Real Estate Dubai

Prospective Dubai Homeowners Benefit From Price Discounts And More Flexible Payment Plans. Dubai's real estate market is witnessing a transformation, making it easier for potential homeowners to enter. Developers are now offering more flexible payment plans, with some introducing a monthly payment scheme of just 0.5%. This shift from the previous standard of 1% per month is a strategic move to sustain...

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...

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...

In February, Dubai's Property Price Growth Maintained a Modest Trajectory As off-plan sales maintain dominance in the market, Dubai anticipates the emergence of three new master communities in 2024, poised to bolster the supply of villas and townhouses while propelling the emirate into its next phase of expansion. Emaar has announced two new communities—The Heights Country Club and Grand Club Resort,...

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...

After 11 Rate Hikes, The Consensus Among Most Bankers And Economists Is That The Fed Will Likely Decrease Rates By 25 To 100 Basis Points In 2024. In 2024, a surge in mortgage preference is anticipated among property buyers in the UAE, particularly end-users, as interest rates are poised to decrease by up to 100 basis points. Analysts emphasize the significant influence of mortgage rate changes on...

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...

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...

Tenants Can Find Affordable Residential Properties By Initiating Their Search In Advance And Conducting Comprehensive Research. Finding the perfect rental property in the UAE can significantly shape your lifestyle, affecting vital factors such as your daily commute and social interactions. To assist you in discovering an ideal property within your budget, we are presenting 6 valuable insider tips that...

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,...

Experts In The UAE Highlight Common Pitfalls Encountered By Homebuyers In Their Quest For A New Residence. Dubai: When considering the purchase of a new home, one obvious red flag is if the price surpasses that of neighboring properties without a justifiable reason. However, what other factors should you be mindful of when in the market for a house? Here are some of the common errors that inexperienced...

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...

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...

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...

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...

‘Golf Views' Offers Apartments Complete With Private Pools. As Well As Exciting Amenities Such As A Skate Park And A Virtual Reality Golfing Experience. A renowned freehold neighborhood called Dubai Sports City welcomed the Dh300 million Samana Golf Views home development on Monday from Dubai-based Samana Developers. The new development is the first one in the area to have apartments with private...

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....

Uniting Premier Industry Stakeholders From Both UAE And India, The Event Provides An Inclusive Platform For Investors, Developers, And Homebuyers. Mark your calendars for an exceptional event as the 4th edition of the UAE-India Real Estate Show. Jointly presented by Khaleej Times and Realty+, arrives in Dubai on November 25 and 26, 2023. This esteemed exhibition unites top-notch stakeholders from the...

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...

Looks At The Primary Reasons For Tenants To Buy Instead Of Rent Najam-us-Saqib, a Dubai-based entrepreneur, invested in a budget-friendly studio apartment located on the outskirts of the city. Preferring convenience, he chose to rent an apartment in the Al Qusais area, close to his office and his children's schools. While renting out the studio apartment he purchased. Najam is one of the many locals...

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...

Purchasing A Home With Financing In The Emirates Offers Affordability In Comparison To Other Global Markets. The UAE's real estate market has remained brisk during the last three years despite the current state of unrest in the world. More people were thinking about buying a home in the UAE because of the low lending rates, the abundance of housing options, and the laws that supported long-term...

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...

Property Owners And Lenders Are Struggling To Adapt To The Shifting Dynamics Of Remote Work. The post-pandemic changes in employment trends have raised concerns about potential losses for landlords. The estimated value loss of $800 billion to office buildings in key cities underscores the impact of remote work on the commercial real estate sector. According to a report from the McKinsey Global...

In Response To Market Demand, The Developer Introduces 182 Single-Row Townhouses As the UAE experiences strong demand for real estate, Dubai Properties has launched the final phase of townhouses at its Mudon master complex. A Dubai-based developer said in a statement on Tuesday that Mudon Al Ranim, which consists of 182 townhouses with three and four bedrooms, is the culmination of the Mudon community....

Are you considering purchasing a home in the United Arab Emirates? Worried about the impact of the recent interest rate increase and potential future hikes on your financial burden if you secure a mortgage? A senior executive with the mortgage-focused fintech Huspy says you do not have to be. The UAE not only boasts some of the most affordable real estate among major cities, but the interest rates are...

The Locations To Look Out For Are JLT, Palm Jebel Ali, And Oasis. 1.    What Are Dubai's Most Exciting Up-And-Coming Neighborhoods? Dubai is home to many potential upcoming areas. JLT is taking an uncertain step by introducing 'Uptown Dubai,' a brand-new neighborhood in the works. The opening of the Uptown structure, the region's first supertall structure, is expected to draw...

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...

Expected Handover of Project in Q1 2024 Azizi Developments has recently announced that the construction of Creek Views II has reached a significant milestone, with completion progress reaching 50%. The luxurious development, valued at Dh350 million, is situated in Dubai Healthcare City, overlooking Dubai Creek. The project is on track for handover in the first quarter of 2024. Comprising 587...

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...

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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...

With 81 floors and 1,701 keys, Dubai's Habtoor Tower will be the largest residential tower in the world. Al Habtoor Group in Dubai has announced the opening of the biggest residential structure in the world. On Sheikh Zayed Road, next to the Dubai International Financial Centre (DIFC), on the banks of the Dubai Water Canal, and with a view of the Burj Khalifa, the Habtoor Tower will be constructed. The...

Residents Of These Ultra-Luxurious Projects Can Now Enjoy The Ultimate Convenience Of Driving Their Cars Directly To Their Personal Floor. Dubai is swiftly establishing itself as a pioneer in the realm of branded residences, exemplified by the recent launch of the world's first Bugatti branded residence. This opulent project, consisting of a remarkable 43 floors, will accommodate 171 mansions and 11...

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...

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...

Unprecedented Record Set As Jumeirah Bay Island Four-Bedroom Apartment Achieves New Heights A lavish penthouse with four bedrooms in the Bulgari Resort and Residences in Dubai just sold for an incredible Dh122 million. That Sets a new benchmark for the priciest ready penthouse sold in the city. The penthouse spans an entire floor, covering an area of 12,113 square feet. Indicating that the demand for...

