dubai property news 2023 / 2022
Dubai real estate market news, The real estate. market in the UAE is no less important than other global markets. It is receiving great attention from investors from all over the world, due to the achievements it has achieved over many years, and the exceptional investment.
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| dubai property news 2023 / 2022 |
and residential opportunities it offers to all, in addition to the rapid development and the continuous and remarkable changes it is witnessing at all times, which positively affects the supply and demand operations. in the real estate market. in the UAE. At dubai investing real estate blog.
at the end of each month, we provide the latest real estate developments and news that the country has witnessed. In this article, we highlight the real estate market news in September 2022 to provide you with the most prominent developments this month witnessed on the real estate front in Dubai.
The real estate market in the UAE is one of the most prominent, stable, and growing real estate markets in the world. Next, see the latest real estate news for the month of September 2022.
Signing an agreement between Aqar Company and Energy Solutions Company
On September 6, Aqar Community Management Company and Energy Solutions signed an agreement of understanding to activate the project to save energy and use environmentally friendly alternatives.
and implement the first phase in Falcon Towers in Ajman, which will contribute to saving the cost of electricity consumption by 38% annually, and it is worth noting that His Highness Sheikh Rashid bin Humaid Al Nuaimi, Chairman of the Municipality.
and Planning Department in Ajman, and Chairman of the Board of Directors of the Ajman Real Estate Corporation Agar "may God protect him" attended the agreement and signed it on behalf of Aqar.
Aldar Properties' acquisition of Spark Security Services
Aldar Properties, one of the most prominent real estate developers in Abu Dhabi, announced its complete acquisition of Spark Security Services, which specializes in providing security services.
and solutions in the UAE, for 125 million dirhams, expanding the scope of its platform dedicated to managing integrated assets and facilities. Spark Security Services Company provides a variety of security services and solutions to a wide range of large institutions and companies.
and has succeeded in securing a number of prominent events and events in the country, including the Abu Dhabi Formula 1 Grand Prix, Red Bull Air Race, Qasr Al Hosn Festival, Special Olympics World Games Abu Dhabi 2019, and others.
8.9 billion dirhams, the value of real estate transactions in Dubai within a week
In the latest real estate news in Dubai for the month of September 2022, we move to the data issued by the Dubai Land Department, specifically the real estate transactions achieved by the emirate during.
one week in the month of September, which amounted to 8.9 billion dirhams. UAE, including 227 pledges of allegiance to lands worth 4.35 billion dirhams, in addition to 1,560 pledges of allegiance to apartments and villas worth 3.44 billion dirhams.
The most important land sales amounted to 988 million dirhams in the Airport City area, followed by a pledge of 259 million dirhams in the Al Yafra 1 area, while sales of apartments and villas were the most important at a value of 90 million dirhams in the fourth Al Thanyah area, followed by a pledge of 83 million dirhams In Palm Jumeirah.
Mortgages amounted to AED 930.7 million, of which 78 mortgages of land amounted to AED 358.22 million, in addition to AED 572.47 million of mortgages for apartments and villas, which amounted to 298 mortgages, in addition to the registration of 145 donations worth AED 205.3 million.
2,409 real estate transactions worth 2 billion dirhams were registered in Sharjah in August
The monthly report issued by the Real Estate Registration Department in Sharjah revealed the total transactions during August 2022, which amounted to 2,409 transactions distributed over 98 different areas in Sharjah; Of them, 747 sales transactions, 303 mortgage transactions.
in addition to 1,359 other transactions. According to the report, the percentage of sales transactions was 31%, and the percentage of mortgage transactions was 12.6%, while other transactions achieved a rate of 56.4%. The cash trading volume last August amounted to 2 billion UAE dirhams.
Dirham Real Estate Exhibition opens in Dubai
Under the patronage of His Highness Sheikh Hasher bin Maktoum bin Juma Al Maktoum, Chairman of Dubai Media Incorporated, the Dirham Real Estate Exhibition was opened and concluded on September 5. Easy for all exhibitors, in addition to providing opportunities for developers, investors, owners, and real estate professionals under one roof.
Dirham Real Estate Exhibition focuses on the best investment opportunities in the real estate sector, as it is a reliable platform for both partners and investors to organize effective meetings and provide a local and international marketing campaign.
Ajman Land Department news
Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of the Real Estate Registration Department in Ajman, received the certificate of conformity to the international standard in the human resources governance management system.
His Highness expressed that the department’s obtaining this certificate confirms the commitment to applying the best practices and procedures related to human resources governance in order to enhance the work environment and build a successful system developed based on transparency and justice, supports creativity and employs innovation in all aspects of government work.
The Ajman Department also launched the smart follow-up project for real estate projects, to carry out aerial surveys and follow up on the progress of real estate development projects in Ajman using drones, which ensures the accuracy and speed of follow-up and periodic evaluation of projects, and this adoption of the latest methods of work and technology shows the modernity of this department.
The Ajman Land Department is also seeking to develop a methodology to anticipate the real estate future of Ajman, based on modern tools and methods emanating from the UAE's strategy to foresee the future, which aims to build a country with a proactive, successful, and sustainable.
New projects around the Emirates
We start with our talk about new projects around the Emirates in the capital Abu Dhabi, as Imkan Real Estate Company, a subsidiary of the Abu Dhabi Capital Group, announced its plan to launch a group of new projects ahead of schedule during the current year in light of the strong growth and increasing demand in the real estate market in the UAE. New projects will be announced in Shelf and Makers District.
The Dubai Investment Group also launched the Dana Bay project with an investment value of 1 billion dirhams on Al Marjan Island in Ras Al Khaimah. The Dana Bay project extends over an area of approximately 90,000 square meters.
It includes luxury residential units overlooking the waterfront and hotel resorts and will be serviced by dedicated facilities, including shops, cafes, and restaurants.
We move to the Emirate of Sharjah and the news it has about new real estate projects, as the delivery of the first phase of housing units in the sustainable city of Sharjah, which is the first sustainable residential complex in the Emirate of Sharjah developed by Shurooq or as it is known as the Sharjah Investment and Development Authority in cooperation with a company, has begun.
Diamond Developers for real estate development, and this announcement coincides with the preparations to launch sales operations for the third phase of the project, after approaching the sale of all residential units in the previous two phases.
ASAS Real Estate Company, the real estate arm of the Bank of Sharjah, announced the approaching completion of the Basateen Al Zubair lands project in Sharjah, with remarkable progress in the progress of land settlement work, which is expected to be completed before the end of this year.
With this, we have reached the end of the most important real estate market news in September 2022 in the United Arab Emirates. If you want to learn more about real estate news in the UAE, we advise you to browse the Dubai real estate news section in the dubai investing real estate blog, which includes detailed studies on the state of the real estate market in various regions of the country. We hope that we have saved you the trouble of searching, and if you have any questions, we are happy to help you in any way possible by leaving a comment in the comments section at the bottom of the page.
Writing and publishing a real estate investment in Dubai website
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