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Dubai realty transactions cross Dhs4.3 billion mark
18 Jan 2021
The real estate and properties transactions valued at Dhs4.3 billion in total during last week in Dubai. According to the Department of Land and Property in Dubai, 109 plots were sold for Dhs438.22 million, 1,035 apartments and villas were sold for Dhs1.66 billion.
The top three transactions were a land in Palm Jumeirah sold for Dhs38 million, followed by a land that was sold for Dhs35 million in Island 2, and a land sold for Dhs38 million in Palm Jumeirah in third place.
Nad Al Shiba Third recorded the most transactions for this week by 27 sales transactions worth Dhs66.29 million, followed by Al Hebiah Fourth with 20 sales transactions worth Dhs45.5 million, and Nad Al Shiba First with 18 sales transactions worth Dhs36 million in third place.
Reportage Properties is developing 10 projects that provide about 4,000 units in the UAE
Dubai: Reportage Properties, the UAE leading developer has launched a special offer that provides buyers with the opportunity to purchase residential units in all of its projects in Abu Dhabi and Dubai, without down payment, only 1% monthly payment during the implementation period, with the advantage of a 5% discount. Reportage Properties is developing 10 projects that provide about 4,000 housing units within the most prestigious investment sites in Abu Dhabi and Dubai. Islam Ahmad Suleiman, CEO, Reportage Properties Image Credit: Supplied
The company also recently revealed a new project that will be developed on Yas Island. “We started the year 2021 by making a distinguished offer, which includes (zero down payment, in addition to paying 1% per month during the implementation period, provided that the remaining amount is paid upon handing-over, without any payments
Reportage Properties said work is currently under way on 10 key projects in the country of which six are in Abu Dhabi and four in Dubai. On completion, it will add about 4,000 new housing units into the UAE real estate market.