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...

Palm Jumeirah is a man-made marvel, an island in the shape of a palm tree that has become one of the most sought-after destinations for property buyers. With a range of luxurious amenities, including beachfront living, high-end retail, and top-class dining options, Palm Jumeirah is a community that offers a truly unique living experience. In this guide, we will discover the latest off-plan and...

Luxury Dubai Property Demand Reaffirmed With Sale Of 8-Bedroom Mansion On Lanai Island A mansion in the Tilal Al Ghaf villa community has been sold for Dh200 million. Setting a new price benchmark for the Majid Al Futtaim Properties project. The sale confirms the continuing strong demand for luxury homes in Dubai. Particularly those priced at Dh100 million and above. This sale comes just days after the...

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 Is Well-Positioned To Accommodate 36000 Additional Hotel Rooms. Dubai's hotel industry is preparing for a lot of activity, and it is not just about keeping the rooms and suites open to receive more visitors. In what industry insiders refer to as the "next golden age" of the industry. There is a lot of activity going on in terms of new hotel projects being completed. Key Points In the first...

Michael Zager, Former IHG Executive, Joins The Developer To Lead Its Hotel Management Ambitions. Dubai-based developer Azizi Developments has recently announced its expansion into the hospitality sector. Through the launch of a new division focused on hotel management. The company has hired Michael Zager, a former executive of InterContinental Hotels Group (IHG), to lead its ambitious venture into the...

A Stable Economy, 100% Foreign Ownership, Golden Visas, And Covid-19 Handling Attract European Investors To Dubai. Real estate market Dubai has seen a shift in its top investors in the first quarter of 2023. As per a report, British, Indian, and Russian nationals were the top investors, with Europeans and Russians overtaking those from the Indian subcontinent. This shift can be attributed to various...

Gated communities have become increasingly popular in recent years, especially in cities where the population density is high. One such community that has garnered a lot of attention is Sobha Reserve Villas in Dubai. Sobha Reserve Villas Dubai offers a luxurious lifestyle that is perfect for families. This gated community is located in the heart of Dubai and provides a safe, secure, and comfortable...

The 65-Storey Tower Holds The Distinction Of Being The Tallest Building In Jumeirah Village Triangle. Danube Properties, a leading private developer, has launched the ultra-luxury Fashionz tower in partnership with FashionTV. This move comes as demand for high-end and branded residential properties continues to drive the local real estate market. The tower is located in Jumeirah Village Triangle (JVT)...

The Emirates Rent Law Clearly Lays Out Both Parties' Responsibilities. Query: Who is responsible for maintenance, such as AC, plumbing, and general upkeep, in the apartment that I am renting in Dubai? Response: Based on your question, it can be inferred that you are currently leasing an apartment in Dubai. Therefore, the regulations set forth in Law No. 26 of 2007 Regulating the Relationship between...

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...

Disputes Can Be Referred To Rera Rental Dispute Centre In Dubai. If you are a tenant and have been asked to vacate your villa due to the owner's plans to renovate the building, you must receive a 12-month notice period. According to Article 25, Law 33 of 2008 (Amendment of Law 26, 2007), if the landlord deems the property to be in a condition that requires restoration or comprehensive maintenance. That...

Dubai's High-End Housing Property Market Is Also Expected To See An Increase In Investment From European Investors This Year. Driven By High Inflation Rates In Their Home Countries. According to a recent market analysis, affluent Chinese investors are expected to drive a significant increase in the percentage of foreign purchasers in Dubai's most sought-after luxury home category in 2023. This is due...

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 Selecting An Agent, Strongly Advised That Investors Select An Area Specialist. A real estate agent's best function is advising and helping buyers and seller's market. Buy property for the right price, under the best conditions. A skilled agent should be able to assess the needs of the client. Take into account their financial status, and suggest solutions that are appropriate. The agent evaluates...

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...

In Dubai, St. Regis Residences Takes Advantage Of The Ongoing Demand For Branded Properties. Dubai's super-premium property market is thriving in 2023. As Adventz Group's 'St. Regis Residences' sold Dh1 billion worth of units in the first hour of launch, with 70% of the 232 units sold. The tower, set for completion in 2025, features branded residences and continues to attract buyers in Dubai. Market...

These Days, The UAE's Growing Base Of Rich Inhabitants Is Expanding Beyond Housing. The UAE has long been the centre of Middle Eastern shopping, but today's "shoppers" are just as likely to buy a private aircraft or a luxury boat there. To go along with the residences that are often purchased for between Dh100 million and Dh600 million. Since 2021, the number of ultra-wealthy people living in the...

Sales Will Be For 227 Homes At Uptown Tower, Which Is Adjacent To JLT. The 340-meter-tall Uptown Tower, Dubai's newest skyscraper, has begun taking reservations for its residential units. The top 28 levels of the "SO/ Uptown Dubai Residences" are home to 227 branded signature residences. The 340-meter building has 81 stories and will have conference facilities in addition to a 5-star hotel with 188...

Over Two-Thirds Of Owners Polled Intend To Sell In Order To Capitalize On Market Conditions. A YouGov survey commissioned by Metropolitan Homes found that 64% of Dubai property owners plan to sell. 52% plan to do so in the next 12 months. The survey polled 300 UAE property owners and found that 90% would buy another property in Dubai. This is if they were able to sell their current property at a...

The Residences Are A Collection Of 33 Ultra-Luxury, Fully Furnished Two- To Six-Bedroom Homes, Penthouses, And Villas. That Are For Sale. Each Home Features Exceptional Design, The Best Materials, And Impeccable Service. Emerald Palace Group (EPG) has made a small cluster of 33 ultra-luxurious residences, penthouses, and villas available on the renowned Palm Jumeirah Island. A Dubai-based developer and...

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...

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...

