Dubai Real Estate

Russian and French investors are flocking to Dubai’s residential real estate market. High mortgage rates in Russia and long payback periods in France drive this trend. The real estate market in Dubai is emerging as a prime destination due to its attractive returns and safer investment environment. Russian Buyers Seek Relief from Skyrocketing Mortgage Rates Russian investors in Dubai are returning...

In a forward-thinking move, the Dubai Land Department (DLD) has partnered with Injaz Real Estate Registration Trustee to launch an innovative platform to make real estate transactions more convenient and efficient. The new service, named ‘6005AQARI,’ allows real estate investors, property owners, and tenants to access a wide range of services remotely, either through video calls or WhatsApp,...

The Dubai Land Department Teams Up With The Emirate’s Top Seven Developers, Allowing Them to Access Its Registration System for the Management of All Real Estate Transactions. The real estate market in Dubai is becoming more dynamic, with recent moves to speed up property sales. This partnership allows the emirate's top seven developers. Their registration system is available for all other...

Industry Insiders Have Predicted Massive Demand For Properties – Both Housing And Commercial Spaces – Estimating The Numbers To Be Upwards Of 100,000 Properties In The Airport Vicinities Over The Next Decade, Leading To A Further Price Surge. Real Estate Boom Following Airport Expansion The massive expansion project at Al Maktoum International Airport has set off a real estate boom in the...

Completion Of The Commercial Tower Is Slated For April 2027. Dubai International Financial Centre (DIFC) has initiated the construction of the Immersive Tower, a project valued at $299.50 million, within the heart of the emirate's financial district. This 37-storey mixed-use tower, boasting a total built-up area of 115,000 square meters, is strategically positioned adjacent to Daman Tower, with panoramic...

Dubai, a jewel in the crown of the United Arab Emirates, is renowned for its towering skyscrapers, luxurious properties, and innovative urban planning. With its thriving real estate market, Dubai stands as a beacon of architectural excellence and modern living. In this blog, we delve into the significance of floor plans in Dubai's real estate landscape, their types, and their importance in shaping the...

Dubai has always been something unique and luxurious when it comes to residence. From Downtown Dubai to Jumeirah Village Circle, every community is unique and gives multiple options for living. In this blog, we'll delve into the appeal and suitability of Binghatti Amber, situated in the vibrant community of Jumeirah Village Circle (JVC). With a focus on real estate Dubai, we'll explore why Binghatti Amber...

Exciting New Residential Project Joins JLT Community Developments Key Points: The district welcomes 1,200 new residential units through a USD 545 million development. Following the prosperous sale of Viewz residential units, DMCC and Danube extend their partnership in JLT's Cluster K. DMCC emphasizes ongoing district development as a vital strategy to boost foreign direct investment (FDI) in...

Keep An Eye Out For Exclusive Ramadan Offers, Particularly On Off-Plan Properties. During the first quarter of each year, the real estate market in Dubai experiences heightened activity. Buyers seek to finalize property purchases for a fresh start, while tenants reassess their plans for the upcoming months. This post-holiday period typically witnesses a surge in property prices as sellers who were away...

The Dubai Land Department Has Instructed Real Estate Agents To Eliminate Any Fraudulent Property Listings Dubai's real estate landscape is undergoing a significant shake-up as the Land Department issues a stern ultimatum to real estate agents: remove unavailable properties from online listings within a strict three-day window. This directive, emanating from recent investigations by the Real Estate...

Real Estate Developer Secures Dh365 Million Parcel Acquisition Renowned UAE property developer, Binghatti Properties, has bolstered its presence in the coveted Business Bay district through the acquisition of a new parcel, marking a significant investment surpassing Dh365 million. Situated strategically at the heart of Dubai's vibrant metropolis, Business Bay stands as one of the city's most...

In the opulent landscape of Dubai's real estate, Jumeirah Bay Island, colloquially known as the 'Billionaires Island,' has become a magnet for the world's wealthiest individuals seeking the pinnacle of luxury. The latest rumored addition to this enclave of extravagance is none other than football sensation Cristiano Ronaldo. Exclusive Haven of Opulence Developed by Meraas, Jumeirah Bay Island spans...

Dubai Luxury Developer Shifts Focus to Construct Keturah Tower Project in Downtown. Dubai-based luxury developer MAG has successfully divested its Business Bay plot, generating a substantial Dh365 million from the transaction amid significant value gains across Dubai's prime locations. Originally planning a 'Keturah '-branded high-rise in Business Bay, MAG has redirected its focus to Downtown Dubai for...

