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Dubai has the second-highest number of prime properties in the world

A recent report by Knight Frank has revealed that Dubai has the second-highest number of prime properties in the world. While London tops the list with 68,189 prime homes, Dubai has 42,356 units. Sydney (27,436), Hong Kong (21,285), and Singapore (10,416) followed. Dubai is also home to 536 millionaires with a net worth of more […]

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Abu Dhabi real estate transaction value increases y-on-y

The value of real estate transactions in Abu Dhabi totalled AED74 billion in 2020. This is according to a report by the Department of Municipalities and Transport. This is up 28% compared with the previous year, which recorded a value of AED58 billion. The emirate executed a total of 19,000 transactions in 2019. Meanwhile, the […]

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DLD completes 1.4 million digital services in 2020

Dubai Land Department (DLD) has completed over 1.4 million digital services for its customers during 2020. The services were carried out through its website and other smart channels. The digital services initiative is part of the Smart Dubai vision. HE Sultan Butti bin Mejren, Director-General of DLD, said DLD seeks to position Dubai as the […]

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