Archive for February, 2021

Page Not Found | ZAWYA MENA Edition

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Dubai real estate transactions at 7-year high, trend expected to continue in 2021 – News

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In total, 3,300 sales transactions worth 6.74 billion dirhams were recorded in January 2021 Dubai real estate saw massive activity at the start of the year as secondary / ready-made property transactions hit a nearly seven-year high and this trend of increasing transactions will continue in the coming months, according to official and industry leaders.[…]

Emirates News Agency – AED4.9 billion of weeklong real estate transactions in Dubai

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Thu 18-02-2021 19:24 PM DUBAI, 18th February, 2021 (WAM) — A total of 1,277 real estate and property transactions valued at AED4.9 billion were registered during the week ending 18th February, 2021. Eighty plots were sold for AED417.81 million, while 776 apartments and villas were sold for AED1.23 billion. The top three transactions were land[…]

Citymax Hotels’ first 4-star property opens in Downtown Dubai – Hotel News ME

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Citymax Hotels, the group’s award-winning mid-market brand, has launched its first 4-star property. Citymax Hotel Business Bay boasts 348 spacious rooms and suites, including queen beds, twin beds, interconnecting family rooms, executive rooms, suites and wheelchair-accessible rooms. Each room features free WiFi, a workstation with Bluetooth connectivity, a sleeper sofa, complimentary amenities and a 10-inch luxury[…]

Emirati youth’s ‘smart investment’ driving UAE property sector

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UAE’s real estate sector is witnessing a major turnout by Emirati youth as a forethought and smart investment that secures their future and preserves their savings, especially in new strategic projects that meet their ambitions and provide them with the necessary amenities to lead a productive and sustainable lifestyle.   On that account, Joya Blanca, a[…]