In a transformative collaboration that transcends conventional boundaries, London Gate, a distinguished real estate developer in the UAE, and Franck Muller, the celebrated Swiss luxury watch manufacturer, have officially joined forces, pledging to infuse the realm of real estate with the epitome of timeless elegance. This groundbreaking partnership signifies Franck Muller's foray into real estate,...

Dubai, with its captivating skyline, opulent lifestyle, and lucrative economic prospects, stands as a beacon for global real estate investment. Are you contemplating a relocation or venturing into real estate investment? Let's delve into the compelling reasons why choosing to purchase properties in Dubai might be the perfect decision for you. Reasons to Purchase Properties in Dubai 1. Unmatched...

Real Estate Transactions Have Experienced Substantial Expansion During The Initial Nine Months Of 2023. Dubai's real estate market witnessed significant growth in the first nine months of 2023. Transaction value increased by an impressive 36.7%, and the number of transactions rose by 33.8% compared to 2022. During this period, there were 116,116 real estate transactions with a total value of Dh429.67...

IHG's signing of Marbella Resort marks its debut Vignette Collection hotel on the World Islands. IHG Hotels & Resorts, a prominent global hotel company, has recently finalized a franchise agreement for its second Vignette Collection hotel in Dubai, partnering with The Heart of Europe, a flagship project under the Kleindienst Group. Slated for a grand opening in January 2026, the Marbella Resort...

The European Billionaire's Family Office Acquired The Property In a new milestone in the Dubai real estate market, a penthouse on the Dubai Water Canal has been sold for a whopping $50 million (Dh183 million). This transaction has garnered significant attention and represents a major development in the city's luxury real estate scene. The penthouse is situated in the ultra-luxury residential...

First Homes in 'Haven,' a 1 Million Square Meter Community on Dubai's E611, Expected to be delivered in Q3-2027 In Dubai, Aldar, the renowned Abu Dhabi master developer, is expanding its expertise in creating a mixed-use community named 'Haven’ by Aldar. This development is strategically located opposite the Al Habtoor Polo Resort along the E611 corridor, offering an expansive 1 million square meter...

With Bank Deposit Rates at 5.5%, Many Investors Find 2-Year Lock-Ins Ideal Considering the UAE's 10-year golden visa? Dh2 million-bank deposit option gains traction. An increasing number of individuals seeking long-term UAE residency are turning to the Dh2 million bank deposit route. This approach is viewed as a sound investment, with deposit rates currently ranging from 3.99 percent to 5 percent,...

The off-plan property market has witnessed an impressive 35% surge in demand in the last three months. The off-plan real estate market in Dubai is experiencing a notable surge in demand, with a 35% increase in the past three months. Experts at Betterhomes emphasize the positive trajectory of the off-plan market in Dubai. However, they also acknowledge that real estate markets can be influenced by various...

The Emirate Surpasses San Francisco, Amsterdam, Los Angeles, Washington, Melbourne, Zurich, And Sydney In The Rankings Dubai Earns Prestigious Spot in Top 10 Global Cities for Livability, Lovability, and Prosperity, as per the World's Best Cities Report by Resonance. Dubai outranks prominent cities such as San Francisco, Amsterdam, Los Angeles, Washington, Istanbul, Vienna, Toronto, Boston,...

Dubai, the global epitome of luxury and innovation, continues to captivate discerning individuals with its expanding array of residential communities. These Dubai communities redefine urban living, seamlessly blending opulence with practicality. As we enter 2023, we unveil the top 10 communities in Dubai, where each enclave offers not just a home but also an immersive lifestyle. These gems in the city's...

In August 2023, the ValuStrat Price Index recorded a monthly growth of 1.9% and an annual increase of 13.8%, reaching a total of 94.6 points. The August 2023 ValuStrat Price Index (VPI) increased 1.9% monthly and 13.8% annually to reach 94.6 points. In comparison to the 100 points set in January 2014, apartments scored 78.5 and villas 120.4. ValuStrat reports a surge in apartment sales within...

Keturah Business Bay Introduces Innovative 'Bio Living' Residences Following the remarkable success of Keturah, a groundbreaking luxury well-being real estate and hospitality concept, MAG, a prominent real estate developer in the UAE, proudly announces the launch of Keturah Business Bay, a visionary project valued at Dh2 billion. This luxurious tower aims to redefine modern living through innovative...

