Dubai Land Department

Nakheel awards contracts for Palm Jebel Ali infrastructure works

Palm Jebel Ali Infrastructure Development CommencesNakheel, a leading Dubai property developer under Dubai Holding, has awarded contracts for the construction of critical infrastructure at Palm Jebel Ali. Enhanced Accessibility: DBB Contracting, a prominent UAE civil and marine contractor, will construct a new public access road. Stretching nearly six kilometers, this landscaped route will provide a...

Dubai records 45.11% YoY increase in sales transactions, reaching AED 32bln in value revealed by Property Finder

58% of interested buyers were looking for an apartment, while 42% were searching for villas/townhouses DUBAI, UNITED ARAB EMIRATES: Property Finder, the leading property portal in the MENA region, has revealed its market performance highlights for April 2024, offering valuable insights into the real estate landscape. In April 2024, there was a YoY increase of over 45.11% in recorded sales...

Dubai sees a new property project launched every 18 hours in Q1 2024

120 projects launched in first quarter of 2024 in Dubai, housing 34,000 units Dubai's real estate market has seen a surge in activity in the first quarter of 2024, with both local and international developers launching new projects at a rapid pace. According to Cavendish Maxwell's Property Monitor, preliminary data indicates nearly 30 new off-plan projects were introduced in March alone, adding a...

Dubai to allocate up to 15% quota of property sales to Emirati brokers

The agreement was signed as part of the “Dubai Real Estate Programme” to enable local talent to advance in real estate Dubai Land Department (DLD) on Sunday said it signed a deal with nine private and government-backed developers to allocate a certain quota of their projects to be sold through Emirati brokers to provide more job opportunities to the locals. In a deal signed with Emaar...

DLD marks the strongest performance ever with 1.6 million transactions

Dubai’s real estate deals reached an all-time high of Dhs634b in 2023 The Dubai Land Department (DLD) has achieved an all-time high of 1.6 million transactions across various real estate activities ranging from real estate transactions to rental agreements in 2023. This represents a remarkable growth of 16.9 per cent compared to 2022, which accounted for approximately 1.368 million...

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