Five Best Recommendations on How Tenants in the Emirate Can Save Big In The Event Of a Rental Increase With rent increases in Dubai reaching historic highs in 2022, tenants are receiving notices of increases ranging from 15% to 20% this year. According to Sarah Hewerdine, head of marketing at agency-owned real estate website Houza, accepting rent hikes can be a "difficult period" for tenants. They...

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,...

Imtiaz Developments breaks ground for its latest Dh 130 million residential projects, Westwood Grande by Imtiaz In Jumeirah Village Circle, Imtiaz Developments has successfully finished the groundbreaking construction of its brand-new architectural marvel. The achievement, spearheaded by Masih Imtiaz, CEO of Imtiaz Developments, heralds the start of an amazing journey. That will produce a magnificent...

31 Penthouses And The Stunning Three-Story Sky Villa, With Nine Bedrooms And A Personal 13,000 Square-Foot Patio, Will Be Housed In The 27-Story Bvlgari Lighthouse. An apartment at the Bvlgari Lighthouse on Jumeirah Bay Island has been sold for a stunning Dh410 million ($112 million). Making it, the most expensive flat ever sold in the emirate. The nine-bedroom residence is 38,970 square feet in size,...

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....

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...

Will It Be Another Record Year With 45 Purchases Involving Homes Worth Dh15 Million Or More? The Dubai property market is off to a rousing start in 2023. With 45 houses getting Dh15 million or more in the initial 15 days of the year. The perception is that the first quarter of 2023 will be just as robust for high-value residences. In the full year of 2022 when Dubai broke new records for the number of...

There Are Currently 350 Real Estate Projects Being Constructed In The Emirate, Luring Millionaires And High-Net-Worth Individuals To Invest In One Of The Emirate's Expanding Economic Sectors. According to experts, Dubai real estate will play a significant role in achieving the objectives of the Dubai Economic Agenda D33. In addition, will draw billionaires and high-net-worth individuals for investment...

Women's Real Estate Investment Is Increasing By 50.7 Percent In Volume. In 2022, women's participation in Dubai's real estate market will be significantly higher. In the last year, 26,698 female investors filed 33,419 investments in real estate worth over Dh58.8 billion in the emirate, representing a 50.7% increase in volume and a 53% increase in value over 2021. According to Dubai Land Department...

Ellington Has Confirmed That Its First Project In JLT, Called "Upper House," Will Have 754 Units. A Dh1.2 billion residential project by Ellington Properties will include 754 units and be completed by early 2026 in the Jumeirah Lakes Tower high-tower neighborhood. The developer has hired Brewer Smith Brewer Group (BSBG) as the design company for the "Upper House" project. Additionally, this is...

The First Six Projects With New Housing Design Concepts Have Been Ramped Up For H1 2023, With 2,400 New Units Included In The New Developments. Samana Developers, a Dubai-based real estate firm, intends to unveil 12 new projects by 2023. Including five-star hotels totaling Dh2.5 billion ($680 million). Around 2,400 units are housed in the complexes. The builder issued its 2022 performance evaluation...

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...

Apartments For Less Than Dh2 Million That Also Have Private Pools Could Attract Buyers. Question: What will buyers of real estate in Dubai seek next? Farmhouses? Or residences on islands other than the Palm Jumeirah or Jumeira Bay? Houses that perfectly encapsulate "healthy living" Want a house next to a "beach" or "lagoon". Alternatively, affordable private pool apartments under Dh2 million? Or...

The Development Includes Villas With Four To Five Bedrooms Tucked Away On White Sand Beaches. In its DAMAC Lagoons master development, DAMAC Properties announced the opening of the Ibiza residential cluster on Wednesday. Following the successful debuts of Portofino, Venice, Costa Brava, Marbella, Malta, Nice Townhouses, Santorini, and Monte Carlo. The most recent addition to the Mediterranean-inspired...

Are you looking to make the move of a lifetime and buy property in Dubai? With its stunning beaches, exquisite architecture, and thriving business scene, it is easy to see why so many expats choose this beautiful gulf state as their home. But when it comes to finding the right property for sale, there are top apartments for sale in Dubai. To simplify your search, we have rounded up the best apartments...

Sobha Hartland is a gated community that focuses on a comfortable and elegant lifestyle. It is one of Dubai's most significant communities, providing an inspiring lifestyle with noteworthy living options. The well-known building can be found in MBR and covers about 8 million square feet of space. With panoramic view of the Downtown, Meydan Racecourse, Dubai Canal, & Dubai Creek, it is among Sobha...

Due To Increased Demand From Hnwis And Foreign Investors, Real Estate Experts Anticipate An Increase In Home Prices And Rental Values. According to Zoom Property Insights, the high net worth individuals (HNWIs) and foreign companies' interest and rising demand are expected to drive up property prices. In addition, annual rent in Dubai in 2023, which will continue the city's upward trend. The luxury...

Following The Pandemic, Recovery Started As Numerous Foreign Workers Returned Along With The Improvement In The Job Market And An Influx Of Hnwis. Rents in Dubai will continue to rise in 2023, especially in the most sought-after areas where demand is outpacing supply. While rental growth in more affordable areas is anticipated to be moderate. Since 2014, the emirate's rents have been declining. But...

What Small Business Owners Should Think About Before Purchasing Commercial Real Estate It might seem like a bad time to invest money in a commercial real estate. Purchase for small businesses hoping to launch or grow their brick-and-mortar presence. For the 6th time in 2022, central banks around the world have raised interest rates, citing inflation risks amid forecasts of an impending global...

The Project Includes 788 Units In Three Towers, Including 39 Townhouses, 5 Villas, And 744 Apartments. Tuesday saw the announcement by Union Properties of the impending opening of Takaya. The company's most recent mid-to-high range property offering and its first brand-new project since 2015. The mixed-use development is a component of the company's turnaround plan. That will build in the Motor City...

The Emirate Has Experienced A Significant Increase In The Price Of Luxury Properties Of 88.9%. Which Represents The Highest Growth Worldwide. According to analysts, prices in Dubai real estate market are anticipated to rise. Even further as capital continues to flow into the industry. According to Zoom Property Insights, apartment rates have risen slightly by over 8.5 % so far this year. Whereas a 13 %...

