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06.07.20238862In 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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05.07.20235194Experts 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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04.07.202311019Real 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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03.07.20235304Dubai expects rapid development of the protech segment of the real estate market, experts say. New digital solutions will make it possible to manage real estate investments more efficiently and open previously inaccessible opportunities for buyers and investors. By June 2023, Dubai has become home to 55% of all pro tech startups in the...
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03.07.20234866In Abu Dhabi, sales have begun in The Source II residential complex. This is the second stage of The Source project, an expensive residential complex on Saadiyat Island. There will be 148 apartments in the residential complex. Within walking distance of the residents will be the Soul Beach Beach Pavilion (South Beach), the TeamLab...
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03.07.20236575The Floating Seahorse project is due to be completed in Dubai by the end of 2023. These are “floating villas” with underwater floors. In total, the project includes 131 three-storey villas. In each villa, one floor is under water. The area of each villa is about 372 m2, on which there are, among other things, two bedrooms and three...
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03.07.20234687Sales of the third stage in a large residential area of South Bay have started in Dubai. The project belongs to luxury real estate in the center of Dubai, has an artificial lagoon and a coastal zone 3 km long. The new stage is called South Bay Phase 3. It includes more than 200 objects. Among them there are semi-detached villas with four...
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03.07.20235649A new luxury residential complex in the coastal zone will be built in Ras Al Khaimah. As a location, the developers chose Mina Al Arab, a resort agglomeration and the most expensive area of the emirate in terms of real estate prices. A residential complex will be built on Hayat Island. The project, which has not yet been named, will be...
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03.07.20235299Dubai came out on top in terms of the number of branded residential complexes among cities in Europe, the Middle East and Africa. London is in the second place of the rating with a strong lag. Notable projects include Bugatti residences, also known as Sky Mansions. This is a residential complex, a penthouse in which costs AED 750 million...
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03.07.20234018Experts estimate that in May 2023, real estate transactions worth AED 2.4 billion ($653.4 million) were made in Sharjah. A total of 3,540 transactions took place in all cities and districts of the emirate. Such data was collected by Sharjah Real Estate Registration Department (SRERD). According to the department's report, the real...
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