Fahid Island launch generates Dh3.5 billion in sales for Aldar

Fahid Beach Residences and The Beach House, the island’s first residential buildings presented during launch week, brought in almost Dh3.5 billion ($953 million) in sales for Aldar Properties, despite the high demand for real estate. A variety of customers were drawn to the houses on Fahid Island. According to a statement released by the developer […]

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Real estate developers from the UAE plan to invest in the US

Following their triumphs in the UAE market, where real estate transactions in Dubai, Abu Dhabi, Sharjah, and Ajman topped Dh893 billion last year, major UAE developers are aiming for the lucrative $110.83 trillion US real estate market. In the UAE’s real estate market, where rental yields range from 7% to 9%, Americans rank among the […]

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Jumeira Islands villa nets Dh46 million ‘record’ deal

A’record’ price for a luxury mansion has been set this time around in Dubai on another island. A ‘Masterview’ mansion in Jumeirah Islands sold for Dh46 million, the most money ever recorded for a property of its sort in the neighborhood. Additionally, according to the brokerage company Allsopp & Allsopp, it “reinforces Jumeirah Islands as […]

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