The Dubai Land Department (DLD) has fined 3 developers in Dubai AED500,000 ($136,100) for promoting and marketing real estate tasks without finishing the required registration tactics for off-plan tasks, according to Law No. 8 of 2007 on Real Estate Development Escrow Accounts.The escrow account is a bank account specific for an actual estate task, where the price range gathered from shoppers of off-plan...
Family offices are fast emerging as the new focal points for attracting and routing high-value investments in Dubai’s real estate sector, providing tailored solutions in sync with the unique goals and values of the ultra-rich, industry insiders said.The increasing tendency is causing the number of foundations and entities affiliated with well-known family companies and individuals at the Dubai...
Denmark, a real estate consultancy in the UAE, has officially launched sales for the Kempinski Marina Residences in Dubai in partnership with ABA Group and Kempinski Group.Prior to its opening, the initiative attracted hundreds of expressions of interest, and in its first 48 hours, revenues topped AED 1 billion.“We are delighted to unveil the luxurious details of Kempinski Marina Residences, Dubai,”...
Dubai's skyline is an array of stunning architectural wonders. And one of them stands out can be The Burj Royale. The iconic home, located within the heart of Downtown Dubai offers the ultimate in luxuriousness and comfort. Who will collect the most when they make Burj Royale home? We'll explore the many advantages this luxurious property offers, ranging from extravagant facilities to investments, and...
Dubai Production City, also known as the International Media Production Zone (IMPZ), is a free zone situated near Sheikh Mohammed bin Zayed Road and Al Khail Road for easy access to commercial hubs like Downtown Dubai and Dubai Marina.Cutting-Edge Technology Covering 43 million square feet, Dubai Production City offers cutting-edge infrastructure such as high-speed internet and advanced telecom services,...
After Emirates Hills, Jumeirah Bay Island, and Palm Jumeirah, elites seeking to settle in Dubai have turned to Jumeirah Islands as a new hunting area.Prime Neighborhood EmergesGlobal real estate consultancy Knight Frank said the Islands recorded more than 10% of all deals valued at over Dh10 million over the past three years, demonstrating that the area can hold its value and become a prime...
The Burj Khalifa is the world's tallest building, often adding value to apartments with views of the skyscraper. However, what is the expense of living in the actual building? Both owning and renting in the Burj Khalifa come with sky-high price tags, alongside the exclusivity of the address.The Burj Khalifa Tower offers various residential units, each with views of the city's skyline. The value of each...
Welcome to Al Thowima Residences where luxury knows no bounds, and every detail has been meticulously planned to offer an extraordinary living experience! Situated at the center of Dubai, they are a luxury and modern living beacon, perfect if you dream of owning a home that blends contemporary design with timeless elegance! This guide explores why these residences have become such sought-after addresses...
Are you prepared to keep on top of the trends with regards to Dubai real estate trends in 2024? Be prepared to investigate the new trends, hot homes, as well as insider advice to make the most of the off-plan investments you make. If you're an experienced purchaser or are a newbie this article is an essential guide to navigate the changing terrain of the Dubai real estate market. So let's get started and...
Living a luxurious life is more than a pipedream: Jumeirah Village Circle (JVC) makes this dream possible! JVC lies within Dubai and boasts tranquil yet contemporary living; making it an ideal setting for some of Dubai's premier off-plan projects that promise both future growth and luxurious lifestyle opportunities. In this article we will investigate these developments further while outlining why each one...
Reportage Properties, a supreme UAE real estate developer, reported signing a contract with Mobica Furniture, a top furniture manufacturer.Strategic PartnershipThe partnership created a new company, IPS Reportage Construction and Development, which will provide state-of-the-art construction and real estate development services.The deal was signed by Mohamed Farouk, Chairman and CEO of Mobica, and Andrea...
Dugasta Properties, a Dubai-based developer, announced a project pipeline a good way to see the developer roll out Dh1.5 billion projects in the next few months. The developer has signed up more than 3,000 real estate agents to boost advertising and sales activities within the coming months.Chairman's AddressDugasta Properties Chairman Tauseef Khan announced in front of industry leaders and real estate...
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