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...

As Developers Will Only Be Able To Deliver 32,500 Units As Opposed To The Estimated 38,000 Units Planned For This Year. The Apartments And Villas Expected To Experience A Shortage Of At Least 15% Of Residential Units. Despite a high level of demand, the residential market in Dubai is predicted to witness fewer deliveries this year. As supply, chain problems and increased construction costs are...

Cityscape Is Dominated By Ready-To-Live Residential Developments. In order to speed up domestic investment in a number of upcoming residential communities that are family-focused. Developers in the UAE are changing their strategy. Additionally, development businesses are concentrated on offering useful assistance to assist potential home buyers. In making wise decisions before purchasing their first...

Millions Of Travelers Will Stop In Dubai And Abu Dhabi Over The Upcoming Month To Watch Football's Biggest Event. According to real estate industry executives, the city's top-notch safety, the best standard of living and the high returns it offers relative to other significant cities around the world will draw millions of soccer fans traveling to Dubai and Doha. For such Fifa World Cup fans to purchase...

Russian-speaking investors and property buyers are relocating to Dubai. As the conflict in Ukraine and sanctions against Russian-speaking individuals have pushed these people into the real estate market in Dubai. Dubai has a large Russian population with almost 100,000 residents. Before the Ukraine-Russia conflict, there were only 40,000 individuals in Dubai. However, after this conflict, almost 60,000...

This week, a single apartment at the Palm Jumeirah was sold for an astounding Dh1 billion. Setting a new record for Dubai real estate. The transaction was the biggest ever seen for the week going to end November 4. When Dh12.9 billion worth of real estate and property transactions were recorded. There were 3,995 transactions in total, including 3,126 apartments. As well as villas and 348 plots sold for...

A European Buyer Looking For A Home In Dubai For His Family Purchased The High-End Property At Palm Jumeirah. The media has once more focused on Palm Jumeirah after another expensive villa sold for Dh52 million. A European buyer, according per from Luxhabitat Sotheby’s International Realty, purchased a four-bedroom Raffles Royal Villa at the Palm. The property is a portion of the Raffles the Palm...

The 62-Story Building Is Outfitted With Five-Star Amenities And Smart Features. Sobha Realty, a Dubai-based company, announced on Thursday that its first iconic residential building will be opening on Sheikh Zayed Road. The 62-story S Tower will have 43 floors of opulent apartments in addition to six enclosed podium levels. According to P.N.C. Menon, founder and chairman of the Sobha Group, "The S...

The extravagant parties in Dubai will make you feel like Daddy Warbucks if you are not one. There are thousands of millionaires in Dubai. The decision of 13, billionaires, 202 % millionaires, & 67,900 millionaires to reside in this skyscraper-filled city. As their "humble" home should come as no surprise, right? In addition, with Dubai expected to rank among the top 20 richest cities by 2030. That...

If The Property Is Not Registered, The Buyer May Terminate The Purchase Agreement. I paid 40% of the property's cost to buy a property from a developer over a year ago. However, it later emerged that the developer had not registered the property in my name with the Real Estate Regulatory Department. When I asked the developer to register the property in my name. He responded that after the project...

Makeovers Generate Huge Profits In Dubai's Luxury Homes. Due to Mukesh Ambani's eye-popping purchases of villas in Dubai, those looking to sell ultra-luxury homes to billionaires (even millionaires will do) are employing the tried-and-true method of renovation, makeover, customization, and sale. Because there are not many brand-new, extremely luxurious villas available for purchase at the moment, it...

147 Plots Sold For Up To Dh1.12 Billion, And 2,023 Homes And Villas Were Bought For Dh4.79 Billion. As per figures released by the Dubai Land Department, 2,703 real estate transactions totaling Dh8 billion took place during the week ending October 21, 2022.  A total of 147 plots were sold for Dh1.12 billion, and Dh4.79 billion was spent on 2,023 apartments and villas. The top deals involved two pieces...

The $80 Million Home Ambani Previously Bought Is Just A Short Stroll From His Most Recent Purchase There. Mukesh Ambani, managing director and chairman of Reliance Industries Ltd. and the second-richest person in India, is said to have paid a record-breaking $163 million for Dubai's most expensive villa. Bloomberg claims that Ambani recently acquired the Palm Jumeirah mansion from a business tycoon's...

Residents Consider Several Factors When Selecting A Rental Property, Including Proximity To Work, School, And Community Amenities. Tenants in Dubai are increasingly choosing to renew their current apartments rather than relocate due to recent increase in rents. Because of Dubai's population growth, rental inventory is under severe strain. With occupancy levels achieving multi-year highs from across...

Many high-net-worth people have relocated to nations that are safe, stable, and experiencing rapid growth. Because of the crisis that began in February. Russian investors now outnumber those from India, the United Kingdom, and Italy as the top property buyers in Dubai. Russian investors come in second place, followed by those from the UK, India,  the US, Pakistan, Germany, Lebanon, France, Canada, and...

Ciel, Located In Dubai Marina, Will Surpass Another Dubai-Based Hotel, Gevora Hotel. The 365-meter-tall Ciel Tower in Dubai Marina will be the next-tallest hotel building in the world. That will not be finished for another year. After that, the first visitors will begin to occupy their rooms. The Ciel replacing the Gevora Hotel, which is 356 metres high and situated on Sheikh Zayed Road. As the...

One Of The Top 3 Transactions Was A Plot Of Land In Al Satwa That Sold For Dh44 Million. The Dubai Land Department has released data showing that 2,338 real estate transactions totaling Dh7.3 billion took place during the week ending October 14, 2022. (DLD). A total of Dh1.76 billion, 106 plots were sold, and Dh3.81 billion was spent on 1,791 apartments and villas. The top 3 transactions included the...

