Category: Other

Officials of Aafaq Islamic Finance and DLD signing the MoU. Aafaq Islamic Finance has entered into a strategic partnership with the Dubai Land Department (DLD) through the signing of a Memorandum of Understanding (MoU). This agreement designates Aafaq as an authorised financial institution to provide escrow services, joining a select group of accredited account trustees managing off-plan project funds for real estate developers in Dubai. This collaboration aims to support the UAE real estate market’s growth amid rising demand for homes. These specialised escrow accounts are designed for real estate…

Read More

Read More

File Photo Published: Tue 2 Jul 2024, 9:23 AM Last updated: Tue 2 Jul 2024, 9:28 AM Gold prices dipped at the opening of the markets in Dubai on Tuesday. The Dubai Jewellery Group data showed 24K trading at Dh281.75 per gram at 9am on Tuesday, down Dh0.25 per gram. Among the other variants, 22K, 21K and 18K opened at Dh261.0, Dh252.5 and Dh216.5 per gram, respectively. Globally, gold was trading at $2,326.78 per ounce, down 0.23 per cent, at 9.10am UAE time. Stay up to date with the latest…

Read More

Read More

Markets A real-estate investor who owns 5 properties in upstate New York shares strategies he uses to get his offers accepted in a competitive market Kathleen Elkins 2024-07-06T10:13:02Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon LinkedIn Link icon An image of a chain link. It symobilizes a website link url. Copy Link lighning bolt icon An icon…

Read More

Read More

Peloton founder John Foley has cycled through his second New York property deal in as many years.  A little less than one year after moving his East Hampton estate, Foley has made an off-market deal to sell his Manhattan townhouse for $35.5 million, the Wall Street Journal reported.  A limited liability company associated with Foley bought the home at 66 Morton Street in the West Village from celebrity jewelry designer David Yurman in 2018 for $15.5 million.  Compass agents Eric Brown and Zeve Salman represented the seller. Serhant’s Ryan Serhant…

Read More

Bank of America economists predict that house prices will remain high until at least 2026. The current prediction suggests that while the rapid price surges experienced during the pandemic will cool down, prices will not drop significantly. This extended period of elevated prices poses a significant challenge, especially for first-time homebuyers. Here are some strategies and considerations to help you navigate the housing market. Leverage Financial Assistance Programs Various institutions offer these programs and provide crucial support through grants, subsidies, and favorable loan terms. The Federal Housing Administration loans are…

Read More

In a feat that redefines luxury real estate benchmarks, Dubai Sotheby’s International Realty proudly announces the record-breaking sale of a magnificent six-bedroom villa on Jumeirah Bay Island, also known as Billionaire’s Island. This stunning property fetched an extraordinary AED 240.5 million, marking the highest sale ever recorded on the island and setting a new standard in Dubai’s opulent property market. AED 240.5 Million Jumeirah Bay Island Villa Sale Sets New Luxury Real Estate Milestone Jumeirah Bay Island has long been synonymous with extravagance and exclusivity, attracting some of the world’s…

Read More

Read More

PNN New Delhi [India], July 5: Blanco Thornton Properties, a leading real estate developer from Dubai, successfully organised a grand event in New Delhi to showcase their own exclusive developments to Indian channel partners. The event took place on 3rd July 2024, at the prestigious Le Meridien Hotel in Connaught Place, New Delhi, drawing an impressive turnout and culminating in the onboarding of over 100 channel partners. Also Read | Elon Musk’s Tesla Not Moving Forward With in India Any Time Soon, Company’s Executives Stop Contacting Indian Government Since April,…

Read More

A home on the real estate market in Fredericksburg, Texas, is a historic wonder that was dramatically transformed into a sparkling oasis. Exterior of the home And it’s listed for $2.625 million. Kitchen and living area “This home is a seamless blend of both old and new,” a news release about the house said. “Located in the historic district of Fredericksburg, Texas, 108 N Acorn Street is a 19th century home updated for modern luxury living. Kitchen “William Kunz, a carpenter and cabinetmaker, built the original home in 1871. This…

Read More

Dubai’s property market, a testament to the city’s resilience, expanded by 39 per cent on average in Q1 2024 compared to the corresponding period in 2021 just after the pandemic. While a probable correction is expected in the next few years, Ahmed El Shamy, the CEO of Majid Al Futtaim – Properties, reassures that the real estate industry regularly goes through multi-year cycles of boom and bust periods. This usually leads to a bit of a plateauing, probably some minimal corrections in the city’s prime residential market, but the market…

Read More

ByHT Correspondent Jul 04, 2024 12:40 PM IST Share Via Copy Link She was awarded by none other than Bollywood Star Suniel Shetty under the category “Top Female CEO of the Year.” In recognition of her efforts in the real estate industry, real estate tycoon Kiran Khawaja CEO of Fajar Realty was awarded at the Saga Awards, which were held on March 3, 2024, at Dusit Thani Hotel in Dubai. The renowned Real Estate tycoon from Dubai Kiran Khawaja receiving awards from former French President François Hollande The Saga Awards,…

Read More

If you think the local housing market is bad, a national real estate data analytics firm has put some numbers on it. A recently-published report says we live in the “riskiest” housing market in the nation. Wow! “California has 6 of 10 ‘most vulnerable’ housing markets in the U.S., but San Joaquin County is the nation’s riskiest of the 590,” according to ATTOM Data Solutions. It says California’s high-risk counties are less-populated regions to the north (like where we live). “Their prices may have been pushed out of economic balance…

Read More

Interviews Posted on July 2, 2024 Somendra Khosla, Chairman of SOHO Development talks to BPME about how the developer stands out in the market, the future of the UAE real estate market, and the firm’s plans for the future The real estate market in the UAE, and Dubai – in particular – has been enjoying an upward trend post pandemic, and has attracted investors as well as new developers, the latter of which have added, and continue to add, new properties to Dubai’s residential property segment. Property portal Bayut’s recent…

Read More

Welcome to Albany, the capital city of New York State, where historic meets modern, and possibilities are endless. If you’re wondering whether Albany is a good place to live, rest assured that living in Albany offers a wide array of perks, from catching a hockey game to indulging in apple cider donuts to taking in the beautiful scenery. The city boasts stunning architecture, small-town charm, and abundant outdoor recreational opportunities to explore and enjoy. That said, there are some drawbacks to consider before making the move. So whether you’re a…

Read More

Read More