Decisions Should Be Grounded In Considerations Of Investment Returns And Capital Appreciation Potential. 1.    Q1: What Are The Prime Locations For Investors Interested In Purchasing Mid-Range Properties In Dubai? If you prioritize a strong return on investment (ROI), consider areas like Jumeirah Village Circle (JVC), which currently stands out for its high ROI potential. It is an...

Dubai's renowned boutique real estate developer, Imtiaz Developments, has broken ground on its prestigious venture, Luxor by Imtiaz, located in the heart of Jumeirah Village Circle. This remarkable project, valued at Dh390 million, signifies a significant milestone for the company, known for its commitment to delivering properties that seamlessly blend sophistication, functionality, and quality. Masih...

The Development Will Be Situated Across From The World Trade Centre Along Sheikh Zayed Road. Azizi is gearing up to commence construction on Dubai's second-tallest tower, with a height exceeding 700 meters, although the exact figure remains undisclosed. This ambitious project encompasses a six-story shopping mall, over 700 residential units, and a luxurious hotel featuring approximately 300 suites,...

A Novice Russian Investor Has Purchased The Property A three-bedroom duplex apartment at the Royal Atlantis on Palm Jumeirah has broken records with a price tag of Dh44 million translating to an astonishing Dh12387 per square foot. This remarkable deal ranks as the second-highest in Dubai, just trailing behind an apartment in the Bulgari Resort and Residences. Which fetched Dh13543 per sq. ft. The...

Users Can Swiftly Access Key Information, Including Area Name, Ownership Type, And Sitemap Issuance Date, By Choosing A Specific Land Plot. Dubai Municipality has introduced a user-friendly online portal, enabling property owners to access their property and land data, including construction licenses and completion certificates with ease. This initiative reflects the Municipality's commitment to...

A Plot Of Land Measuring 41,704 Square Feet Was Purchased Within The Emirates Living Community. In Dubai, a plot of land situated in the prestigious Emirates Hills area has been successfully sold for a remarkable Dh209 million, as confirmed by the Dubai Land Department (DLD) on Tuesday. This expansive plot spans 41,704 square feet and commanded an impressive price of Dh 5011 per square foot in the...

In The UAE, It Is Imperative For Developers To Shift Their Focus Towards Fostering And Cultivating Communities. The importance of community management in the real estate sector cannot be overstated. In the UAE, it is imperative for developers to shift their focus towards fostering and cultivating communities. Amidst robust demand, the real estate sector in the UAE is experiencing remarkable growth,...

Land Sales in Island Community Reach Dh4.2 Billion in the First Half of the Year. A premium plot of land on Palm Jumeirah has recently been acquired for a substantial sum of Dh190 million. This expansive plot spans 56,295 square feet, with plans to develop an impressive 120,000 square feet of residential space. Transforming it into a luxurious residential hub, as confirmed by a property developer on...

As The City Continually Evolves, Every New Iconic Project Enhances The Investment Potential For Investors. Dubai's real estate sector is transforming, setting itself apart from traditional global markets. The city presents unparalleled prospects, not rooted in supremacy, but in establishing foundational dynamics and regulations. With a demonstrated track record of ambitious execution, Dubai has proven...

In The Twelve Months Leading Up To June, Luxury Home Prices In Dubai Witnessed An Impressive Surge Of 48.8% For the eighth consecutive quarter, Dubai continued to lead a ranking of top worldwide cities for the world's biggest rise in the price of luxury real estate. According to Knight Frank's research, "Prime Global Cities Index Q2 2023," the cost of luxury houses in Dubai increased by 48.8% in the 12...

By The End Of October, The Company Will Have Delivered 688 Extra Residential Units. Prominent UAE real estate developers, MAG, have announced the successful handover of 546 townhouses within the esteemed MAG City development situated in District 7 of Mohammed bin Rashid Al Maktoum City, Meydan. Comprising 904 residential units spanning studios, one- to two-bedroom apartments, and 694 townhouses....

As Per Survey Results By Worldwide Real Estate Services Providers, 46,100 Flats, And 11,600 Villas Were Sold In H1 2023 The ongoing year is poised to be the most active period for Dubai's residential real estate sector. Spurred by a remarkable half-year record of 57,700 property transactions encompassing both apartments and villas. This reflects a substantial 44 percent increase. In the first half of...

Investors Looking For A Stable, Tax-Friendly, And Vibrant Market Can Find Numerous Benefits In Buying Property In Dubai. Dubai has solidified its position as a prominent international real estate destination. Its advantageous placement at the intersection of Eastern and Western influences, coupled with its status as a lively cosmopolitan center, renders it a perfect choice for both residents and...

