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DAMAC Properties keen on its Foreign Projects to boost its sales

DAMAC Properties keen on its Foreign Projects to boost its sales

Dubai’s Master developers DAMAC Properties is looking to add more revenue to its sales by launching DAMAC International building- a super high rise in London.  DAMAC Properties has raised its stake in this regard from 20% to 45%. It also announced on the possibility of launching more projects in UK. A board meeting on Sunday […]

Dubai’s Real Estate Sector Produces 7-years High Monthly Deals

Dubai’s Real Estate Sector Produces 7-years High Monthly Deals

According to Data Finder, Dubai residential sector recorded 3814 transactions worth Dh7.43 billion in January 2021. The month of February also saw the highest number of ready properties transacted in a single month since March 2014. Diving more into the February’s property-outlook, transactions were 15.6% more than the previous month volume-wise and 10.2% more in […]

Dubai Reveals its new Master Construction Plan for 2040

Dubai Reveals its new Master Construction Plan for 2040

Dubai reveals its master construction plan for 2040 which presents the city’s outlook for 2040.i.e, how will Dubai look like in 2040. The plan showcases various projects like; increasing the space for public beaches by 400% and reserving the 60% of Dubai’s land for nature’s reserves. Urban areas will also get a revamp and there […]

Demand for Dubai’s Luxury Properties will continue to be high in 2021

Demand for Dubai’s Luxury Properties will continue to be high in 2021

Demand for Dubai’s Luxury Properties will continue to be high in 2021- The Knight Frank Analysis According to London’s famous residential and property consultancy, Knight Frank, ass surprising analysis revealed that nearly a one-third of Middle-East-Based-ultra-high-net-individuals plan to buy a new luxury home in Dubai in 2021. Such high demand in property purchase is usually […]