Dubai Property Market

High Demand Will Absorb Supply, Says Danube Properties' Chief Despite numerous new launches, the Dubai property market is expected to remain stable over the next four to five years. Rizwan Sajan, founder and chairman of Danube Properties, predicts that high demand will keep oversupply at bay, even as new properties enter the market. High Demand to Absorb Incoming Supply Rizwan Sajan explained...

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...

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....

Metropolitan Homes Will Offer Real Estate Services To Sellers And Buyers In The Secondary Market. Due to a growing number of long-term residents and a surge in interest from foreign HNWIs seeking to invest in second homes. Demand for ready-to-move-in apartments & villas in Dubai has continued to grow steadily throughout 2022. Making the city's completed residential stock an appealing investment...

Due to the government's relaxation of most pandemic-related restrictions, which will boost the tourist, aviation, hospitality, logistics, and retail sectors, experts believe Dubai real estate is poised to resume growth. The property sector will ultimately benefit from the relaxation of travel restrictions. That added in place to prevent the Covid-19 outbreak, according to analysts, top executives, and...

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...

Dubai property market rise has continued into May, with sales totaling DH 18.3 Billion. This is the second-highest May total since 2009, after Dubai Marina. The best prices may be found in Downtown and Springs. In May, a Dubai Marina apartment purchase was fixed at DH 1.8 Million, far higher. Than the DH 1.3 Million to DH 1.4 Million that was the going pricing a year before. According to market sources,...

Dubai's Super-Prime Luxury Property Sales in 2022 May Surpass the 93 Units Sold In 2021 Dubai: Over the first three months, cash-ready purchasers from the UAE and abroad purchased slightly over 30 $10 million properties in Dubai, setting the stage for another record year for super-prime' residential sales in the city. In 2021, there were 93 sales of $10 million or more. According to Faisal Durrani,...

The modern villa boasts a massive 33,000 sq. ft. of fantastic living area. On the Palm Jumeirah, a new 10-bedroom custom-built mansion has sold for a record Dh280 Million. The 33,000 sq. ft. modernist white home boasts extraordinary living space, seven-star spa hotel amenities (including a gym as well as a beauty salon), and imported and hand-picked book-matched Italian marble. The property has...