Elitz 3 Offers A Pioneering 1% Monthly Payment Plan, Following The Initial Deposits. Over the weekend, Danube Properties introduced Elitz 3, an impressive project with a development value surpassing Dh800 million, situated at Jumeirah Village Circle (JVC). This development will be adjacent to Elitz and Elitz 2 towers, which are currently under construction. By the fourth quarter of 2026, the twin...

Dubai's Off-Plan Market Shows A Promising And Optimistic Outlook, Accounting For 52% Of Total Transactions In Q2 2023. Off-plan investment in Dubai involves buying a property during its planning or construction stages, based on architectural sketches or renderings. The property is typically not yet completed. One benefit of off-plan homes is the flexible payment schedule, with buyers paying in...

During The April-June Period, The Company's Total Income Experienced A Notable Increase Of 28.7 Percent. Dubai Investments, a diversified investment company, witnessed an impressive 65 percent annual surge in its second-quarter net profit. Propelled by the robust performance of its real estate business. During the April-June period, the total net profit attributable to the company's owners reached...

Over A Dozen Entities Worldwide Have Shown Interest In The Joint Venture. Potential bidders from various countries, including China Investment, Malaysia's KLCC Property Holdings (also known as KLCC REIT), and Saudi Arabia's Hassana, are expressing interest in acquiring a stake in ICD Brookfield Place, an office tower located in the heart of Dubai's bustling financial district. According to insiders...

Dubai Has Firmly Established Itself As The Ultimate Global Destination For Prestigious Assets. In 2002, the issuance of the freehold law marked a turning point for Dubai's real estate, with 700 transactions at the Land Department in the first half of 1997. Fast forward to the first half of 2023, and the city witnessed an astounding 61,000 transactions, solidifying its position as a global destination...

Post-Pandemic, Attractive Deals In Dubai's Real Estate Market Attract Buyers From The UK, Italy, Turkey, And France. European property developers are flocking to Dubai's thriving real estate market, enticed by the interest shown by investors from the UK, Italy, Turkey, and France. Surpassing South Asian and Gulf investors, these European buyers have been seizing appealing deals in Dubai's property...

The real estate market in Dubai continues to make headlines with the sale of the most expensive penthouse, fetching a staggering Dh410 million. Furthermore, Emirates Hills' mansion and a penthouse in Bugatti by Binghatti Tower have set a new benchmark, priced at an astounding Dh750 million, reflecting the unwavering demand for ultra-luxurious properties. These top best Dubai homes are captivating the...

While The Developer Chose Not To Disclose The Tower's Name Or Exact Height. But They Previously Mentioned That It Would Be Situated At A Prominent Site Along Sheikh Zayed Road. Dubai, UAE, is set to welcome the construction of the world's second tallest tower. This awe-inspiring project promises to enhance the city's iconic skyline further. Standing tall amidst its predecessors, the new structure will...

There Are 360 Units In The Residential Buildings, Starting At Dh565000. Deyaar Development PJSC unveils Jannat, the last residential district in Dubai's Midtown community. Spanning 521,400 sq. ft., this project consists of two connected towers and is strategically positioned at the heart of Dubai Production City. With 360 units starting from Dh 560,000, the residential towers are set for completion by...

Danube Properties Completes Acquisition of Business Bay Land from Shuaa Capital Danube Properties, a prominent real estate company in Dubai, has recently acquired a prime plot in Business Bay from Shuaa Capital for a reported AED 190 million ($52 million). The acquisition paves the way for Danube Properties to develop an exceptional residential tower on the purchased plot. Shuaa Capital, in an...

Dubai-based property developer Pure Gold Living has recently announced the launch of several groundbreaking projects worth Dh300 million. These new developments promise to redefine the real estate landscape in the city by offering innovative and luxurious living spaces. With a strong commitment to quality and customer satisfaction, Pure Gold Living aims to create exceptional residential and commercial...

Spanning The Nation, These Visionary Projects Will Extend The Country's Coastline And Introduce Vast Expanses Of Lush Greenery. With recent multi-billion dollar project launches that will transform the UAE's environment and raise the nation even higher on rankings for tourism competitiveness, the real estate industry in the UAE is seeing a tremendous rebirth. This includes an indoor garden, the largest...

Prices for Al Habtoor Tower Start at Dh2.1 Million, With a 3-Year Completion Target. Dubai's Highly Anticipated Al Habtoor Tower Launches Sales, Joining the Ranks of Global Residential Skyscrapers. Situated on Sheikh Zayed Road, overlooking the Dubai Water Canal, Al Habtoor Tower has opened its sales phase, marking a significant milestone in the development valued at Dh3.7 billion. This impressive...

