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10.08.20223806The total volume of transactions in the Dubai residential real estate market in June 2022 reached 7,941, which is 33.3% more than a year earlier. During this period, sales of off-plan real estate increased by 46.7%, and sales on the secondary market - by 24.4%. The total volume of transactions for the year to June 2022 reached 38,901, which is the...
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10.08.20223740During the week ending July 15, 2022, real estate transactions totaling 5.5 billion dirhams were made. A total of 1,614 transactions were made. According to information provided by the Dubai Land Department (DLD), 186 plots of land were sold for 594.72 million dirhams, and 1,004 apartments and villas were sold for 2.43 billion dirhams...
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10.08.20224581According to the report of the Sharjah Real Estate Registration Department (SRERD) for June 2022, 747 real estate purchase and sale transactions worth 1.9 billion dirhams of the UAE with a total area of more than 6 million square feet were made in 106 settlements of the Emirate of Sharjah. The statistics include 358 mortgage transactions...
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10.08.20223838Foreigners investing in real estate in the UAE can get the coveted Golden Visa directly through developers. According to industry experts, obtaining a long-term residence permit is a simple and understandable matter. The whole process takes less than two weeks, and all processing fees are paid by the developer. As soon as clients choose a...
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10.08.20223740Villa prices in upmarket areas of Dubai rose significantly in June 2022 as deals in the wider market remained close to historic highs. Average residential property prices increased by 10% in the year to June 2022, with apartment prices on average rising by almost 9% and villa prices up by 19%, according to CBRE's latest Dubai market report...
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10.08.20224873According to data provided by the Dubai Land Department (DLD), on Wednesday, July 13, 2022, 304 sales worth 735.85 million dirhams, 77 mortgage transactions worth 263.54 million dirhams and 12 gift transactions totaling 24.3 million dirhams were registered in the Dubai real estate market. 282 villas and apartments worth 651.17 million...
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09.08.202210678During a more detailed comparison of Dubai and Singapore, it becomes clear that there are not many differences between them. Both cities are extremely successful, economically developed, and quite cosmopolitan. However, in terms of purchasing real estate, Dubai is still more attractive. Let’s discuss the reasons for this, and why it...
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09.08.20223862The overall growth was driven by Dubai’s real estate sector, where sales were up 86 percent, followed by Saudi Arabia, where purchases were up 25 percent, MEED reported. The market is experiencing an oversupply of luxury and ultra-luxury properties. It is expected that the trend will continue to drive the development of more high-end real estate...
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08.08.20224105Why do wealthy investors from all over the world prefer to invest in Dubai real estate? The main reason is the high yield. Even if a person does not plan to live in the emirate, his property is not going to be idle – it is going to bring a good income. An important factor is the number of privileges that the investor receives along with the...
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05.08.202210987Many have heard how fantastically opulent and expensive homes are in the UAE. Every month, leading analytical media publishes reports from the real estate markets of the largest emirates, Dubai and Abu Dhabi. Top-of-the-line properties are invariably best sellers in these rankings. The most expensive property in Dubai in 2022 was a mansion in...
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