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16.03.202311570Despite several negative global trends, the real estate market in the United Arab Emirates has as a whole maintained and expanded on its 2021 success albeit in a more moderate form. This is largely caused by an increase in demand from overseas buyers seeking either a "safe haven" for their capital or a private residence. In this article, we will...
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15.03.20235038The Prime Residential World Cities Index report shows that Dubai outperformed the international premium real estate markets in 2022, with an average capital evaluation of 12.4% compared to 3.2% in the top 30 global cities. The emirate is one of the most popular real estate markets in the world, thanks in part to Dubai, where the average capital...
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12.03.20236498A whopping 70% of the apartments in the ultra-luxury St. Regis Residences on Financial Centre Road in Dubai were sold out in the first hour after their launch, with sales exceeding 1 billion dirhams. St. Regis Residences is the latest branded residential tower to be launched in the city. Located in the heart of the city, the complex is due...
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12.03.20235214According to data published by the Dubai Land Department (DLD), a total of 3,332 real estate transactions worth 12.9 billion dirhams were completed in the week ending March 10, 2023. The DLD report showed that 274 plots were sold for 3.17 billion dirhams, while sales of 2,370 apartments and villas amounted to 4.93 billion dirhams...
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12.03.20234990Dubai's real estate market continues to grow. In February, the volume of purchase and sale transactions increased by 43% compared to the same period a year earlier due to high demand from foreign investors. The latest data released by Property Finder shows that the number of real estate transactions rose to 9,020 last month, compared with...
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12.03.20235010According to the Department of Municipalities and Transport (DMT), published on Friday, 19,033 transactions were registered in the Abu Dhabi real estate market in 2022, the total value of which reached AED 77.6 billion. In the real estate sector of the emirate, 9,010 transactions for the purchase and sale of real estate for cash in the...
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12.03.20235746According to data provided by the Dubai Land Department (DLD), on Thursday, March 2, 628 purchase and sale transactions worth AED 1.78 billion were made in the Dubai real estate market, as well as 87 mortgage transactions totaling AED 157.44 million and 23 gift transactions totaling AED 129.07 million. The sales included 64 plots of land...
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12.03.20234927In terms of the luxury real estate market, Dubai is catching up with New York and Los Angeles. After New York, Los Angeles and London, Dubai today has the busiest luxury real estate market in the world. This is caused by the influx of wealthy investors seeking refuge from global geopolitical and economic unrest. According to...
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12.03.20233738According to information provided by the Dubai Land Department (DLD), in the week ending March 3, 2023, 3,397 real estate transactions worth 11.5 billion dirhams of the UAE were made. According to the weekly DLD report, 2,498 apartments and villas were sold for 5.54 billion dirhams UAE compared to 228 plots for 2.59 billion dirhams UAE...
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09.03.20239066Overseas real estate has always attracted foreign investors. Dubai is one of the rapidly growing destinations in the global real estate market. Real estate in Dubai is considered by foreign buyers as a place to move to a permanent place of residence and also as a good option for a family vacation or investment. Let’s understand what Dubai actually...
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