Demand Surges as Dubai's Waterfront Locations Reach New Heights in Property Deals Dubai's real estate market continues to soar as a penthouse on Bluewaters Island sold for a staggering Dh80 million. Spanning an impressive 9,252 square feet, the luxurious four-bedroom unit was successfully sold by B1 Properties. Bluewaters Island, along with Madinat Jumeirah Living, has become a sought-after waterfront...

Altai Tower by Tiger Properties is a Premier Residential Development in Jumeirah Village Triangle (JVT), Dubai. Immerse yourself in a luxurious lifestyle within this 26-storey tower, boasting an array of amenities and an enviable location at the heart of JVT. Experience the pinnacle of upscale living at Altai Tower. Altai Tower at JVT Dubai offers a diverse selection of 244 residential units....

Buying properties in Dubai, like any investment, comes with its own set of pros and cons. Here are some factors to consider: Pros of buying properties in Dubai: Economic growth: Dubai has experienced significant economic growth over the years, attracting investors from around the world. It offers a business-friendly environment, tax incentives, and a robust infrastructure, making it an attractive...

Dolce Vita Will Be Set Up In The Dubailand Arjan District. Dubai-based developer Vincitore Realty has announced its highly anticipated launch of the Dh800 million Dolce Vita Residences in Arjan neighborhood. This luxurious residential project aims to redefine contemporary living with its exceptional design, upscale amenities, and prime location. Spread across an expansive area, Vincitore Dolce Vita...

Dubai's Expansive Project to Extend Coastline by 110 Kilometers, Boasting 80+ Hotels and Resorts Palm Jebel Ali, guided by the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has obtained official approval for its groundbreaking development masterplan. Encompassing an impressive 13.4 square kilometers, double...

Scannable QR Code Provides Access to Holiday Home Operator Information and DET Contact Details in Dubai Dubai's Department of Economy and Tourism (DET) recently introduced a new QR Code initiative aimed at enhancing transparency and instilling confidence among investors and visitors in the short-term rental market. The initiative aligns closely with the objectives of the Dubai Economic Agenda (D33),...

Innovative Ultra-Luxury Tower in Dubai Transforms Residents' Commute by Enabling Direct Access to Their Floors Dubai witnessed the grand launch of Bugatti Residences, an extraordinary residential project developed by Binghatti. Featuring the iconic French luxury carmaker's first-ever foray into the world of real estate. The local real estate market continues to be dominated by the demand for branded...

Dubai, UAE - On May 24, the world will witness the launch of the groundbreaking Bitcoin Tower, an innovative project set to launch at the 28th Conference of Parties (COP28) in Dubai. Spearheaded by developer Salvatore Leggiero, this initiative also marks the establishment of a new hotel chain. The Hotel Chain's Vision According to EINpresswire, the hotel chain aims to embrace cutting-edge...

Dubai, the bustling metropolis known for its stunning skyscrapers, luxurious lifestyle, and thriving business environment, has become a sought-after destination for real estate investment. With its robust market, strategic location, and attractive rental yields, investing in Dubai properties can be a lucrative opportunity for both local and international investors. In this comprehensive guide, we will...

Step-By-Step Guide To Buying Resale Properties In Dubai What elements ought buyers to think about while choosing between older and newer residences in Dubai? What tests must to be carried out before purchasing an older property? Dubai is a bustling city with a thriving real estate market that offers a variety of houses for sale. There are a number of considerations to make when choosing between old...

Complete Project Details Set To Be Revealed On May 24th In a groundbreaking collaboration, Bugatti, the esteemed luxury automotive brand, joins forces with renowned UAE real estate developer Binghatti to introduce the inaugural Bugatti Residences in Dubai. Mate Rimac, CEO of Bugatti Rimac, expressed their aligned vision for creating exceptional living spaces. While Muhammad Binghatti's expertise in...

Engaging A Real Estate Agent Can Be Beneficial In Dubai Property Transactions. 1.    What Is The Commission Fee For Hiring A Real Estate Agent When Purchasing A Property In Emirates Hills, Dubai? In Dubai's Emirates Hills, a real estate agent usually charges a commission fee of 2% of the final sales price. Both the buyer and the seller typically pay that to their respective agents. As...

Dubai Land Department Introduces a New Service to Authenticate Real Estate Advertisements Dubai implements QR code verification system to combat fake real estate advertisements. Dubai encourages property investment to enhance property deals. The Dubai Land Department has launched a new system called Madmoun. This employs QR codes to authenticate property details on all print and audio-visual...

