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01.04.2024951In January 2024, Dubai’s real estate market demonstrated remarkable growth. Housing sales alone amounted to over $9.6 billion, marking a 27% increase compared to the previous year. The total number of transactions exceeded 11,000, up 17% year-on-year. In January 2023, the market recorded only 8,700 transactions. Below is an overview of the...
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29.03.20243458The UAE remains one of the most popular destinations for foreign investors, therefore many are interested in when to buy real estate in Dubai. Its cost depends on various factors, one of which is the time of year. Seasonality can influence pricing, as the market exhibits a certain cyclicality. Content: Seasonal factors and their impact Peak...
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28.03.20241310Indian nationals have overtaken Russians to become the largest nationality of property buyers in Dubai in 2023. Buyers and investors from the UK and Russia ranked second and third, respectively. Comparing the positions with how things were at the end of 2022, there is a gradual shift in the market. We see that the same groups of nationalities...
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24.03.2024966Paying rent in one lump sum is becoming a more popular method of payment with property owners in the Dubai market. About 33% of new rental agreements concluded in 2023 were paid with a one-time check. This refers to an approach where tenants pay the entire rental amount for the entire period of their lease or for a year in advance (if they plan to...
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24.03.20242242Holidaymakers and potential investors may be interested in what currency to take to Dubai. The currency in the UAE is the dirham (AED currency), which was put into circulation on 19 May 1973. Since 1997, the dirham has been pegged to the US dollar exchange rate and retains a fixed value of 3.6 AED to $1. Content: An overview of the Arab...
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23.03.2024733For the real estate market of the UAE, 2023 became another success in the long series of records set since the beginning of the COVID-19 pandemic. Year after year, the national real estate market, primarily housing, has been gaining leading positions on the global stage. By the beginning of 2024, Dubai has firmly established itself as one of the...
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19.03.20242163Projects in the UAE have a high investment potential, so buying real estate in Dubai with integrity is in high demand among foreigners. The issue of security when executing a contract remains one of the important ones when making a decision. Let us consider whether there are risks and whether specialists can level them. For example, it is good to...
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19.03.2024690Land prices for residential construction in Dubai have increased by 60% over the past year. This is attributed to the growing construction activity amid unprecedented demand for housing in the emirate post-pandemic. In the most popular and developed areas, construction is happening at maximum capacity, leading to a shortage of available land. In...
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15.03.2024520In 2024, the new payment plan for property purchases becomes particularly popular. The "1% per month" approach has now penetrated even the villa segment. This payment option proves to be much more attractive compared to conventional offers involving payments of 10-20% every 3 months. The new plan allows acquiring property in Dubai by paying only 1%...
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14.03.20241622UAE real estate remains a sought-after investment asset for foreign buyers keeping up with real estate news. Dubai today is attracting increased interest. The actively developing city is known for its premium housing, among which you can find a variant in current design trends. The loft style in Dubai is increasingly widespread. It successfully...
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