After Selling, A Villa On The Palm For Dh302.5 Million Alpago Properties Is Starting A New Project. The Palm is ready to welcome the Palm Flower, another ultra-luxury building. The 11-story structure is currently under construction. Alpago Properties, the developer, has a history of acquiring expensive deals on the island. Alpago actually constructed the Dh302.5 million house. Which is a part of a...

Only Four Of The World's 25 Largest Cities Fall Into The "Fair-Value" Category, And Dubai Is One Of Them. According to a report released on Wednesday, the real estate market in Dubai fairly valued. Moreover, does not face a bubble risk, despite other major cities around the world experiencing price bubble-like conditions with highly elevated prices. The UBS Global Real Estate Bubble Index 2022, an...

FIFA2022, Which Will Begin In The Qatari Capital Of Doha, Is Set To Bring The Upcoming Period Back Into The Spotlight In Dubai's Real Estate Sector. The focus of the entire world is on FIFA 2022, the current biggest tournament. From November 21 to December 18, the Qatari capital of Doha will host the FIFA World Cup for the first time ever in the Middle East. The FIFA 2022 World Cup has recently caused...

The 'Rent Valuation In Dubai' Service Assists Landlords And Tenants In Reaching A Rent Agreement. If you own a property in Dubai and have been unsuccessful in revising the rent, the 'Rent Valuation in Dubai' service provided by the Dubai Land Department (DLD) may provide you with a break during lease negotiations. Whether the existing rent on your villa or apartment is less than the market value....

Since The Covid-19 Pandemic, Rent Have Risen In The City. With Apartments' Increased Prices Quickly Approaching The Same Rate As Villas'. The Real Estate Regulatory Authority (Rera) rental index is becoming a go-to resource for tenants. As landlords issue more eviction notices and raise rents. After the Covid-19 pandemic, Dubai's rents began to rise. Along with apartment rent increases presently...

Experts Claim That This Neighborhood Is Superior To Similarly Recognized Rows In London And New York. Because It Is Home To A Number Of The Priciest Villas Ever Sold In The Emirate. One of the renowned Palm Jumeirah fronds is quickly building up a unique reputation among the ultra-rich. Frond G, one of the smallest on the Palm, is standing tall when it comes to recent record-breaking property sales....

Off-Plan And Secondary Property Sales In Q3 Reached Their Highest Levels In 12 Years, With Nine-Month Sales Increasing To Dh125.2 Billion. The value of property transactions in Dubai reached a nine-year high in September. Because of increased demand in the off-plan and secondary markets. The number of real estate transactions increased by 13.34% to 8,649 in September. While the value of those...

Rents In Dubai Rise By 25%, Prompting Landlords To Seek RERA Assistance In Justifying Higher Rent Demands. More landlords and tenants are attempting to reach an agreement on rent increases during renewals. Because of the more than 25% increase in Dubai's residential rents. To determine whether they are qualified to request an increase, landlords are turning to the RERA (Real Estate Regulatory Agency)...

The DAMAC Project In The Desert Will Make 75% Of The Water Swimmable. The property market in Dubai has its fair share of waterfront mega-developments. Dubai also has interior towns with 'lagoons' and 'beaches' that are extremely appealing in their own. However, a project created on a dry environment that will see 1 million sq. ft. of it flowing with water when completed in the next four to five years....

On A Plot Of Land Measuring 28,000 Square Feet, The Eight-Bedroom, Ultra-Luxury Casa Del Sole Was Constructed. Over Four Levels, Including A Basement, First Floor, And Second Floor. The priciest villa in Dubai has been sold for Dh302.5 million. Alpago Properties sold Casa Del Sole, a double signature villa on Palm Jumeirah Billionaires' Row, via broker B1 Properties. Soata and CK Architecture created...

To Make Recommendations On Behalf Of Investors, Choose Developers And Real Estate Brokers. Off-plan home buyers in Dubai now have the option of receiving UAE Golden Visas, provided that their investment is worth at least Dh2 million. Select real estate agents and developers may recommend to the immigration authorities that certain buyers have satisfied the investment requirements and qualify for a...

A Floating Movie Theatre Over A Body Of Water, A Doctor On Call, A Daycare Center For Children, And An Electric Car Charging Station Are Among The Amenities Of The Property. Opalz, the third project by Danube Properties, sold out on the first day of its debut this year, reflecting growing investor and public confidence in the builder and Dubai's real estate market. 13 of the 17 projects that the...

The Property Where the Mansion on Front G Is Located Is famous As Billionaires' Row. As sales of luxury real estate in the city soar, a mansion built on Palm Jumeirah island has broken the record for the most expensive home ever sold in the emirate. According to the villa's developer Alpago Properties, the Casa Del Sole villa sold for Dh302.5 million ($82.4 million) as it was sold in July. Due to...

In August, 9,720 Sales Transactions Were Recorded In Dubai's Real Estate Market. According to Mo'asher, the real estate market in Dubai had its best monthly performance in ten years in August. The Dubai Land Department (DLD) and Property Finder jointly launched Mo'asher, the cities official Sales Price and Rental Performance Index. In August, there were 9,720 sales transactions in the Dubai real estate...

Because Mortgage Transactions Account For Only A Quarter Of All Home Sales. Rising Rates Will Not Have A Significant Impact On The Emirate's Real Estate Market. According to experts, the ongoing rise in interest rates will not have any impact on Dubai's real estate market. Which will continue to rise at a steady rate due to rising demand. Rising interest rates will not have a significant impact on the...

How to Use the Dubai REST App to Complete the Registration Process Residents of the emirate have been given two weeks to register the people they are sharing their homes with. Whether they are owned or rented, according to the housing department. DLD announced the registration of co-occupants in owned and leased properties to all owners, developers, property management firms, and tenants. All...

More Information Released About The New Rules Procedure And The Paperwork Need. The Dubai Land Department (DLD) provided additional information regarding a new requirement that residents register any cohabitants in residential units. According to the authority, co-occupants who are staying in a unit for a month or longer must register. The following listed documents are necessary in the...

