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05.08.202212436Many 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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03.08.20227451Dubai real estate attracts foreign investors and end-users not only with its developed infrastructure, favourable location, and a vast range of promising residential and commercial projects. Another important factor that motivates foreign citizens to purchase local units is government initiatives. The Vice President of the Emirate does everything...
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27.07.20226893One of the best things that can happen to the market is Chinese investors. This category of customers stands out for their willingness to invest large amounts of money and, most importantly, to do so in a structured and strategic way. In most cases, Chinese investments are made for the long term and are rarely marked by speculation and irregularity...
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26.07.202222198Thanks to the reputation of a tax-free country and a very simple process of opening a bank account, the UAE has become a popular destination for wealthy people who are looking to run a business overseas. The desert country attracts expats who want to take a promising position in a local company, start their own business or invest in residential and...
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20.07.20228142Properties in Dubai, a city with ultra-modern infrastructure, a wide range of tourist attractions, and many business opportunities, continue to attract investors and end-users from all over the world. Despite global macroeconomic conditions, the local market is booming and continues to break its own records, according to market statistics published...
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18.07.20226282On Monday, May 23, 2022, 552 purchase and sale transactions worth 386.5 million dollars (1.42 billion UAE dirhams) and 78 mortgage transactions worth 210.62 million UAE dirhams were registered in the Dubai real estate market. The sales included 427 villas and apartments worth 878.57 million dirhams UAE and 125 land plots worth 540.79 million...
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18.07.20226094In 2022, the rental market becomes comfortable not only for tenants, but also for landlords, however, rent growth will not be uniform throughout the city. Analysts, top managers and industry experts said that COVID-19 will continue to have an impact on remote work, thereby maintaining high demand for villas. The construction of villas...
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18.07.20226008The most active investors in the luxury housing market in Dubai are still immigrants from Europe and the CIS, and one of them recently purchased a house in District One for 89.1 million dirhams. It is said to be one of the highest prices ever paid for housing in District One. The eight-bedroom residence with an area of 32,500 square meters...
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18.07.20225057Rental rates in most areas of Dubai are growing rapidly, especially in Dubai Marina, Jumeirah Beach Residence, Jumeirah Lake Towers and Palm Jumeirah. Interestingly, rents in affordable areas such as Deira, Dubai Sports City and Jumeirah Village are also rising due to an increase in population. Recently, more and more tenants are in search of more...
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18.07.20225309The towers in Business Bay demonstrate some of the highest growth rates in the Dubai real estate market, as middle-income investors buy «affordable» apartments there. Most of the increase in value occurred in the first half of 2022. According to some estimates, apartment sales here have increased by 17% in two years compared to 25-30% in Dubai...
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