Renovation work on the tower is expected to be completed by the end of 2026
The deal includes the sale of about one million square meters of land under the freehold system
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Real estate and market outlook amid economic crises
Dubai ready-made real estate sales amounted to about 6.37 billion dirhams
Mortgages recorded 794 transactions
About 70% of apartment searches are concentrated in one- or two-room units
The strong performance reflects investor and business confidence in
The deal reflects investor confidence in the UAE real estate market.
The highest sales value was recorded among the real estate development projects in "Golf Estate" at 2.75 million dirhams
Mortgages recorded 382 transactions, worth AED 1.1 billion
UAE markets witness rising demand for sustainable construction supplies
Real estate market sales in Dubai jumped by 29.91%
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