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31.05.20236741Al 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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30.05.202310025The purchase of real estate in Dubai includes several stages, which include the selection of an object, making an expression of interest (deposit), booking, signing a contract of sale, and transfer of payment. We tell you what you need to take into account when concluding a transaction and what ways you can pay the seller. Content: Purchase...
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25.05.202312887In the last year, Dubai has become particularly attractive for expats, freelancers and digital nomads. Today the Emirate is one of the best places in the world not only for short- but also long-term residence. How can a foreigner rent real estate in Dubai, what status should he have and what documents will be required for this? We will answer these...
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24.05.20235184In Q1 2023, the value of real estate transactions in the capital of the UAE increased by 147% compared to the same indicator in 2022, and the concluded purchase and sale agreements increased by 66%. Such data is contained in the report of the Department of Municipalities and Transport of the Emirate. Compared to Q4 2022, in the first 3 months of...
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18.05.202315643Real estate in Dubai is sought after by potential buyers from various countries. The popularity of housing is determined by the opportunity to obtain a residency permit after purchase, a high return on investment, a stable UAE economy, and many other factors. Property developers are using marketing techniques to offer properties for sale off plan...
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17.05.202310691In Dubai, 30,767 housing purchase and sale agreements were completed in the first three months of this year, totaling AED 87.9 billion ($ 23.96 billion). Rent in the villa segment rose by 89% while housing costs grew by 24%. This is in accordance with information released by the emirate's Land Department. Content: Most Sought-After Areas: Dubai...
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16.05.20237154Dubai’s real estate market is setting records. Investors, developers, and other market participants remain positive despite the threat of a global recession. Let’s look at the figures that make them so enthusiastic. Content: Results of Q1 2023 Growing popularity of apartments Rental market The most popular districts in Q1 2023 Mortgage...
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11.05.20237379Real estate in Dubai is becoming increasingly popular, especially now that foreigners working remotely have the opportunity to apply for a digital nomad visa and legally reside in the UAE for a long time. This Digital Nomad Visa in the United Arab Emirates was introduced in the autumn of 2022. Let's take a closer look at the advantages of this visa...
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10.05.20235977According to the latest report from the CBRE consultancy, the average apartment prices in Dubai rose 14.5% to AED 1,256 (342%) per square foot, while average villa prices rose 14.9% to AED 1,484 ($404) per square foot per annum. The pace of sales on a monthly basis also accelerated, with apartment prices up 1.8% and villas up 2%. Although the...
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09.05.202310352The soft tax policy, economic stability, and the increase in the influx of expats and tourists have made Dubai an excellent location for doing business. Today many people want to buy not only residential but also commercial property in Dubai to convert it into cafes, shops, restaurants, and other infrastructure facilities. You can also purchase a...
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