in Dubai
As Dubai gets ready to host the World Expo 2020, the entire skyline is undergoing a rapid change. Major tourist and leisure attractions across Dubai are taking shape, with projects worth billions of dirhams already under way. Here are our picks of the top 10 projects to look out for.
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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, attended the maiden concept flight of the Autonomous Air Taxi, AAT, a vehicle that will be used for the world’s first self-flying taxi service that will be introduced by Dubai’s Road and Transport Authority, RTA.
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Dubai Land Department develops Mashrooi in partnership with Emaar Properties
Dubai Land Department (DLD) has developed an interactive application that helps investors and developers track the progress of all real estate development projects in the emirate.
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Would you ever consider paying this much as annual rent in any country?
Many of us in Dubai are here for employment or short-term business, and while most people try to save their money here to return home for luxurious retirement, some live a king-size life in Dubai. We scoured the property website, LuxHabitat, to find the asking prices for ultimate luxury rentals in Dubai. All amounts mentioned are annual rent figures.
Continue reading “5 most expensive homes for rent in Dubai in 2017”
Dubai-based ultra-luxury property developer, Forum Group, has announced it is on course to complete its first residential project, XXII Carat, on time, with a number of villas due to be completed ahead of schedule.
Continue reading “1.3bn ultra-luxury Palm Jumeirah mega project nearing completion”
The freezone’s new development will span over a 10 million square feet area
DMCC, the free zone and master developer of Dubai’s Jumeirah Lakes Towers, plans to develop a new business and residential district that will stretch over an area exceeding 10 million square feet.
Continue reading “DMCC to develop a new mixed-use district adjacent to JLT”
Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum attended La Perle, the new show produced and created by one of the world’s most revered cultural artistic directors.
Continue reading “Mohammed bin Rashid attends ‘La Perle’ show at Al Habtoor City”
Alternative real estate assets are rising in popularity owing to their higher returns
Alternative property assets have been firmly ensconced in the European real estate mainstream for the past 15 years and they have been proven to contribute more than 25 per cent of investment activity, according to a Savills report. As investors are starting to look past the conventional office, retail or industrial property as investment opportunities, alternative real estate assets are rising in popularity owing to their higher returns.
Continue reading “Education, healthcare assets are a golden mine for investors”