The Landlord And Tenant May Agree Upon The Number Of Tranches And Amounts For Each Rent Payment. I am trying to find a rental apartment in Dubai. For the annual rent, every agent I have spoken to wants four cheque payments. However, I will not be capable of paying for three months' worth of rent at once. Does the law that yearly rent is must to pay in four installments require it? Is there a way I can...

The Dubai REST App Can Be Used To Register. Residents of Dubai have 2 weeks to register all apartment cohabitants. Developers, Owners, property management firms, and tenants have all been informed by the Dubai Land Department to register the names and contact information of any co-occupants in owned and leased properties. A Dubai Land Department circular mandates that registration be finished with...

Existing Home Buyers Must Carefully Consider Their Mortgage Options To Offset Rising Mortgage Costs. To attract end-user buyers, Dubai developers are using a term they have not used in a while: discount. Following the US Fed rate hike on Wednesday. Mortgage rates in the UAE are increasing by 0.75%. In addition, some developers are attempting to allay end-user concerns regarding their mortgage costs...

Additionally, It Costs Less To Purchase Residential Properties Outside Of Cities. Being a city girl who loved the convenience of everything that came with it, Filipina expat Rachel Delacruz. However, when she became pregnant with her first child, she suddenly felt the need for so much "own personal space." She made the decision to relocate to DAMAC Hills 2, a suburb that is about 50 kilometers from her...

When It Comes To Ready-To-Move-In Homes And Longer Payment Terms, Developers See Opportunities. Dubai developers are using the rising cost of rent as a justification to persuade potential end-user buyers to purchase a home rather than continue to rent. In addition, developers are supporting that with enticing offers for homes that have just been delivered or that will do so soon. Their sales...

Homes In The Neighborhood, Which Is On Jumeirah Bay Island, Provide Views Of The Famous City Skyline And The Arabian Gulf On Opposite Sides. A five-bedroom townhouse with 4558 sq. ft. just sold in DH 35.5 Million. According to Driven Properties, this makes it the most expensive townhouse to be sold in all of Dubai. On Jumeirah Bay Island, there is a property that is a part of the Villa Amalfi...

The Most Expensive Land Deals And Per-Square-Foot Prices Have Been In An Upscale Island Community. A townhouse sold for Dh35.5 million in Dubai Jumeirah Bay. As one of the most prestigious locations, Jumeirah Bay has always been the center of attention for investors. Due to this, it might be the most expensive townhouse ever sold in the city. A plot in the Villa Amalfi development on Jumeira Bay...

Whether you are looking for luxury apartments or affordable apartments, Dubai has something for everyone. There are several factors to consider when choosing a Rent apartment in Dubai, such as your budget, desired location, type of apartment, and building facilities. Luxury areas include The Palm Jumeirah, Business Bay, and DIFC, while more affordable areas include Sheikh Zayed Road and Dubai Marina. In...

By The End Of August, Average Rent Increases In High-Demand Areas Will Be Closer To 35%. It seems unrealistic to anticipate a slowdown in Dubai's housing market in the upcoming weeks. Within Dubai's freehold areas, there were over 36,800 "Ejari" contracts signed by landlords and tenants just in August. In addition, those figures are 9.7% higher than they were a year ago. The total includes both renewed...

New Villa On Frond G Will Complete In Q1-2023, According To Alpago Properties New luxury properties are coming up in Dubai every day. Big businesspersons from all over the world are showing interest in buying these luxury properties. That is why their demand is increasing day by day.   That is why Dubai property deals offer something new every day. Pools, elegant designs, high-end interiors,...

There are several options when it comes to Dubai Rental Properties. Some properties are listed by the landlord, while others are handled by agents. In most cases, these agents are English and few are native speaking and will schedule viewings. If you want to see an apartment for rent, call the agent and arrange for a viewing. They are usually open on weekends and can help you find an available apartment....

According To Data from CBRE, the Average Rent In Dubai Increased Year Over Year To 24.8% in August 2022 From 23.7% A Month Earlier. As per predictions, rents in Dubai are expected to begin to level off in near future because of increased supply. According to CBRE data, Dubai's average rent increased year over year in August 2022 from 23.7% to 24.8%. According to Taimur Khan, head of research Mena at...

A Step-By-Step Comprehensive Guide For Use In Dubai, Abu Dhabi, And The Other Emirates Do you want to apply for a UAE Golden Visa but are unsure where to begin? Recently, the UAE announced an amendment to the nation's visa policy, with the new visas taking effect on October 3. The categories that qualify for a Golden Visa have also been enlarged, according to the release. So, are you eligible to...

Office rents in Dubai are rising for the first time in six years, faster than in New York or London. As international banks and companies, expand into financial hubs known for their adoration of glitzy construction. ICD Brookfield Place, a skyscraper that soars 928.5 feet (283 meters) above the financial district, is one example of how the emirate is experiencing a rush for office space. Although the...

The Dubai Land Department's Rent Valuation Service Is Removing Obstacles to Rent Increases. A key to resolving any impasse in lease negotiations between tenants and landlords is quickly emerging as the rent valuation service provided by Dubai Land Department. Market sources claim that the valuation is completed within a few days. In addition, that everyone involved in the rent negotiation process now...

Investors Can Easily Transact In Real Estate "Shares" Thanks To The Crowdfunding Portal Smartcrowd. Using the SmartCrowd crowdfunding platform, investors can buy and sell shares in real estate that the company has purchased using their funds. Usually, these investors must hold onto their "shares" of that specific property until its value increases. These shares can now be traded whenever someone...

The "Holiday Home Concept" Is Becoming Increasingly Popular Among Landlords. As per real estate industry executives, UAE residents renting for the first time will likely pay more for smaller spaces. Due to an increase in rentals and a shortage of villas. Since the pandemic imposed movement restrictions, there has been an increase in demand for larger apartments and villas. Even though Covid cases...

The real estate market in Dubai has undergone a major transformation over the past decade. Real estate prices have skyrocketed. Now, more than ever before, prospective buyers are looking to Invest in Dubai. The availability of information on the internet has also made it easier for people to access listings. Also, the top real estate ad platform in Dubai like Dubizzle has made it smooth. With so many...

