Real Estate

  Dubai / WAM A total of 2,704 real estate transactions worth over AED13 billion were conducted during the week ending January 20, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 235 plots were sold for AED1.13 billion, while 1,944 apartments and villas were purchased for AED4.39 billion. The top three transactions were ...

Dubai / WAM Dubai’s real estate sector ended another exceptional year with annual transactions setting new records, marking the sector as a major contributor to the goals of the Dubai Economic Agenda D33 announced recently by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The agenda outlines ambitious ...

  Dubai / WAM Dubai’s annual real estate transactions have crossed the milestone of half a trillion dirhams for the first time in 2022, as the sector witnessed transactions worth a record AED528 billion in 2022, a 76.5 percent increase from 2021. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive ...

  Dubai / WAM A total of 2,790 real estate transactions worth AED9.6 billion were conducted during the week ending December 30, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 179 plots were sold for AED 1.39 billion, while 2,071 apartments and villas were purchased for AED 5.64 billion. The top three transactions ...

  Dubai / WAM A total of 2,926 real estate transactions worth over AED9.1 billion were conducted during the week ending December 23, according to figures released by the Dubai Land Department (DLD). The DLD report revealed that 159 plots were sold for AED877.59 million, while 2,233 apartments and villas were purchased for AED5.44 billion. The top three transactions were ...

  Sharjah / WAM Real estate transactions in the emirate of Sharjah during November increased to AED2.7 billion, compared to a monetary value of real estate transactions of AED1.9 billion the previous month, according to a report issued by the Sharjah Real Estate Registration Department (SRERD). The report indicated that 2,813 real estate transactions were carried out during the period, ...

  Dubai / WAM Dubai real estate market recorded 385 sales transactions worth AED936.65 million, in addition to 98 mortgage deals of AED186.25 million, and 41 gift deals amounting to AED131.82 million on Tuesday, data released by the Dubai’s Land Department (DLD) showed. The sales included 358 villas and apartments worth AED691.86 million, and 27 land plots worth AED244.79 million, ...

  Dubai / WAM A total of 1,600 real estate transactions worth over AED4.8 billion were conducted during the week ending November 30, according to figures released by the Dubai Land Department (DLD). The DLD report revealed that Dubai saw the sale of 176 plots for AED998.19 million, as well as 1,052 apartments and villas for AED 2.32 billion. Jabal ...

  Bloomberg The slump in Hong Kong’s home prices will deepen next year due to the combination of rising borrowing costs, a recession and an exodus of residents, according to Natixis SA. Residential prices are expected to fall 12% in 2023 and 2% the following year, taking the drop from the peak in late 2021 to 25%, Natixis analysts led ...

  Dubai / WAM A total of 2,867 real estate transactions worth over AED15 billion were conducted during the week ending November 25, according to figures released by the Dubai Land Department (DLD). The DLD report revealed that Dubai saw the sale of 313 plots for AED1.57 billion, as well as 1,936 apartments and villas for AED4.48 billion. Al Hebiah ...