Residential units in Dubai will offer the most attractive returns in 2008, growing 37 per cent annually, which will be followed by commercial and retail space, according to a new study. ...According to the report, Dubai's real estate industry dynamics are firmly entrenched in Dubai Strategic Plan 2015, which strives to achieve a medium-long term objective of diversifying the economic base in key growth areas, ...The current boom in the residential real estate sector is fuelled primarily by demand-based drivers including, aggressive population growth, high...
The UAE has jumped 23 places to notch the fourth position among the most-active land markets worldwide in the first half of 2008, as global sales reached $64 billion (Dh235bn) during the period, new data revealed yesterday. ...Development site transactions in the UAE reached $3.7bn, claiming 5.8 per cent share of the global market, and increasing 1,348.6 per cent compared with the same period last year,... The total value of land transactions in Dubai has crossed Dh144.3bn in the first six months of the year compared with Dh175bn for all of 2007, Land Department figures revealed. ...
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