Lootah Real Estate Development’s fractional ownership platform receives over 3,000 enquiries in 2 months

منصة استثمارية لـ”لوتاه لتطوير العقارات” تتلقى 3,000 استفساراً

Lootah Real Estate Development’s fractional ownership platform receives over 3,000 enquiries in 2 months Surge in interest reflects a robust demand for property investment in the UAE, especially from first-time investors Real Share platform allows local and international investors to invest as low as AED5,000, with annual returns ranging from 6 to 9 per cent* The fractional ownership platform of Lootah Real Estate Development (LRED), one of the region’s most prominent real estate developers, has received over 3,000 enquiries since its launch in December, indicating a robust demand for property…

AHEAD OF LIVE EVENT AT EXPO2020

CITYSCAPE GLOBAL HOSTS VIRTUAL INVESTOR SUMMITS TO HELP SECTOR RESURGENCE Virtual Investor Summits to share insights and knowledge with investors on key market trends and opportunities New hybrid event model to host month-long digital platform for lead generation and conversion, creating a ‘browsing to buying’ investor journey Dubai, UAE, 3 March 2021: Cityscape Global organiser Informa Markets has unveiled an exciting new format for Cityscape Global 2021. This meeting of minds for the real estate industry is made up of a series of virtual investor intelligence summits, online seminars and…

Lootah Real Estate Development reveals top 7 drivers of UAE real estate’s recovery in 2021

Lootah Real Estate Development reveals top 7 drivers of UAE

The UAE is projected to see a V-shaped recovery from the impact of COVID-19, gauging from the notable pick up in trade and tourism sectors and the renewed positive sentiments brought about by historic immigration rules and peace deals spearheaded by the country LRED’s Industry Insights Report underlined UAE’s series of historical immigration rules, game-changing regulatory amendments, Expo 2020 developments and higher appetite from Dubai renters to become homeowners will significantly fuel the recovery and growth of the country’s property market The leading global position of the UAE in key…

Azizi Developments registers record sales in December 2020

عزيزي للتطوير العقاري تعلن عن تسجيل مبيعات قياسية في ديسمبر

Azizi’s December sales made up over 5% of the total sales in 2020 Azizi’s Riviera made up nearly 70%, Al Furjan approximately 20%, the soon-to-be-handed-over Mina on Palm Jumeirah over 5%, and Creek Views I and II in Dubai Healthcare City the remaining 5% of the December sales   Defying the overall sluggish sentiment of the global real estate market due to coronavirus-induced challenges, Azizi Developments, a leading private developer in the UAE, has announced record sales for the last month of 2020. While many global industry players struggled during these…

AED 1.39 billion worth of contracts awarded by Empower in 2020 23% increase from last year

AED 1.39 billion worth of contracts awarded by Empower in 2020

 Over 2020, Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider has awarded contracts worth of AED1.39 billion, to cover the construction of new districts cooling plants and the expansion of its district cooling networks. Other contracts were concluded on energy transmission stations, thermal energy storage (TES) systems, procurement of pre-insulated pipes and meters, implementation of artificial intelligence, billing system expansion, capacity enhancement of data storage and other relevant businesses like consultation services, designing and many others, Compared to last year, the company has increased the…

proactive analysis that envisions the future of real estate sector

proactive analysis that envisions the future of real estate sector

Ongoing competition & changes in profit rates call for more effective expenditure management & sustainability of operations, says Medallion Associates Masood Al Awar: “Technological innovations & specialized experience key pillars of real estate sector in 2021” Post-COVID trends & directions include innovative operations management along with enhanced added value of services & products at lowest possible cost The implications of the current global circumstances will lead to radical changes in the real estate sector on the long run, as is the case with various sectors, finds Medallion Associates, a leading…

 Win a trip to Dubai and a round of golf at the world-class Trump International Golf Club

Golf In Dubai Initiative aims to position Dubai as a top Golf destination globally Dubai has top-notch golfing assets, hospitality facilities and infrastructure to support compelling value proposition for golf tourists Trump International Golf Course in DAMAC Hills is an increasingly popular course for the world’s top amateur players Dubai, UAE — 22 December 2020: Golf in Dubai are offering a lucky winner and their guest the opportunity to fly to Dubai and experience the world’s premier golf destination and a chance to play a round of golf at the…

DAMAC Properties teams up with ADIB to offer attractive home finance plan

داماك العقارية تعلن خطة تمويل جذابة

Plan offers 1.99% finance on villas and apartments Customers can benefit from waivers on evaluation charges and processing fees Offer comes as Dubai records a surge in first-time home buyers Dubai, UAE — 16 December 2020: As demand for ready and off-plan villas increases in Dubai, DAMAC Properties has announced a home finance plan in partnership with Abu Dhabi Islamic Bank (ADIB). The plan offers a finance with a rate of 1.99% per annum for DAMAC villas. Property buyers and rental customers can also benefit from waivers on evaluation charges…

Lootah launches Real Share,

لوتاه لتطوير العقارات تطلق “ريل شير”

 a real-estate investment platform that allows ‘fractional ownership’ of properties for as low as AED5,000 Whilst real estate is a superior kind of investment because of its tangible asset, passive income stream, and the potential for substantial appreciation, a lot of people find it difficult to invest in the property market because of the substantial amount of money that they have to put down for a deposit. Real Share makes real estate investment accessible to all investors, especially first- and small-time investors who wish to earn from rental income remotely…

‘Real estate developers must invest in technology’ says Devmark Group

ديفمارك تشدد على أهمية استثمار المطورين العقاريين في التكنولوجيا

During a panel discussion at the Cityscape Real Estate Summit representatives from Devmark, ThinkLab and eiight underscored the importance of UAE developers bridging the technology gap in the real estate industry  Dubai, United Arab Emirates, 18th November 2020: Devmark Group, the recently expanded UAE-based multi-disciplinary real estate organisation, has highlighted the importance of embracing new technology in the real estate industry as a critical element for survival in 2021. During the panel discussion ‘Why developers need to adapt to technology to stay relevant in 2021’ Sean McCauley, CEO, Devmark Group,…