Real Estate

  Dubai / Gulf Time The cosmopolitan city of Dubai which is synonymous with the plush shopping malls, penthouses and real estate activity is fast returning to normal. The operations which had taken a back seat due to the Covid-19 pandemic are gaining momentum. As per the figures issued by Dubai Land Department (DLD), Dubai real estate market recorded 368 ...

  DUBAI / WAM The real estate and properties transactions valued at AED13.4 billion in total during the week ending 11 March 2022, according to the Dubai Land Department (DLD). The weekly DLD report said the sum of transactions was 2,333. 245 plots were sold for AED2.09 billion, 1,542 apartments and villas were sold for AED3.29 billion. The top three ...

  Bloomberg London property is back in vogue as a return to the office fuels demand for homes in the UK capital. That’s according to Rightmove Plc, which said in a report on Monday that buyer enquiries and asking prices both rose sharply this month. The jump represents a turnaround for the London property market, which underperformed other parts of ...

  Sharjah / WAM The Sharjah Real Estate Registration Department (RERD) announced that during 2021, the real estate trading volume in the emirate of Sharjah recorded the highest value in four years. The department’s annual report revealed that the volume of real estate transactions in the emirate amounted to a total of AED26.2 billion last year. Abdul Aziz Ahmed Al ...

  Bloomberg UK house prices rise at the slowest pace in more than six months in January after a bumper end to 2021 left the average value of a home at a record high. Prices rise just 0.3% following four months of gains above 1%, mortgage lender Halifax said on Monday. In a sign of a more normal market, the ...

  RAS AL KHAIMAH / WAM Aldar Properties (Aldar), through its Aldar Investment business, has made its first investment in Ras Al Khaimah, acquiring the 27,000 square metre Al Hamra Mall developed by Al Hamra, a Ras Al Khaimah based real estate development and investment company, for a total consideration of AED410 million. The transaction adds further scale and diversification ...

  Dubai / WAM 2021 witnessed an exceptional performance for Dubai’s real estate market, supported by the results and numbers in December, whether in terms of real estate sales transactions, or the monthly index numbers. December 2021 witnessed the registration of 5,601 sales transactions worth AED15.68 billion, resulting in over 84,196 total transactions in 2021 worth AED 300 billion, which ...

  Dubai / WAM Master developer Nakheel is kicking off the new year with the launch of Tilal Al Furjan, a new collection of 220 luxury four-and five- bedroom villas overlooking the Al Furjan master community. With spacious interiors, high quality finishing, floor to ceiling windows and an emphasis on environmental sustainability, the homes occupy an elevated position above Al ...

  Bloomberg New York City is factoring in an 8.2% increase in property values for next fiscal year, bolstered by demand for single-family homes, co-ops and condos. The city set a value of about $1.4 trillion for its more than one million properties for the fiscal year beginning in July, according to a tentative assessment roll released by the Department ...

  Bloomberg US home sales in December had their biggest plunge since the early months of the Covid-19 lockdowns as listings sank to record lows. Transactions fall 11% from a year earlier, the biggest annual decline since June 2020, according to a report by Redfin Corp. Demand is still fierce, but what’s holding back deals is a lack of inventory: ...