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23:24 23-04-2018
Austrian Voestalpine will build the first fully automated steelworks
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March offer of secondary housing in USA attained its minimum since 1999
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19:50 23-04-2018
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23:33 20-04-2018
Minister reveals a new strategy for housing construction in Russia
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High-tech waste recycling plant to be built in the Moscow region
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Russia’s first 5-star Marriott Modern hotel opens in Voronezh
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Five plants for wood waste processing to be built by Chinese in Russia
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Syrians ask Russian companies to build housing in Damascus and Aleppo
23:37 19-04-2018
Austrians may create a “Smart City” in the Crimea
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Pushkin Museum seeks contractor for reconstruction of a manor house
22:34 19-04-2018
Lithuania’s first Marriott hotel to be built on the site of an old stadium
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Foreigners rent elite cottages in Moscow region for 2018 World Cup
21:22 19-04-2018
Sports complex with a 3D facade will be built in Moscow
20:15 19-04-2018
Dutch architect Winy Maas to talk about modern housing at Kaliningrad forum
19:48 19-04-2018
Czechs and Americans bought out all offices in Metropolis complex in Moscow
23:09 18-04-2018
Investments in China’s real estate soar, hitting a three-year high
22:11 18-04-2018
Experts name the cheapest resort destinations in Europe
21:32 18-04-2018
Gazprom and Saudi Aramco will create a joint coordinating committee
21:07 18-04-2018
$1,9 billion to be allocated for capital construction of military facilities in Russia
20:53 18-04-2018
A kindergarten with Spanish graffiti will be built in Moscow
20:14 18-04-2018
High-tech diamond enterprise will be set up in Moscow
19:51 18-04-2018
Two new metro stations to be built in northern Moscow
23:54 17-04-2018
High-speed railway from Vladimir to Nizhny Novgorod airport is approved
23:03 17-04-2018
Russian scientists developed a transport model for Cote d'Ivoire
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$15,7 billion invested in Dubai real estate in 2018

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$15,7 billion invested in Dubai real estate in 2018

According to the Land Department of Dubai, the largest players in the real estate market of the emirate are residents of the UAE.


They invested a total of $1,1 billion in local real property, having made 1587 transactions, Forbes reports.

Immigrants from India rank second. They spent $817 million and concluded 1550 deals on the “concrete gold” of the emirate. Next come representatives of Saudi Arabia, Britain, China, Russia, Jordan, and Canada.

The most transactions were in the Business Bay area, with a total of 973 transactions worth $545 million. It is followed by Dubai Marina and Al Barsha South Fourth.

Expert forecasts are optimistic. The recent spike in oil prices, which triggered the resumption of growth in the Gulf states, as well as an increase in public spending on infrastructure in the run-up to Expo 2020 Dubai, should lead to the recovery of the housing market in the UAE from 2019.

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