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Deyaar sees 'great response' to new Dubai residential project

Sep 12 ,2014, city : Dubai

Deyaar Development has said it has concluded the sale of residential units in Tower 1 of its new Montrose project in Dubai. The developer said the majority of units sold at an average of AED1.166 per sq ft and are set to be delivered by December 2016. Buoyed by the immediate uptake of residential units in tower-1, Deyaar said it wil... More..

Park Investments Launches New Dhs270m Villa Project In Jumeirah Village Circle

Sep 11 ,2014, city : Dubai

Park Investments, a newly formed real estate investment firm in the UAE, has launched Park Villas, a residential project worth Dhs270 million in Jumeirah Village Circle. The residential development spans a total area of 365,000 square feet and will comprise 93 four bedroom villas spread across two floors and equipped with a personal eleva... More..

Pace of Dubai realty growth slackens, but more 'sustainable'

Sep 10 ,2014, city : Dubai

Dubai: With the pace of growth in property values recording another decline in the second quarter, Dubai’s real estate dynamic could be back into a more “sustainable” mode. According to Colliers International’s latest quarterly update on the local property market, value gains were limited to 3 per cent compared with the first quarter.... More..