The Pandemic Caused A Significant Surge In Demand For Villas And Townhouses. As Residents Sought To Move Out Of Their Apartments And Into More Spacious And Independent Living Spaces. In Dubai's real estate market, there is a higher demand for two-bedroom apartments among both investors and end-users. This shift can be attributed to changing consumer preferences. Such as a growing inclination towards...

The 3-Tower Cluster From Meraas Symbolizes D3’s Expansion To Full Mixed-Use Status Meraas Launches First Freehold Homes in Dubai's Popular D3 Office District. Dubai's sought-after d3 office district, known for its trendy boutique offices, is set to introduce its first-ever freehold homes. The master developer, Meraas, will initiate the first phase of the 'Design Quarter' at d3, which will feature...

Leasehold Properties Typically Have A Lower Initial Purchase Cost Compared To Freehold Properties. As an expat looking to buy property in Dubai, understanding the differences between freehold and leasehold ownership is crucial. Both options have their benefits and drawbacks, and it is essential to weigh them carefully before making a decision. Freehold Ownership Freehold ownership gives you...

By Q2 2024, The Dh2b, 365-Meter-Tall Ciel Dubai Marina Will Welcome Its First Visitors. The 82-storey Ciel Dubai Marina, which will be the world's tallest standalone hotel tower, is expected to have its operator identified by this summer. As there is reportedly heavy competition among the contenders. The development costs around Dh2 billion, and it will be completed in the first quarter of 2024. With...

A Fledgling Start-Up In Dubai Is Poised To Shake Up The Lead-Generation Industry With Disruptive Strategies. The real estate market in the GCC is about to undergo a massive transformation. Thanks to Artificial Intelligence, Web3, and ChatGPT. Web3 technology-powered start-ups are making their way into the property market, signaling a major shift. However, the industry has relied on traditional and...

While Dubai Develops New Waterfront Projects, Deyaar Creates The 52-Story "Mar Casa" Building. Dubai Maritime City is set to receive a new beachfront tower from Deyaar with a budget of Dh1.1 billion. The project, called Mar Casa, marks a potential new round of development activity at DMC. According to Deyaar CEO Saeed Mohammed Al Qatami, the tower aims to offer new opportunities for investors and...

A Total Budget Of Dh515 Million Has Been Allocated For The Tria Project. Which Commenced Already And Is Scheduled To Complete In 2025. One of Dubai's top real estate companies, Deyaar Development PJSC, has announced the selection of the principal contractor for the Tria project. A distinctive luxury residential tower in Dubai Silicon Oasis (DSO). Tria, a 32-story integrated residential building at the...

The Feature Supports Dubai Economic Agenda D33 Aims Dubai Land Department (DLD) has introduced a new feature called 'Instant Sale' that utilizes smart evaluation technology to streamline real estate transactions without requiring audits. This feature applies to the sales of real estate units, including apartments and villas, located in freehold areas and facilitated through Real Estate Registration...

Rental Prices Are Not Projected To Fall In The Coming Months. Due to Continued High Market Demand and a Scarcity of Accessible Office Space. Can a foreign firm purchase commercial property on Dubai's Mainland? We intend to create a branch of our company and are searching for office space for 50 employees. It is a long-term software development and sales effort. What kind of rent can we expect to pay...

With a 58-Storey Tower and Prices Starting at Dh2m, Sobha Enters JLT The Jumeirah Lake Towers are once again producing a large number of new launches, with Sobha Realty the most recent to do so with the Verde by Sobha, a high-rise. At over Dh2 million, apartment prices are at the upper end. The 58-story building will be located across from Cluster H. Ellington and Danube have also just launched at...

69-Story "Aire Dubai" Properties Triplex, Duplexes, And Penthouses Are Purchased As Part Of The Deal. A Dh650 million purchase for a group of units at a new tower complex on Sheikh Zayed Road was completed. Just over a month and a half into 2023 as per the city's real estate market.  Two duplexes, a triplex, and five full-floor penthouses spread across 11 storeys at the top comprise the "entire crown...

Data From The Dubai Land Department Show That 1,999 Apartments And Villas Sold For A Total Of Dh4.59 Billion. While 311 Plots Achieved A Dh2 Billion Profit. According to data from the Dubai Land Department (DLD), the real estate market in Dubai had 2,785 real estate transactions. Totaling Dh10.3 billion during the week ending February 10, 2023. According to the DLD data, 311 plots were sold for Dh2...

