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17.06.20226866For the week of June 6–10, 2022, the total value of real estate transactions was AED 8.7 billion ($2.3 billion). 2,369 transactions were completed overall during this time. For AED 1.26 billion ($343 million), 262 land plots were auctioned. For AED 3.4 billion ($925.6 million), 1,572 flats and villas were sold. Content: The most expensive...
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16.06.20228655Extra-premium real estate in One Za'Abeel One&Only Sales is put up for sale. It is a project that entered the Guinness Book of Records. Currently, the buildings are under construction. The end of construction is expected in 2023, but investors and buyers interested in the greatest possible luxury can purchase a home right away...
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16.06.202228951When buying or renting real estate in Dubai, one of the essential items on the to-do list is connecting to utilities. In Dubai, issues of water supply, electricity supply, and sewerage are regulated by the Dubai Electricity and Water Authority (DEWA). The DEWA is a public company and the only utility services provider in Dubai...
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15.06.20227308According to real estate experts, the UAE real estate market still offers several attractive opportunities, especially for international investors who have arrived in the country for the first time at the Expo 2020 mega-event. Many visitors were here not only at Expo-2020, but also sought to explore business and investment opportunities...
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15.06.20226440A villa in Dubai Hills has been sold for a whopping 128 million dirhams, making it the most expensive villa to be sold in the area this year to date. A seven-bedroom mansion with an area of 34,113 square meters, located on a plot of 42,518 square meters, was sold brand new. The villa is decorated in a modern and classic style and features...
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15.06.20226453According to market analysts, real estate market activity in Abu Dhabi and Dubai remained high in the first three months of 2022 amid a number of government initiatives, economic growth and improving market sentiment. According to real estate market experts, in the first quarter of 2022, about 3,800 residential units were commissioned in the Abu...
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15.06.20226350It is expected that following the results of the first five months of 2022, transactions with villas and apartments in the amount of 61.9 million dirhams will be registered in the Dubai residential real estate market. This will happen despite a record surge in global inflation. Real estate consultant Knight Frank believes that the impact...
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15.06.20226205More 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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15.06.20226022The 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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15.06.20225969Two 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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