Now, its developer Damac has set the entry price tag for townhouses (4-bedroom units with a built-up of 2,208 square feet) from Dh2.25 million. The villas – with 6 bedrooms and built-up…
Category: Property
Pasquale Natuzzi unveils first Natuzzi-branded residential project, Natuzzi Harmony Residences
Pasquale Natuzzi, Executive Chairman of Natuzzi Group, a leader in design and luxury furniture, unveiled the groundbreaking concept behind the first-ever Natuzzi-branded residential project in the world, Natuzzi Harmony Residences in Dubai,…
Saudi Arabia replaces CEO leading development of megacity Neom
Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as Neom. Nadhmi Al Nasr, who had been chief executive officer of Neom since…
Ultra-luxury Dubai villa rents for Dh8.5 million over two years
Dubai: An ultra-luxury, ready-to-move-in Dubai home, has been leased for Dh8.5 million over two years, realtors announced on Tuesday, highlighting the growing demand for premium homes in the Emirate. The 24,000 sq…
Emaar Development posts Dh48 billion property sales in first nine months of 2024
From January to September, Emaar Development reported revenue of Dh12.5 billion ($3.4 billion) and EBITDA of Dh6 billion ($1.6 billion), up 69 per cent and 35 per cent from the same period…
Dubai developers rush offplan launches ahead of any price correction
Dubai: Developers in Dubai are in a rush to launch their latest projects or release more offplan units at their existing ones – but this time it’s not just about trying to…
In Dubai, property portals must no longer show 'unit numbers' under new Land Department rule
Such data reveal also meant ownership of those properties was also getting placed in the public domain. Now, without being able to use the unit numbers, property portals will adhere to the…
Dubai developer Deyaar posts Dh348.8 million profit before tax for first 9 months
Earnings per share reached 7.51 fills in the year to date, September 2024, a 38% y-o-y increase from 5.43 fills in the same period in 2023. In addition, revenue for Q3 2024…
Bahrain builds 3,000 residential units at Madinat Khalifa
Dubai: Bahrain’s ministry of housing and urban planning has revealed plans to develop up to 3,000 residential units and apartments, along with infrastructure, across a 1.6 million square metre area in Madinat…
Imtiaz Developments launches Cove Edition 2 in Dubailand
Cove Edition 2 Residence reflects Imtiaz Developments’ signature modern architecture, world-class amenities, and lifestyle-driven design. The project offers fully furnished studios, as well as one- and two-bedroom apartments, catering to families, young…