January 2023

Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, today announced plans to handover the Mesk and Noor Residential Districts – the Phase 3 and 4 of its award-winning Midtown master development in Dubai. The Mesk and Noor Districts comprise over 900 residential units, including studio, one-, two- and three-bedroom apartments. The Mesk District handover will commence on February 14, 2023, ahead of its scheduled handover timeline, and move-in for residents will be permitted effective mid-February. The Noor District will be handed over as per schedule by the end of June 2023. With this, Deyaar will

Dubai's annual real estate transactions have crossed the milestone of half a trillion dirhams for the first time in 2022, as the sector witnessed transactions worth a record AED528 billion in 2022, a 76.5 percent increase from 2021. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said, "The exceptional performance of the real estate sector reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai one of the world’s top three cities. The results also support the

Developers in Dubai are not wasting any time in offering more super-luxury homes to investors – MAG has just released four of them each at a whopping Dh200 million. They are part of the 12 mansions making up The Ritz-Carlton Residences on the Dubai Creekside. The latest four homes span up to 48,000 square feet of built-up area, with underground parking for up to eight vehicles. Each home also has a private mooring for up to 120-foot yachts. The first eight mansions had a price tag of Dh177 million apiece. “We are thrilled with the response to our launches of the Earth