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DUBAI REAL ESTATE MARKET NEWS

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Majid Al Futteim

Majid Al Futtaim ready for Dubai

The exponential growth of Dubai has left so many in awe of the prosperity that lies ahead in the U.A.E. Just a few months back, Alain Bejjani, Chief Executive of Majid Al Futtaim, a key developer in the region, announced the company's aim to set in place DH30 billion of investments before Dubai's Expo 2020.  With projects commencing in the next year, the Dubai based group plans to open 10 new City Centre Malls, including 6 hotels, an abundance of Carrefour...

Belgravia 2, Ellington Off-plan.ae

Belgravia 2 by Ellington in JVC

One of Dubai’s newest developers, Ellington, has established itself as a leading and very prosperous force to be reckoned with in the Emirate. Founded in 2014, Ellington is currently developing projects throughout the city including Downtown Dubai, Palm Jumeirah, Jumeirah Village Circle and Emirates Hills. Managing directors of the firm, Joseph Thomas and Robert Booth, both have numerous years of specialized experience in real estate, including Booths previous position as the CEO of Emaar’s North American Region as well as its...

Alef Residences on Palm Jumeirah serviced by W

Alef Residences on Palm Jumeirah Serviced by W

The remarkable growth of Dubai has left us in awe of the endless potential that exists in architecture, infrastructure and design in the Emirate. The Alef Residences Palm Jumeirah is proof that an amazing vision can be translated into reality as the luxurious project is due to be exclusively handed over to VIP clients in Quarter 2 of 2017. Its name, translating to the first letter of the Arabic alphabet, The Alef, which means “first and foremost,” holds relevance to the potential and possibility...

Studio One – Pre Launch Success

Upon announcing the release of the 31 storey Studio One Tower in Dubai Marina,  Select Group found huge success in sales to pre existing clients two days prior to the official launch of the project. "We’ve got a large database of customers who primarily buy Dubai Marina product. We’ve gone to the database and to our preferred agent network on Saturday, and we’ve done 65 per cent sales within 48 hours. We’ve had an astounding response."  Rahail Aslam As its name implies, a...

Dubai Real Estate

Russian Investors return to Dubai Real Estate Market

In January 2016 when the Rouble compared to the Dirham was at a ultimate low, investors slowed down in the Dubai Real Estate market. However the Russian investors are back, and according to propertytrader.ae July has seen a significant rise in overseas enquires for Dubai real estate. Russian investors have been key players in the market for the past year, always being one of the top six countries to invest in the United Arab Emirates, especially purchasing in high end communities...