Buoyancy returns to Dubai realty

In March, with a rise of 1.3 per cent to Dh873 per sqft, realty prices have recorded the first year-on-year increase since February 2015. — File photo Transactions during March were at a 10-year high as strong market growth continued, Property Monitor monthly market report said The Dubai property market continued to strengthen in Q1 2021 to record the first yearly price increases...

Residential real estate sales in Dubai for Q1 hit highest levels since 2010

The first three months of the year witnessed the highest recorded number of home sales transactions in Dubai since 2010, according to the latest Q1 real estate market report from Valustrat. As the emirate’s real estate industry continues to recover from the twin shocks of a legacy glut in supply and the coronavirus pandemic, the city saw sales of more than 6,000 ready homes in the first quarter, worth...

Samana Developers launches Dh100m wellness project in Dubai Studio City

UAE-based Samana Developers launched a Dh100 million residential wellness project in Dubai Studio City. Courtesy: UAE-based Samana Developers said it broke ground on Tuesday on a Dh100 million (Dh27.2m) wellness-themed residential project in Dubai’s Studio City. The Golf Avenue project, which spans more than 210,000 square feet, will house 233 apartments. “The project has...

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