Real Estate

  Bloomberg Falling values are the latest headache for landlords in Europe who need to refinance their debt. It’s a problem for their lenders too. There’s a gap of €51 billion ($55 billion) between the amount owed by commercial property owners across Germany, France and the UK and the credit likely to be available for refinancing when the borrowings mature, ...

  Dubai / WAM A total of 2,786 real estate transactions worth over AED8.4 billion were conducted during the week ending January 27, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 285 plots were sold for AED1.7 billion, while 2,043 apartments and villas were purchased for AED4.43 billion. The top three transactions were ...

  Bloomberg A record share of Londoners are shunning property portals and opting to sell their homes on their own terms — which are increasingly negotiated over WhatsApp. Almost a quarter of London homes were sold off-market in the final three months of last year, according to broker Hamptons International. That’s more than double compared to the same period of ...

  Dubai / WAM The Dubai Land Department (DLD) has issued a total of 9,047 real estate permits and 6,479 real estate licences in 2022, showing a growth of 46.6 percent and 53 percent respectively from the previous year. The high demand from real estate investors is attributed to Dubai’s strong growth outlook and potential for high returns in the ...

  Dubai / WAM Dubai real estate market recorded 520 sales transactions worth AED1.22 billion, in addition to 72 mortgage deals of AED216.8 million, and 15 gift deals amounting to AED98.13 million on Tuesday, data released by Dubai’s Land Department (DLD) showed. The sales included 440 villas and apartments worth AED902.79 million, and 80 land plots worth AED321.11 million. The ...

  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 ...