- News
- Sale of one of the most expensive plots in Dubai, signing a contract with Azizi Developments and projects from Northacre
One of the most expensive plots in Dubai was sold for $41 million.
Jumeirah Bay Area – 4,400m² The land was purchased by a UAE National for building a mansion spanning 7,000m². The previous most expensive plot on Jumeirah Bay was sold in December 2021.
Azizi Developments signed up distributor of concrete products
Azizi Developments signed up distributor of concrete products, Transgulf Cement Product, for supply of shot-blasted pavers in landscape works within Azizi Riviera project. Azizi Riviera is a premium project that includes a complex with 16,000 apartments
Northacre, a luxury property developer based in London and subsidiary of Dubai investment banking firm, Shuaa Capital
Northacre, a luxury property developer based in London and subsidiary of Dubai investment banking firm, Shuaa Capital, is shifting focus from prime projects in the UK to the UAE and wider GCC. Key reasons:
- Land shortage in London
- Rising taxes
- Slowdown in international buyers
Sources: Gulf News, The National News, Zawya
More about real estate
Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.
Listen to podcasts from our real estate agents and stay up to date on the Dubai property market: latest news, expert advice, and more.
all podcasts
Stay up to date on the latest trends and developments in the Dubai real estate market with our informative articles. With insights and advice from industry experts, our blog is a valuable resource for anyone interested in the Dubai property market.
All articles