DAMAC has reported losses of 931.3 million dirhams ($253.57 million) for the first nine months of the year.
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Overall in October 1013 villa/townhouses were transferred in both the off-plan and secondary market
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The developer reported property sales of $1.182bln in the nine-month period
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ValuStrat says average 0.7% fall in residential values in October is the lowest seen since June 2019
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Plans already in place to double the size of UNA project at Town Square development
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The state-of-the-art development will boast a 1,100 berth marina, helipad, shops, restaurants, hotels and much more…
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A total of 44 plots were sold for $48.08mln, 854 apartments and villas were sold for $405mln
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The UAE emerged among the top five countries as an investment destination for investors from the Indian Subcontinent, Europe and the Middle East.
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Once completed, the 53-storey tower will stand at 246 metres high and house 1,218 units.
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The emirate’s real estate sector has witnessed signs of a rebound in the wake of easing Covid-19 restrictions
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Of the deals being struck, more than 10,000 involved first-time buyers
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The total volume of transactions in the prime residential market climbed 49% QoQ to $2bn (AED7.4bn) in Q3 2020
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