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20.04.20233875The population of Dubai has been more than 3.5 million people since the beginning of 2023, and according to various sources, only 10–20% live in their own residences. Everyone else rents property in Dubai. However, this does not lead to chaos, as long as everything about renting, including contract templates as well as rights and obligations of...
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18.04.20236030Nowadays, Dubai is one of the most developed metropolitan areas in the world. Low local taxation and explosive economic growth make the city a great option for real estate investment. Most buyers prefer to buy apartments in development projects in Dubai because of their rising cost by the time construction is completed, the reliability of local...
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16.04.20233337In March, Dubai recorded a 53% increase in the value of real estate transactions compared to the same indicator in 2022. The total value of concluded transactions reached 34.2 billion AED ($9.3 billion). This success is due to the growing demand against the background of a broad economic recovery. In March, 12,000 real estate transactions were...
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16.04.20233063Buyers are actively buying up housing where developers are ready to reduce the initial payment to only 5-10% and fully assume registration and other fees. In some cases, the initial payment may be as little as 1% or even a fixed amount of 50 000 AED. Today, investors are more attentive to the size of their down payments rather than whether...
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16.04.20232909New real estate in Al Wasl is becoming new favorites as wealthy investors continue to look for the most profitable and affordable options for investing in Dubai real estate. There are likely to be newer project launches in these specific locations soon, as developers are increasingly offering options outside of Palm Jumeirah Island and the Emirates...
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16.04.20232910The UAE ranked 1st in its region and 3rd in the world after China and India among the world's emerging markets, according to the Kearney FDI Confidence Index (FDICI) for 2023. Other Middle Eastern countries included in the list of the 25 largest emerging markets in the world are Qatar (4th place), Saudi Arabia (6th place), Egypt (14th place),...
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16.04.20232746Since 2022, Dubai's branded luxury residential real estate market has recorded record growth: sales exceeded 25 billion dirhams, which is 80% more than last year, setting a new sales record for the market. The latest analysis conducted by the international consulting agency Knight Frank shows that the Dubai branded residential real estate market...
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16.04.20232496Dubai's real estate sector is expected to benefit from the arrival of 65,000 new residents in the emirate who have recently received golden visas. Walid Al Zarooni, CEO of one of the Dubai brokerage companies, is sure of this. Walid Al Zarooni added that gold card holders are always potential investors in Dubai real estate and each of them...
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16.04.20232249The developer and operator of hotel real estate in Dubai, The First Group, has opened the doors of its beach club, the Soluna Beach Club, located on the Palm Jumeirah Island embankment in Dubai, which is positioned as a modern resort in the Mediterranean style. The Soluna Beach Club is located on the territory of the Residence Balkis...
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13.04.20237694Against a backdrop of rather gloomy forecasts in the global economy, the explosive growth of Dubai’s real estate market has been raising questions for many observers in the last couple of years. Is there any reason for such growth, other than the feelings of buyers? Is the market overvalued and are we seeing a price bubble forming? Let’s look into...
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