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15.06.20224460More than 100 million houses worth more than 100 million dirhams have been put up for sale in Dubai. Its owners believe that the market of ultra-luxury residential premises is at the peak of its development. Apparently, the final figure for 2022 will surpass last year's, which was undoubtedly facilitated by the recent 280 million dirhams...
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15.06.20224414The race of prices and sales in the Dubai real estate market continued in May, when deals worth 18.3 billion dirhams ($4.98 billion) were concluded. This figure is the second largest in the history of the emirate. In the first place is the indicator registered in May since 2009. The most expensive deals in May 2022 were concluded in the areas of...
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15.06.20224390Two of Dubai's largest companies have signed a contract worth 40 million dirhams ($11 million) for the construction of a new marina in the Marfa Al Jubail community. The transfer of a luxury coastal project with a marina, houses and a yacht club to operation is expected by mid-2024, while the residential area in Marfa Al Jubail is planned to be...
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15.06.20225207Real estate prices on the man-made sharp Palm Jumeirah continue to grow rapidly, new records are being set here in the segment of villas and apartments. This is despite the fact that the demand for housing in a number of other areas of Dubai is beginning to decline. Data from consulting firm Knight Frank shows that prices for elite and ultra-elite...
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15.06.20224469In an effort to achieve the ambitious goal of making Dubai the smartest city in the world, the municipality has launched a single electronic platform for obtaining construction permits. The main goal of the strategy is to help investors in the real estate sector and develop a dynamic investment climate in Dubai. His Highness Sheikh...
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15.06.20224268Young and middle-aged people who intend to stay in Dubai on a long-term basis are increasingly choosing to buy real estate rather than rent it. Heads of real estate agencies and real estate analysts say that this trend is mainly observed among people with high salaries aged 20 to 40 years who invest their money to insure against inflation...
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15.06.20224896Compared to the previous months, May was quiet. Instead of big shocks and events that turned the market upside down, we have seen minor changes, which indicate the direction of market development for the coming years. Content: Main Events of May Investor and Buyer Preferences Wealthy Russians and Russian Oligarchs in the...
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09.06.20224993Today already-built villas and mansions aren’t the sole properties on the Dubai real estate market, plots to create the home of your dreams are selling just as quickly. A cluster of plots in the Al Wasl neighbourhood is now available to non-UAE nationals, for the first time. At the moment there are only 140 plots of 10,000 sq feet...
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09.06.20225015Dubai continues to present investors with mind-blowing opportunities year after year. The city offers exciting new projects and developments, which are appearing at an incredible speed. Out of the multitude of options, we put together a few to look-out for. Al Ranim Located in the nature-centric community Mudon, it will feature rich gardens...
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08.06.20225159In the recent years, the appearance of affordable properties for sale in Dubai, opened up the real estate market for a wider demographic. This means that if you’re interested in investing in property in the emirate, you can find a perfect fit for you, for under AED 800k. The Jumeirah Village Circle (JVC) This property had a rather quick...
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