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FINANCIAL NEWS
Villa prices in Dubai jump 23% in Q3
07 Nov 2012
(MENAFN) Jones Lang LaSalle (JLL) stated that in the third quarter, villa prices in Dubai jumped 23 percent from the same period a year ago, reported Emirates 24/7.
However, growth in the apartment sector rose by just 4 percent from 2011’s same period.
The global consultancy noted that the emirate’s residential market is experiencing higher levels of sales activity, while the prime market is now rebounding.
It added that in the January-September period, nearly 6,000 new units were finished, whereas another 17,000 units are forecasted to come to the market before the end of 2012.
It is worth noting that approximately 460,000 square meters of office space are estimated to have been delivered during the 9-month period, while another 335,000 square meters are likely to come to the market by the end of the year.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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