Diyar Al Muharraq, a leading urban development company in Bahrain, said more than 50 per cent of the plots in the second phase of its 'Al Qamra Freehold Residential Project' were sold on the opening day of the project sales in Manama.
The UAE emirate of Dubai has made available new plots of land in Dubai World Central for foreigners to purchase under a decision by HH Shaikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai.
Bahrain-based real estate firm Impact Estate said it has been commissioned by leading developer Burooj Real Estate to manage the sales of its new residential project - Ivory Tower.
It is located off Prince Khalifa Bin Salman Cause
Some of the freehold properties in Dubai - such as Liwan, IMPZ, Dubai South - have not able to generate much interest among the mid-income groups due to several key reasons such as the high rents, lack of infrastructure and access to metro, said
G&Co, a premium property company, is set to develop Millennium Square, a first-of-its-kind semi-detached freehold luxury villa project, in Dubai, UAE, at an estimated cost of Dh3 billion ($816.6 million).
It will come up at Me
Sweet Homes Holdings (SHH), a leading UAE-based developer, said it has completed the first phase of its Paradise Lakes Towers, a real estate development in Ajman, UAE, and was ready to hand over the units to the residents.
With freehold transactions falling by almost one third in total during the third quarter of the year, Dubai’s off-plan residential sales market is still buoyant and continues to attract regional and international investors, a report said.
With an expanding significance of freehold in Dubai, UAE, land prices will continue to gather momentum, especially towards the build-up for the World Expo 2020, said a report.
As Dubai's real estate market enters its third cyc
The ownership of property in non-free holding areas in Dubai is limited to only UAE and GCC nationals, said a report citing a Dubai Court of Cassation ruling.
The court stressed this after rejecting an appeal of a Pakistani family
Al-Futtaim Group Real Estate (AFGRE) has announced the first release of 24 newly-completed town homes in the third phase of Al Badia Residences at Dubai Festival City (DFC).
DFC is the first creek side, mixed-use waterfront commu