Real Estate Experts Anticipate an Increase in Prices Of Up To 10% This Year Due To the Robust Demand In The Luxury Market. According to analysts, Dubai's real estate market will continue to expand this year. As end users and investors continue to invest in the residential sector of the emirate. Due to their strong belief in the country's promising economic future. Tourism, visa liberalization, and...

At The Majid Al Futtaim Project, An Indian Buyer Completes The Largest Transaction To Date. Dubai's new super-luxury residential neighborhoods are getting close to selling homes for Dh100 million or more. Early in February, an Indian family purchased an eight-bedroom villa on "Lanai Island". As part of the `Tilal Al Ghaf` master complex for Dh90.5 million. According to a representative of...

The Revised Rental Agreement Will Result In Monthly Or Quarterly Payments Becoming Increasingly Prevalent. Dubai has integrated the Central Bank's direct debit system with the Ejari real estate online registration system. Enabling landlords to debit rent straight from the tenant's account and do away with the requirement for post-dated checks. However, a major concern for tenants who make monthly,...

They Are Set To Resume Their Place On The UAE's List Of Top Property Buyers Once The Covid-19 Border Restrictions Are Lifted. Following their fall from prominence during the Covid pandemic, Chinese buyers appear poised to recover their place atop the UAE's list of top buyers of real estate this year. The Dubai-based company Driven Properties, which also has offices in China, claimed that investments...

The Growing Population Is Encouraging The Development Of New Projects And The Supply Of Residential Units In Dubai. Dubai's population officially reached 3.55 million in 2022. Moreover, more expats choose the emirate as their second home. It continues to expand at a rapid rate. Several new home developments by famous builders have been launched in the emirate to accommodate this growing population....

Online Ads Received The Most Licenses, Which Is Surprising. According to data, the Dubai Land Department issued 9,047 real estate permits and 6,479 real estate licenses in 2022. An increase of 46.6% and 53.0%, respectively, over 2021 levels. The rapid increase in permits and licenses is a reflection of the rising demand from international real estate investors. They are attracted by Dubai's robust...

Wadi Al Safa 3 Has The Most Expensive Real Estate Deals. With 10,853 sales last year, the Business Bay community had the largest number of real estate deal in Dubai. Other areas in the top ten list of locations with the most transactions include: Dubai Marina (10,074) Al Barsha South 4 (7,338) Burj Khalifa (6,955) Al Merkadh (6,133) Al Hebiah 5 (5,868) Jebel Ali 1 (5,242) Hadaeq...

One-Cheque Contracts Have Clearly Increased As Landlords Demand Full Payment Upfront. In Dubai, landlords are much more likely to want a single cheque payment. Especially those who are renting out in freehold regions where demand continues to outpace supply in most places. Additionally, it indicates a considerable decline in the number of landlords. Who were once prepared to accept several cheque...

268 Studios, 65 Two-Bedroom Apartments, 203 One-Bedroom Apartments, 13 Three-Bedroom Apartments, And 4 Duplexes Will Deliver. Private developer Danube Properties, based in Dubai, reported that its most recent Dh550 million project, Elitz by Danube, had sold out at the launch. Indicating that demand for the more affordable segment is still strong in the emirate. Project will build on a...

By Imposing A Limit On The Number Of People Permitted In Each Residential Unit, The Government Implores Citizens, Property Owners, And Businesses To Abide By The Law. To combat overcrowding in residential areas, Abu Dhabi's Department of Municipalities and Transport (DMT) on Thursday launched the "Your home, your responsibility" campaign. Infractions will be subject to fines of up to Dh1 million. As...

In 2022, Dubai Was Rated As One Of The Top Three Cities In The World For "Executive Nomads" To Live. A "remote working hub" established in the Emirate by the US-based online market for homestays and experiences, Airbnb. In collaboration with the Department of Economy and Tourism of Dubai (DET). According to DET on Wednesday, December 21, the new remote working hub will offer accommodation details...

Currently, 103,975 Rental Lawsuits Have Been Filed In The Center, With 92,732 Of Those Being Primary Lawsuits And 11,243 Being Appeal Lawsuits. In its nine years of operation, Dubai's Renting Disputes Centre (RDC), created the first smart judicial rental system in the world. That has resolved 100,000 rental claims, boosting investor trust in the emirate's legal framework. The 5.2 million registered...

The First Phase Of The Innovation Hub Is Home To Google, HP, Gartner, China Telecom, And Other Companies. The Innovation Hub Phase 2 in Dubai Internet City has officially begun construction, according to TECOM Group's Monday announcement. The update was made public at a time when a significant number of foreign businesses and investors were. That is drawn to Dubai by its business-friendly...

