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11.12.20222471According to a new report, Dubai's luxury housing market will experience significant double-digit price growth, and by 2023 it will lead global markets. According to Knight Frank's main forecasts for 2023, prices for luxury residential areas will increase by 13.5% in 2023. This is the highest price increase in the world, as cities such as...
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11.12.20222890Dubai's «Billionaires' Row», located on the Front G site in Palm Jumeirah, is now considered «the most exclusive street for the rich and famous of Dubai». Earlier in 2022, another of the branded villas on «Billionaires’ Row» Casa Del Sole was sold for a record amount of 302 million dirhams for the Dubai real estate market amid the rapid...
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11.12.20222217Real estate transactions in Dubai for the week ending November 25, 2022 were estimated at 15 billion dirhams. According to Dubai Land Department data released on Friday, a total of 2,867 transactions were registered during this period. In total, 313 plots were sold for 1.57 billion dirhams during the week, while 1,936 apartments and villas...
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11.12.20222054According to CBRE, the average rental price of real estate in Dubai has increased by more than 27% due to a sharp increase in demand for real estate in Dubai. As tenants have become less inclined to move due to rising prices, the number of renewals has increased and the number of new contracts has decreased. CBRE's monthly survey of Dubai's...
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11.12.20222303A major real estate developer in the Emirate of Sharjah, announced the completion of the 2nd stage of construction of the Al Mamsha Souks project. The complex has been called the first fully pedestrian community in Sharjah, offering a fresh and intriguing look at communal life in the area. The project, located in the center of Sharjah, consists of...
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11.12.20222060Since it takes from 750 to 1000 days for the fastest completion of construction, more and more developers in Dubai are beginning to fulfill their promises and deliver objects on time. Developers who completed their projects last year did so in an average of 4.4 years. Of the 350 active projects, 86 were completed in Dubai in 2021. This led...
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11.12.20221968Millions of football fans flocking to Dubai and Doha for the World Cup want to buy real estate in Dubai, attracted by world-class security, better quality of life and high profitability that the emirate offers compared to other major cities around the world. During December 2022, millions of people will transit through Dubai and Abu Dhabi,...
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11.12.20222458Bay Residences is a luxury project located on the prestigious Hayat Island in Mina Al Arab. The magnificent coastal area, part of Ras al Khaimah, is located north of the seven emirates that together make up the UAE. Future residents of the complex will be offered apartments with 1-3 bedrooms ranging from 76 to 265 m2. Each residence has a...
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11.12.20222752On the second day of the Cityscape Dubai exhibition, Sobha Realty presented Sobha Hartland II, another multifunctional complex designed according to the master plan. The famous project covers an area of eight million square meters and is located in a very advantageous location, not far from Sobha Hartland. It has 90 acres of open space and...
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11.12.20222262Dubai is thinking about redesigning its rent index so that it is tied to specific buildings, rather than trends in the area. Although it is still only a proposal, if adopted, it will increase the transparency of the bid-setting process. The lessor or owner of the building will also be responsible for ensuring that their rental requests are...
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