If you are looking for a safe investment, you should invest in Dubai's real estate market. It offers many advantages, such as no income or capital gains tax. In addition, a cosmopolitan city is a popular tourist destination. You can also expect to make a high return on your investment because of the high demand. In this blog, I am going to share top four benefits of investing in Dubai property sector. Let...

Property Management Companies Desire Service Fee Defaults to Appear On Credit Reports. Failure by homeowners to pay their properties' service charges could result in significant future financial hardship. Similar to how late payments for credit card balances or recurring utility bills affect credit score ratings; these defaults may be reported in the person's credit report. Leading homeowners...

Builders Expect A Noticeable Increase In Buying Activity As Final Government Approval Approaches. According to market sources, Golden Visas for investors with Dh2 million or more in Dubai property assets should begin to be given out in October. The update brings, as developers get ready for more off-plan launches. In addition, those with prices above Dh2 million come with developer guarantees. Those...

Property Portals Raise Prices For All Listings By 30–40%. Sources report that some of the top real estate listing websites have raised their rates or plan to do so soon. The power of portals has increased because of recent modifications to Dubai's property advertising regulations. The number of brokers and agencies permitted to represent and list any given property has been restricted by directives...

By The End Of The 3Q Of 2024, Skyz Project Will Be Built And Delivered By Naresco Contracting. Naresco Contracting has been chosen by Danube Properties to serve as the main contractor for the building of Skyz Tower. A high-rise residential tower with a Mediterranean design and a development value of more than Dh475 million. In Arjan, close to the Miracle Garden and with quick access to the...

Imagine that you are about to move into your new flat, but dread sets in before excitement do. It is a laborious process, and chances are you have some furniture you do not need anymore. Then, what happens? Do you abandon it on the sidewalk? Maybe give it to a friend? Alternatively, waste hours attempting to resell it on classified websites. The average millennial moves around ten times before settling...

Dubai Recorded Over 9,450 Transactions in August Approximately One of the priciest real estate transactions ever to take place in the emirate of Dubai. That involved a five-bedroom apartment that sold recently for Dh163 Million. The Royal Atlantis Residence on Palm Jumeirah is where the 22614 sq. ft. apartment is situated. According to FAM Properties, the Business Bay community had the best result in...

Uptown Tower Will Offer 495,000 Square Feet Of Grade A Space When It Is Completed At The End Of The Year. Prior to its finalization later this year, Dubai's newest skyscraper, the Uptown Tower, has completely leased all of its office spaces. This indicates that tenants have reserved the 495,000 sq. ft. of Grade A office space. That is currently available across 22 floors as the master-developer DMCC...

Rents For Villas And Apartments In The Most Populated Areas Are Made Public. The most sought-after communities in Dubai for residence in 2022 will be Downtown Dubai, Dubai Marina, and Business Bay due to their dynamism and distinctive lifestyle options. The other most frequently searched areas in the emirate are Jumeirah Village Circle, Palm Jumeirah, and Jumeirah Lake Towers, according to the most...

Shareholders Of Emaar Are Pleased As The Stock Soars Past Dh6 In Early DFM Sessions. Emaar has scheduled a shareholder meeting for September 21 to obtain their approval. Before issuing 659.05 million shares at Dh1 apiece in order to increase the developer's capital. The developer's new capital will be Dh8.83 billion as a result. A "special resolution" to eliminate the requirement that UAE and GCC...

Atlantis Penthouse The Royal Resort & Residences Was Bought Last Year For Dh180 Million. Atlantis, the largest penthouse on the Palm Jumeirah Dh163 million was paid for The Royal Residences. The 25,208 square foot five-bedroom triplex penthouse has many amazing facilities. Including terraces, two private pools, a private elevator, a sky garden, and floor-to-ceiling windows with 360-degree views of...

Let us say you want to invest in real estate in Dubai. In such a case, Dubai Hills Estate is a must-consider option, ranking among the most well-known areas thanks to its advantageous settings and first-rate amenities. Additionally, a freehold development that Emaar Properties and Meraas holding collaborated on to create a high-end luxury home. The most recent project of hills estate is Address hillcrest...

This Year, the Value of Real Estate Transactions Could Exceed Dh300 Billion. Because Of New Government Initiatives That Will Further Promote Market Credibility, Transparency, and Investor Confidence. According to analysts, the government's most recent real estate investment policies will improve investor confidence in the expanding industry. In addition, strengthen market credibility and openness....

Demand For Apartments Increased By 40% In The Upscale Residential Market, Outpacing That For Villas. In the 2nd quarter of 2022, sales in the Dubai real estate market totaled Dh47.3 billion. Up 9.8% from Dh43.06 billion in the corresponding quarter the previous year, according to data. 4,166 townhouses, 1,836 villas, and 13,857 apartments in total were sold during that time. The volume of sales in...

If you have been looking for a property in the UAE, then the right time to buy is now! The market has seen significant growth over the past few years. In addition, Real estate Dubai 2023 is expected to continue growing. New supply is only just coming on the market, so the price of properties is expected to increase gradually, by 20 to 25 percent per year. The demand for property in Dubai is still very...

Ten-Year Residency Will Be Offered To Developers As Part Of Incentives Starting In September. Golden Visas are in demand right now, and developers in Dubai are well aware of this. From September, developers are planning off-plan launches aimed at investors who want to use the Golden Visa route. In addition, how should it be done? More options should be available in the crucial Dh2 million and above...

High-End Apartments Will Be Available In Cavalli Tower, Safa One De Grisogono, And Safa Two De Grisogono. Three of DAMAC Properties' most opulent developments in Dubai now offer a variety of penthouses as well as luxury apartments. With views of The Palm Jumeirah from Dubai Marina, the developer's Safa One de Grisogono, Safa Two de Grisogono, and Cavalli Tower all contain its Skylofts...

