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07.06.20225326A new project from Danube Properties promises to have more than 100 units with pools out of the 270 apartments in the building. If before developers in Dubai were going for larger living spaces, including private gardens, the trend this year shifted to private gyms, game rooms and pools. Generally with time, buyers became more demanding...
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07.06.20224871According to a recent report, presented by ZāZEN Properties’ sales partner JLL, it is expected that over 40,000 new residential units will be available by the end of 2022. This addition to the existing residential properties will drive the total to over 700,000 units. The amount of already completed residential units is based on quarterly...
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07.06.20224510Dubai apartment rents increased by up to 25% in some areas, and are expected to increase for the remainder of this year, reaching 2014 levels by the end of 2022. Dubai Marina had the highest price surge, followed by Palm Jumeirah, Jumeirah Beach Residence, Jumeirah Lake Towers and Jumeirah Village Circle, Greens. Higher rents didn’t go past the...
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06.06.20229814The great opportunities offered in Dubai make it an appealing place not only for business but also to raise children as there are many family-oriented communities here. Their parents will be able to provide security for their children and ensure long-term comprehensive development. We have prepared a list of child-friendly communities that families...
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30.05.202212000There are several special concepts in the UAE real estate industry that may confuse foreign buyers. These terms are related to the legislation and restrictions on the right to own property for foreign citizens. So, for example, foreign nationals can purchase real estate in Dubai and Abu Dhabi only in special zones, the terms of rental housing may...
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26.05.20227337Following the announcement made by Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the Chairman of the Executive Council of Dubai, the emirate took first place in the global ranking of countries that have received the largest amount of foreign direct investment (FDI). In 2021, the metropolis recorded 418 Greenfield FDI...
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23.05.202217198The United Arab Emirates is earnestly focused on attracting as many talented minds and qualified specialists from abroad as possible. In April 2022, the Cabinet of the UAE approved a new entry and residence scheme for foreign nationals. Let’s discuss the key aspects of migration policy innovations and the options that are now available to...
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23.05.20225778Owners of luxury real estate in Dubai are postponing the sale of houses, as they expect an additional increase in prices in prestigious areas by 10-15%. In January 2022, a 30 percent jump in transactions with luxury homes was already recorded in the emirate - a total of 4 083 transactions took place. Also, prices in the luxury real estate...
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23.05.20225665Interest rates in the UAE are rising by 0.50%. The only thing buyers of real estate in the UAE can do is try to fix their financing rates for a long period. This is the best option to compensate for the higher cost of housing financing. It is expected that it will continue to grow throughout the year. The increase in rates by half a...
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23.05.20226192An apartment in Bulgari Resort&Residences complex in Dubai has set a new record for the highest price per square meter in the city. A three-bedroom property on Jumeirah Bay Island has been sold for 40 million dirhams ($10.9 million). The cost per square meter in it was 12 624 dirhams. These are the data from the database of Dubai Land...
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