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Dubai property transactions at 7-year high, trend set to continue in 2021

Dubai s real estate witnessed massive activity at the beginning of the year as secondary/ready properties transactions jumped to nearly seven-year high and this trend of increased transactions will continue in the coming months, according to official and industry executives.

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Dubai to get new waterfront shopping destination

(MENAFN - Khaleej Times) A new, waterfront shopping destination is all set to open in Dubai s Deira Islands . Nakheel Malls will open Souk Al Marfa in April 2021 in partnership with DP World. Stretching 1.9km along the waterfront, Souk Al Marfa is in close proximity with Mina Rashid, Mina Al Hamriya and Deira Wharfage. It can ship and import directly to its 2,500 shops and pavilions. The retail and trading hub will operate seven days a week and 365 days a year. UAE citizens, residents and tourists are welcome to visit and enjoy a diverse, large-scale shopping destination , the Government of Dubai Media Office said in a Press note.

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