Sign in
Sign up
News and articles
-
02.04.20234729Keturah is a brand of luxury residential and hotel real estate from MAG. The mansions in the Keturah Reserve project, the cost of which will cost 3 billion AED ($ 820 million), are located in the Meydan district of Dubai. With this residential complex, Dubai developer MCG reinforces its recent launch of mansions in an elite residential complex...
Read more -
02.04.20235372On March 24, 2023, 3,164 real estate transactions worth 8.6 billion AED were made. This information was provided by Dubai Land Department (DLD). According to DDL data, 2,177 apartments and villas were sold for a total of 4.73 billion AED, while 218 land plots were sold for 1.9 billion AED. The sale of two land plots on Palm...
Read more -
02.04.20235354It became known about the launch of a new residential project Waves-2 in Dubai, UAE. The message came after the information about the full sale of off-plan real estate in the first phase of the Waves-1 project development. The developer is Damac Properties. According to the developer, Waves-2 will be built next to Waves-1 in the mega-popular...
Read more -
02.04.20234367Higher mortgage rates do not discourage end users from purchasing real estate in Dubai. Even the second 0.25% rate hike on March 22 is unlikely to reduce demand. The status of the Dubai and UAE real estate market as a "safe haven" for investment surpasses all other considerations, market sources say, describing the return of demand for mortgages...
Read more -
02.04.20235425Prices for luxury real estate in Dubai are still 20-80% lower compared to such major cities as Monaco, Hong Kong, New York, London, Geneva, Paris, Beijing, Tokyo, etc., despite a significant increase in prices after COVID-2019. According to a report by Knight Frank, for $1 million (3.67 million AED) in Dubai, you can buy 105 sq. m., in Monaco –...
Read more -
29.03.20236216UAE banks' interest rates on mortgages have been raised again. The decision was made on March 22. The rate has been increased by 0.25%. This is the ninth increase since February 2022. A real estate loan is available for 6% per annum. The interest rate is equivalent to the return on investment in most of the emirate's real estate, but the measures...
Read more -
28.03.20234930The leading developer of Sharjah for the first time put up for sale luxury real estate in its neighboring emirate of Dubai. This is the Sarai Villa complex, which has become the fifth phase of the "forest-themed" megaproject in the Masaar community. Prices in the new complex start from 20 million AED ($5.45 million). Buyers will be offered...
Read more -
28.03.20234228Expo City Dubai will be completely pedestrian-friendly, focused on the needs of residents, environmentally self-sufficient and clean. Limited mobility, movement around the territory using buggies, scooters and bicycles will be available to tenants and visitors of Expo City Dubai. A human-centric space free of cars and heavy vehicles, Expo City...
Read more -
28.03.20235215People with large capitals have been moving to Dubai en masse for several years. The Emirate has become a haven for ultra-high net worth individuals (UHNWI) who moved here during and post-pandemic. According to recent data, 66.7% of ultra-high net individuals (UHNWI) who have bought real estate in Dubai use it as their main place of residence...
Read more -
28.03.20236188The first residential units in Expo City Dubai have a price tag of 1.2 million AED ($330,000) and above. The first phase of the City, which will appear at Expo 2020, was intended exclusively for rent. The announced launch will be the first phase of real estate sale in the Expo Valley and Expo Central communities within the framework of the Dubai...
Read more