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01.03.20232900Dubai's new super-luxury residential neighborhoods are getting close to selling homes for 100 million dirhams or more. In early February, an Indian family purchased an eight-bedroom villa on Lantau Island for AED 90.5 million. According to a representative of Metropolitan Premium Properties (MPP), a luxury mansion with a lagoon will be...
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01.03.20233363In Dubai, the Ejari online real estate registration system is integrated with the Central Bank's direct debit system, which allows landlords to directly deduct rent from the tenant's account, eliminating the need for checks with a subsequent date. But one big question for tenants making monthly, quarterly or semi-annual payments is whether...
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01.03.20232905On Monday, February 13, 2023, the Seaside Hill Residence project was presented. Seaside Hill Residence, located in the elegant Al Zorah neighborhood, consists of three interconnected buildings. The project includes apartments with one, two and three bedrooms with an area of up to 237 square meters, as well as two luxury penthouses with...
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01.03.20236962According to the latest information provided by the Dubai Department of Economy and Tourism (DET), the city received 14.36 million foreign visitors in 2022, which is 97% more than the 7.28 million visitors who arrived in 2021. The Emirate was also close to reaching the 16.73 million visitors it had before the pandemic in 2019. This further...
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27.02.20233441Since the beginning of 2022, investments by Russian citizens in real estate in Dubai have grown by 79% compared to the beginning of 2021. In 2023, Russians continue to actively buy housing and invest in the Dubai real estate market. Some people decided to withdraw their funds offshore to save them, and some people got a residence visa and moved to...
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24.02.20233018Dubai Holding, a diversified company with an investment portfolio of AED 130 billion, has signed a legally binding joint venture agreement with Aldar Properties, a leading developer, investor, and property manager in Abu Dhabi. The project aims to create exciting new living conditions in key areas of Dubai. Content: Cooperation...
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23.02.20236077Owning real estate in Dubai by the sea with a private moored yacht in a local port is not only a confirmation of high status but also an excellent investment in luxury housing in the UAE. Emirates.Estate talks about the best marinas in the UAE and what type of real estate multimillionaires can afford. Content: The best marinas in Abu...
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22.02.20234502Real estate experts say that rising global inflation will slow down the development of the Dubai real estate market, but not too much. The end of 2022 was a milestone for the Dubai real estate market, breaking several records. Meanwhile, the situation in the housing stock may change in 2023, due to the increase in interest rates and this affecting...
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20.02.20234081Elegance Tower by Damac Properties is the world's first residential complex designed by Lebanese designer Zuhair Murad. The project is a 26-storey tower with 1-2 bedroom apartments, which is located in Downtown Dubai. The project is expected to be commissioned at the end of 2026, but investors can book residential units with an initial payment of...
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17.02.20233367Residential property owners in Dubai need not worry about higher maintenance fees in 2023 as the Dubai Land Department and various homeowner association (HMA) management companies are working to keep fees from skyrocketing. If there is an increase in service charges, industry experts say, it will be equal to the inflation expenses...
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