Archive for January, 2019

Dubai News: UAE developer Lootah hands over Dubai residential project

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UAE-based Lootah Real Estate Development has announced the on-time completion and handover of its latest residential project in Jumeirah Village Circle. The announcement came during the handover ceremony for The Waves which was attended by Lootah’s top management officials and key stakeholders. The Waves offers a total of 135 units including studios, one bedroom, two[…]

Why traded volumes in Dubai stocks are languishing

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The Dubai index has been falling ever since it hit a record high of more than 5.400 in 2014, and increasingly traders have turned indifferent towards the local stocks, shifting their attention to other regional or international stories in the region. Traded volume has also seen a declining trend, falling from a total of 115[…]

Dubai News | News Centre

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Saturday, January 26, 2019 Dubai Land Department (DLD) signed three memorandums of understanding (MoUs) during its participation as strategic partner of the Egypt Mega Property Show, held recently in Cairo with the aim of promoting urban development between the two countries to encourage investment and real estate promotion as well as enhancing confidence in the[…]

Dubai prime property sales fall 11% to $10.6bn in 2018

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Sales in Dubai’s prime residential market totalled AED39 billion ($10.6 billion) in 2018, about 11 percent lower than the previous year, according to new analysis by Luxhabitat. The UAE luxury real estate firm said the top three areas in terms of sales volume were Business Bay (AED6.9 billion), MBR City (AED6.3 billion) and Downtown Dubai[…]

This is Dubai’s first twin-tower launch of 2019

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Dubai: Dubai’s property market has got its first twin-tower launch of 2019 – a 28-storey, 150-metre high project in Mohammad Bin Rashid Al Maktoum City, near Meydan district. It will be built by Sobha Realty and within the Sobha Hartland cluster, which until now was more about villas and low-rise apartment buildings. Source link