News and articles

  • The giant of the hospitality industry Wynn Resorts has announced the name of its new multi-billion-dollar integrated resort, which will be built in Ras Al Khaimah on the island of Wynn Al Marjan. The company also presented the design concept of its first beach resort in the Emirate.   The US-registered developer and operator of luxury...

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  • Jumeirah Bay Island in Dubai, also now known as the "island of billionaires", has felt a sharp surge of interest from the super-rich people despite the fact that real estate prices on this artificial island have risen sharply. On the island of Jumeirah Bay Island, where ultra-luxury real estate and luxury developments such as Bulgari Lighthouse...

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  • According to experts, the average rent for a 1-bedroom apartment in the UAE varies from AED 35,000 to AED 40,000 per year ($9,530 - 10,900), while an additional surcharge of 20% or more may be charged for new apartments. Tenants in the UAE are increasingly moving to higher-quality real estate, increasing rents in new buildings and Class A...

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  • Tenants in Dubai are increasingly seeking to buy property in the property, fearing eviction from landlords due to rising rents, said Richard Wade, managing director of the group of companies in the Dubai real estate sector. According to the group's report for Q1 2023, the supply of new residential units remains limited in both the sales and...

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  • Dubai's leading private developer, Danube Properties, expanded its portfolio of branded residential projects yesterday by launching the ultra-luxury Fashionz tower in partnership with FashionTV in the wake of the leading demand for luxury and branded residential real estate in the local real estate market.   Located in Jumeirah Village...

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  • From penthouses in the city center to real estate by the sea on Palm Jumeirah — luxury housing for a short time is popular — and dictates the appropriate rental rates. However, the situation is changing as inexpensive locations for short rentals appear that attract travelers.   Landlords offering short-term rentals in Dubai on this Eid...

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  • Real estate transactions in Dubai jumped by 80% to 157 billion AED in the first quarter of 2023, compared with 87 billion AED received from the sale of real estate in the emirate in the same period of 2022. The emirate's real estate market has experienced unprecedented growth, which began last year and will not weaken in 2023. The number of...

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  • The property, located within a 15-minute walk from Dubai Metro stations, has increased in price by up to 77% over the past five years.   According to a study published by CBRE consulting company, real estate prices located within a 15-minute walk from the Dubai Red Line metro station increased by an average of 26.7% in the period from Q1...

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  • Renting a house or apartment in Dubai can be challenging, especially if you are visiting the emirate for the first time. The intricacies involved with the housing market, local laws, paperwork, and signing of various forms can be confusing for the uninitiated. We will inform you about the nuances of renting property in Dubai...

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  • Al Habtoor Group announced the construction of one of the world’s tallest residential towers. The project called Habtoor Tower will have 81 floors and have an area of about 327,000 sq. m. The building will include a total of 1,701 residential units. At the moment, there is no information about its height and price. Content: Location Project...

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