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01.12.20224954Recently, Dubai and the UAE have become the focus of international media attention. Many celebrities and influential people buy real estate in Dubai and relocate to the United Arab Emirates for permanent residence. Ex-pats choose the UAE because of the country’s stable political and economic climate, knowing they can enjoy many sunny days a year....
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24.11.20226165Many overseas investors and buyers who want to purchase real estate in Dubai and the UAE for the first time are asking similar questions. Emirates. Estate has prepared an article to answer the most common questions and explain important aspects of buying properties in the UAE. Content: Types of property ownership Freehold zones in...
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17.11.20226665The UAE’s economic success has encouraged many foreign nationals to acquire real estate in Dubai as an investment option and for business purposes. As a result, capital gains from rental revenue are possible. But there are risks involved with purchasing property in another country, just as there are issues with other forms of investment. We will...
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03.11.20225147For anyone planning to purchase real estate in Dubai, it is worth knowing about the option of property insurance. Its importance can’t be overestimated, since it is insurance that provides financial protection against natural disasters and other risks. A standard policy insures the house itself as well as its contents. This article aims to further...
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02.11.20224701The Dubai real estate market has only continued to gain momentum, driving demand for elite housing units in the third quarter of the current year. For this period of time, the growth in sales peaked at 70 billion AED. These three months have been the most successful in the history of the local market, with an 18% increase if compared to the second...
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01.11.20222930The boom in the Dubai real estate market has lately been drawing increasing numbers of foreign buyers who are looking for a second home and/or a buy-to-rent property. Wealthy Russians have traditionally been particularly active in this market. They are usually interested in beachfront properties, according to Sean McCauley from Devmark Group (a...
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01.11.20223058The Dubai real estate sector is at the very center of growth and activity of the rapidly urbanizing world. According to a Bloomberg report, local real estate prices surged by 89% over the past year alone. In the first half of 2022, the Dubai Land Department registered over 43,000 real estate transactions worth a total of over USD 31.3 billion. The...
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01.11.20223110Laguna Properties, a luxury real estate agency, published a forecast for the Dubai real estate market in the last quarter of 2022. Experts see great promise in the emirate’s segment of luxury residences. Investors are attracted by the status of a safe haven, the past experience of resilience to external shocks, and the capability of mid-term and...
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31.10.20222192According to a report by Asteco (a consulting firm), 5,100 apartments were commissioned in the first half and 1,000, in the third quarter of 2022, primarily in Al Raha Beach, on Al Reem Island, and on Saadiyat Island. The real estate firm JLL reports that commissioning of 2,350 more apartments and 100 villas is expected in the remaining months of...
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31.10.20222254In July through September 2022, the situation in the real estate market was mostly stable. Data from the consulting firm Asteco shows that the rent grew only in a few top-tier elite residential projects. The rent on villas increased by 2% quarter-on-quarter and by 4% year-on-year. The rent on apartments rose by only 1% compared to both the...
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