Earlier this week, Dubai unveiled an ambitious master plan to transform real estate, education, and transport services. The real estate strategy aims to increase the value of Dubai’s real estate transactions to…
Tag: plot
A 59.6m square feet Dubai plot fetches record Dh3.58 billion
Over the past few years, Dubai real estate sector witnessed a steep growth trajectory, achieving record setting sales of plots. In 2023, the sector had Dh411.7 billion in sales, marking a 55 per cent…
Arada expands further into Dubai property market with Dh600 million plot purchase
Positioned between DIFC and Downtown Dubai, the land plot is close to Index Tower and Central Park Towers. The developer said that design work on Arada’s high-end residential project next to DIFC…
Developer MAG decides not to build in Business Bay, sells plot for Dh365m
Dubai: The Dubai developer MAG has cashed out on its plot in Business Bay, thus netting a chunky Dh365 million from the sale. The deal comes as plot values at all of…
Palm Jumeirah plot sale fetches a handsome Dh940 million
Dubai: A land transaction valued at Dh940 million was completed on the Palm Jumeirah area, as part of the Royal Amwaj project. The plot spans 261,712 square feet, setting the price per…