G&Co and SPF Realty extend partnership for the third project

Millennium Square, located in the heart of Meydan City, presents ultra-luxurious, semi-detached villas with the finest of exclusive suburban living.

SPF Realty, the leading real estate broker in the UAE’s freehold property sector, announced its exclusive endorsement by Meydan City developer G&Co for the third consecutive project -- Millennium Square, a brand new opulent residential community project within Meydan Development. This is in continuation of SPF Realty’s successful association with G&Co after receiving overwhelming response for the previous two projects – Dhs 1.5 billion Millennium Estates, and 2.7 billion Grand Views at Millennium Estates.

Dubai realty market attracts foreign buyers

Dubai has always been a major attraction to residential property buyers from all over the world because it has emerged as a major global metropolis and everyone wants to own a part of that. Buyers and investors from all over the world are increasingly taking interest to buy properties in Dubai.

Recent reports indicated that Indian property buyers topped the list of foreign property buyers in Dubai, followed by buyers from Pakistan and UK investing in the property market dominantly.

Ensure success as a real estate investor

If you want to expand your investment portfolio, learn the ways of real estate investing

Investors can profit from real estate, but achieving success in this competitive arena requires stronger strategies, perception and knowledge. There are certain characteristics that successful real estate investors possess in common.

Since real estate investment is a complicated field, considering the huge amount of money exchanged from hand-to-hand, it is a must to get advice from experts when somebody invests full-time or part time in the sector. 

UAE’s realty sector on a stable growth path

The growth of real estate market is perhaps one of the strong indicators of financial stability of an economy. There is an interrelationship between the real estate prices and the bank lending; since loans are the main source of real estate finance. The impact varies in line with the dynamics of the real estate market. Due to the impact of the property prices on the profits of the banks, the growth in the real estate sector contributes to the stability of a country's financial system.

In the UAE too, the banking sector has been exposed with the booming real estate market and remained at higher levels. A leading global ratings agency recently predicted that this exposure in the UAE would increase in the coming years with the banking sector’s performance in their participation in the development of the real estate sector. The report comes after examining the potential growth witnessed during past two years in the real estate market, which now shows signs of stabilization.

Sustainable Development Current Buzzword

Country focused on achieving economic goals with minimal impact on the environment

By Yash Shah

(Special to Properties)

Majority of real estate developments up until the past decade were built without much attention on sustainability. But concerns raised on the environment have increased globally, and the UAE’s commitment to sustainability began a slow focus on infrastructure development.

Discussions on the important of sustainable infra-structure development in the cities have gained momentum. Real estate developers across the world have started taking into account the environment impact of projects, and began moving away from the “usual approach” in response to the need for sustainability.