The deal will be financed through a $1trln sukuk, it said.
The property developer said in a statement that it has delivered 1,476 units in first half of the year
According to data in the ‘Property Finder Trends’ report for H1, a total of 20,978 residential units were completed in the first half of 2019.
For Q2 2019, off-plan sales recorded $129.59mln, up 129% from Q2 2018
Compared to two years ago, apartment rents are more than 20% cheaper
Azizi Developments’ recently launched retail space spans across a total of over 410,000 sq ft
Continued rent declines can be attributed in large to the amount of supply entering the Dubai market
Analysts at Kamco Research said the highest declines in second quarter was witnessed in the affordable housing category
Prime residential property prices fell 1.9% in the first half of the year due to the market being oversupplied, Savills said
Investors willing to hold property as an investment for a longer period of time can take advantage of attractive yields
Real estate may be a leading indicator of demographic change in the UAE, as opposed to being driven by it
Emirates REIT's most recent accounts show a cash position of $38 million, while it's market cap closed last week at $209 million