Sign in
Sign up
News and articles
-
06.06.202212249The 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...
Read more -
30.05.202215391There 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...
Read more -
26.05.20228904Following 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...
Read more -
23.05.202219746The 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...
Read more -
23.05.20227507Owners 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...
Read more -
23.05.20227861Interest 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...
Read more -
23.05.20228031An 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...
Read more -
23.05.20226780In Q1 2022, 3,304 real estate transactions worth 11.3 billion dirhams ($3 billion) were registered in Abu Dhabi. The UAE real estate market continues to recover after the recession caused by the pandemic. This was announced by the Department of Municipalities and Transport of the Emirate (DMT). According to official data, in the first...
Read more -
23.05.20226985Dubai is the most profitable and expensive place in the world for landlords. This is especially true for property owners near Burj Khalifa. Landlords who own property near the tallest building in the world can earn an average of $1,150 per night, or $416,523 per year. This means that it may take them as little as four months to recoup...
Read more -
23.05.20226550Dubai real estate has retained its appeal. Investors and locals continue to invest in buying villas and apartments in the emirate. In the first quarter of 2022, 25 972 transactions were registered in the emirate, which was a record number of transactions since 2010 in one quarter and the highest similar figure since the first quarter of...
Read more