Most Apartment Deals Recorded By Jumeirah Second. For the week ending December 9, 2022, 3,186 real estate transactions totaling Dh91 billion recorded in Dubai. Data indicated that 2,233 flats and villas sold for Dh4.64 billion, while 419 plots were sold for Dh2.24 billion. The highest-priced deal of the week was the sale of a piece of property in Marsa Dubai for Dh265.69 million. That followed by...

Due To Rising Prices Driven By HNIW And Foreign Investor Demand, The Market Is Poised To End The Year On A High Note. The Dubai real estate market is poised for a strong 4th quarter and end to the year with a nearly 1.8 % price increase in October. As well as similar trend in November as investors and end-users proceeded to invest in the emirate's real estate sector. According to the most recent...

Buying property in Dubai is a big decision, as well as a major investment. When you are in the process of making such an investment, you should know a few things. These include Maintenance standards, the Cost of living in Dubai, Getting a loan or mortgage, and much more. Therefore, this article is a complete guide when you decide to buy property in Dubai. Read this article carefully, until the end. Let us...

Gaurav Aidasani Claims That If Anything, European and Russian Buyers Increased Their Activity in Q4–22 Those overseas buyers must continue if the real estate market in Dubai and the UAE is to maintain its momentum through 2022. Developers are investing significant resources in new launches. Because they anticipate a repetition in 2023 and are not particularly concerned with the difficulties of the...

Dubai's Most Sought-After Neighborhood For Rental Properties Is Still Palm Jumeirah. According to Zoom Property Insights, the Dubai rental market is still on the rise. As average rent increases by 27% this year. In addition, demand increases significantly in line with the Emirate's robust economic activity. The average cost of renting an apartment has risen to Dh91795. While the cost of renting a...

Confirms 50,000 Square Foot Unit at Its Dh5b Orla Project, Its Third on Palm Jumeirah Omniyat Properties' new project, the Orla, on the Palm Jumeirah, features a 50,000-square-foot penthouse that the company hopes will break further records. The penthouse spans three storeys and is erected above that built-up space. That would be the biggest of its kind in the Middle East and the United Arab...

The Famous Construction Project Covers An Area Of Eight Million Square Feet. It Has 90 Acres Of Green Space And Open Areas And Offers Villas With Five To Six Bedrooms. Additionally To One- To Four-Bedroom Apartments. Sobha Realty introduced Sobha Hartland II, yet another master-planned mixed-use property, on the 2nd day of Cityscape Dubai. The famous project spans an area of eight million square feet...

Choosing the right real estate agents in Dubai is an important decision. This can be a daunting task, especially when you have many options. You want to find the best agent to help you get the most out of your property. You may have heard some of the more common names and brands but are not sure whether they are the right choice for you. This is why you need to take into account several factors when...

Last Week's Top Transactions In The Emirate's Artificial Islands Included Both Land And Ready Properties. The most recent data from DLD showed on Friday that Palm Jumeirah continues to be the preferred location in Dubai. For extremely wealthy real estate investors. According to statistics, Dubai's man-made island continues to be the location of choice for strategy-based sales. As well as for apartment...

In Dubai, average prices per square meter are not applicable to real estate properties. There are two categories of real estate properties: investment properties and self-use apartments. Investing properties are the most common type of real estate property purchased by buyers. The cost of Dubai apartments is different in different areas. These properties are usually located in popular neighborhoods...

Customers Will Have To Wait Because Alpago Intends To Sell Shortly After Palm Flower Is Finished. As per the developer Alpago Properties, the most recent ultra-luxury penthouse on Palm Jumeirah will cost Dh250 million. The developer has set prices for the 10 units that comprise the 11 storeys of the “Palm Flower” project. Who recently sold a fresh villa on the Palm for Dh302.5 million. Sales will...

A Lot Of People Continue To Be Interested In The Projects In Business Bay, Downtown Dubai, And The Dubai Water Canal. Off-plan homes in sought-after areas of Dubai are in greater demand than ever with prices rising by nearly 50%. According to reports, Dubai off-plan market expanded by more than 130% in the first half of 2022.  Including over 130,000 units coming from almost 85 projects that had...

Dubai's rapid transformation into a global economic and social hub has been driven by remarkable technological advancements, attracting a diverse influx of individuals seeking residence and business opportunities. The city's growth is significantly facilitated by top real estate companies, playing a pivotal role in shaping its landscape. With some of the largest real estate developers in the UAE, property...