Al Basel Real Estate Brokers, a part of the Al Basel Group of Companies, achieved an AED 175-million sales mark for property developer Deyaar’s The Atria, Mont Rose, and Central Park projects in Dubai. Boasting robust partnerships with renowned property firms in Saudi Arabia and Abu Dhabi, the company owed its latest positive performance recorded from January 2016 up to July 2018 to the robust appetite of local, regional, and global investors for luxury, high-end real estate developments in the emirate.
Executive Summary. The world economy is in turmoil – oil prices are approaching record lows, the stock markets are tumbling. It seems like terminal bad news from an economic and investment point of view. But it needn’t be so. Investors need safe bets for their money in troubled times, and this report lays out the vibrancy of the economy in Dubai, notably the buoyancy of the property market. Despite a recent correction in prices, Espace Real Estate has noticed an increase in activity and completions since the turn of the year, a finding backed up by a number of industry experts.