Dubai has already witnessed completion of 129 projects since 2009, with 237 out of 450 projects due for completion in due course. RERA (Real Estate Regulatory Agency), the regulatory arm of Dubai Land Department, mentioned that 217 real estate projects have been cancelled as of 31st May.At present, about 455 registered developers and 893 registered brokers have been registered in Dubai as of 31st May, while 114 projects have been registered under the Tayseer programme (Government-guaranteed funding project).The statement further said that following considerable price declines since the fourth ...
RAK Properties, the Abu Dhabi-listed real estate development company, yesterday revealed that it has begun delivery of freehold commercial and residential units at Julphar Towers.The project comprises two 43-storey towers, which are one of the tallest and most luxurious towers in RAK, offering a range of amenities. The residential tower features 349 apartments ranging from studios to four bedroom units, and duplexes on the upper floors, while the office tower features 468 state-of-the-art offices ranging various sizes to meet various work requirements.The RAK Properties has offered a range of ...