Construction & Real Estate

Dubai off-plan sales remain robust as Q3 transactions hit $25.3bn

The Dubai real estate market recorded 37,429 sales transactions worth AED92.9 billion ($25.3 billion) in Q3 as primary sales from developers continued to outpace resales, and the rental sector remained on track to set an all-time record, said a report, adding Dubai South lead the off-plan sales for seventh consecutive month. ...

Construction & Real Estate

Abu Dhabi residential sales hit $19.2bn in H1 on strong off-plan demand

Abu Dhabi's residential property market continued to expand in H1 with residential sales value nearly tripling from a year earlier to AED70.4 billion ($19.2 billion), driven by strong off-plan demand, said a report, adding the off-plan transactions accounted for 89% of residential sales value....