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10.07.20234853Analysts from the UK have estimated that in the first six months of 2023, luxury real estate worth $3 billion was sold in Dubai. Only transactions with objects worth $10 million and above were taken into account. According to the study, 176 real estate transactions worth more than $10 million were made in Dubai in six months. Most of the...
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10.07.20235067Real estate experts analyzed the situation in the Dubai market and came to the conclusion that prices in the market will not fall in the near future. According to analysts, Dubai has found in a unique position. At the moment it attracts investment and migration from both Western countries and Asian countries. This fundamentally...
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09.07.20234820An 18-storey residential complex will be built in the Emirate of Ras Al Khaimah. The artificial archipelago of Al Marjan, popular with tourists, was chosen for the development. The project consists of two 18-storey buildings and offers buyers a choice of apartments with layouts from one to four bedrooms. A total of 206 apartments, six...
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09.07.20234929In Dubai, the most expensive townhouse with an area of 2,130 m2 in the history of the local real estate market has been put up for sale. The house is being asked for AED 460 million ($ 125 million). The townhouse is located near the coastal areas of Umm Suqeim, Umm Suqeim 2 and Umm Suqeim 4. These areas are considered prestigious...
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09.07.20235349Elitz 2 will be built in Dubai, offering a choice of small studios, as well as one-two- and three-bedroom apartments. The project consists of two towers with 39 and 45 floors. Elitz 2 will be built in the Jumeirah Village Circle (JVC). The total cost of construction is estimated at AED 900 million ($245 million). The project will use...
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09.07.20235652In the first six months of 2023, the Dubai real estate market set an absolute record in comparison with similar periods of previous years. According to preliminary data, 61,000 transactions were made totaling AED 179.34 billion ($48.83 billion). The record was achieved largely due to the outstanding performance of March, May and June 2023...
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09.07.20234000June 2023 was a record year for Dubai in terms of real estate transactions, despite the Islamic holiday of Eid al-Adha. In June, 10,405 real estate transactions totaling AED 30.3 billion ($8.25 billion) were registered in the emirate. This is the best June figure in history. Prior to that, June 2009 was considered a record with a total...
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06.07.20238860In the United Arab Emirates, real estate transaction statistics for January to May 2023 show a very marked increase compared to the same period in 2022. This applies to both the established, stable market of real estate in Dubai and the rapidly developing Abu Dhabi market. Content: Dubai results Abu Dhabi market results Mortgage transactions...
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05.07.20235163Experts are confident that the Dubai real estate market is not threatened by a sudden collapse or a slowdown. On the contrary, the market will develop for a long time. Positive reasons include the emirate’s rapid population growth, low taxes, and low property prices, which are still far from London, Paris or Hong Kong. Content: Prices and...
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04.07.202311007Real estate in Dubai is in demand among tenants and buyers from around the world. One of the reasons for this is that the UAE is included in the list of the safest locations on Earth. Strict laws are in force here, and the police work is well organized. The consequence of this is a low crime rate. But are there any risks for travellers and expats...
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