In The Upscale Residential Market, The Popularity Of Apartments Increased By 40% More Than That Of Villas. Sales in the Dubai property market were Dh47.3 billion in the q2 of 2022. Data showed a 9.8% increase over Dh43.06 billion in the same period last year. During that time, 13,857 apartments, 1,836 villas, and 4,166 townhouses were sold. Jumeirah Beach Residence, Mohammed bin Rashid City, Downtown...

Foreign Investors Invest Billions Of Dirhams In The Emirate's Real Estate Each Year. The Industry Has Been Recovering Strongly Since The Pandemic, As Evidenced By The Record-High Number Of Transactions. Dubai Realty companies are required to include the official permit number issued by Rera on advertisements in addition to other information about the business and project. The name of the real estate...

Dubai: Ahead of the demand that would exist during the FIFA World Cup in Doha late November. Landlords and real estate investors in Dubai are converting their apartments from annual rentals to short-term leases. Since their owners want to test their properties before the matches in Doha begin. A sizable number of recently transferred properties are also being placed in the short-stay market. As footballs...

According To An Expert, This Is The Greatest Value Transaction Since The Beachside Property Opened 13 Years Ago. According to Luxhabitat Sotheby's International Realty, the single largest residential land transaction in Jumeira Bay Island covering 46,222 sq. ft. of prime beachfront location has been finalized for Dh180 million. Jumeira Bay, which is starting to resemble Monaco's Larvotto neighborhood,...

Rental Properties With A Good Value Include Dubai Silicon Oasis & Discovery Gardens. With landlords asking for an average of 23.7% more in the 12 months starting in July 2021. The pace of rental hikes in Dubai is at its highest level since May 2014. According to a recent market update from the consultancy CBRE, a relatively new two-bedroom apartment in some of the popular rental areas in Dubai...

Values For Residential Properties Are Now A Whopping DH 1100 Per Square Foot. Dubai's property price growth is going to slow down, but that still follows a spike of 10.1 percent between April and June. In such a way that compared to an average of Dh800–Dh900 PSF a year ago. The average sale price has surged to almost Dh1100 today. With estate brokers claiming that demand for homes priced at Dh40...

Transactions Include Sales, Mortgages, And Gift Arrangements On Monday, the Dubai property market saw 528 sales transactions totaling Dh1.28 billion, as per Dubai's Land Department (DLD). Additional 91 mortgage agreements worth a combined Dh169.72 million and 10 donation agreements worth a combined Dh23.06 million were made. The sales included 71 land plots valued at Dh387.16 million and 457 homes...

Because The New Rule Just Tightens The Existing Ones, Agents Should Not Have Any Issues Complying. Dubai: A leading lawyer predicts that the UAE's initiative to regulate cryptocurrency payments in property deals would be successful right away because the industry is currently well regulated. The UAE said on Monday that real estate brokers would need to notify the specialized unit in charge of...

Skyrocketing Real Estate Sector among Factors in Rising Global Interest in Emirate Dubai has continuously strived to improve its first-rate infrastructure. Which now offers a superior quality of life and makes the Emirate a great place for people to relocate as well as businesses. Contrary to popular opinion, tourism makes up close to 20% of Dubai's GDP, while fossil fuels contribute less than...

Along With Constructing Such Skyscrapers, Attention Was Also Put On Developing A Community Atmosphere. As master-developer, DMCC raised JLT's numerous min-clusters and the general vibe of it with caution. Harold Samuel, who was born in north London in 1912, first studied to be a surveyor before switching to real estate in 1944 and finally purchasing Land Securities Investment Trust. His keen eye for...

Emaar's Backlog Of Domestic Sales Is Currently Dh32.75 Billion. Emaar Development, which concentrates on Dubai, sold Dh15.21 billion worth of real estate in the first half of 2022. A 10 percent rise from the same period in the previous year. The Emaar data support Dubai's record-breaking real estate sales over the past 18 months. Emaar Development generated revenues of Dh7.28 billion and an EBITDA of...

Mega Agreement With Dubai Holding Is Anticipated To Finalize On September 27. Dubai Holding will become Emaar Properties PJSC's second-largest shareholder after Emaar Properties PJSC revealed on Thursday that it would increase its preference for Dubai Creek Harbour. Significant development along the waterfront of historic Dubai Creek, from Dubai Holding for a consideration of Dh7.5 billion. The deal...

7,092 Total Sales Transactions Were Recorded In The Emirate Last Month. 42,698 Rental Leases Were Registered, Of Which 56.04 Percent Were New Leases And 43.96 Percent Were Renewals. By generating a record Dh21 billion in investment through 7,092 sales agreements in July. The strongest start to the second half of the year in the previous 12 years. Dubai real estate has once again demonstrated its...

In a 7.5 billion dirham ($2 billion) deal, Emaar Properties announced on Thursday that it was buying out its joint venture partner in a Dubai property development. As a result, the ruler of Dubai will move up to the developer's second-largest stakeholder position. The leading developer in Dubai, Emaar, said in a statement that it has achieved an agreement with Dubai Holding, the investment vehicle of...

Purchase Commercial Real Estate via Investo For The Estimated 10% Return. Investors in freehold commercial land in Dubai have chances with Investo, the dependable investment partner. Investors can obtain predicted returns of 10% with a minimum investment of Dh900000. This investment strategy places more of a focus on international investors. Because it qualifies them for investor visas and guarantees...

Tenants Believe It Makes Logical To Pay Their Current Landlord More Given That New Leases Have Increased By 20–30%. In Dubai, more tenants are choosing to stay put while rents are rising since it is the simplest choice. Residents are prolonging their present leases rather than moving to new homes and the significantly higher rentals, which come with them. The most recent home rental transactions...

After Adopting An Effective Plan To Combat The Covid-19 Pandemic And Implementing Recent Immigration Improvements, Dubai Is Expected To Do The Best For The Rest Of 2022. According to the latest report, Dubai's property market continued to persist and ranked 4th globally for luxury housing capital value development during the first half. With prices rising 4.7 % compared to an average of 2.4% across...