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24.04.20223900On April 6, 2022, it became known about the launch of «wasl village» in Al-Qusais, a large community in Dubai, UAE. The project consists of 62 buildings comprising 6,200 real estate units, ranging from studios to one-bedroom, two-bedroom and three-bedroom apartments. The project also includes a shopping center, a supermarket, a...
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24.04.20223576Owners 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% jump in transactions with luxury properties was already recorded in the emirate: a total of 4,083 transactions took place. Besides, prices in the luxury real estate...
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24.04.20223823A 10-bedroom custom-built villa in Palm Jumeirah, Dubai, has been sold for a record 280 million dirhams. The modern white villa with an area of 33,000 square meters includes the amenities of a five-star spa hotel (including a gym and a beauty salon) and is decorated with Italian marble, selected to order. The property is furnished by...
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24.04.20223572Dubai real estate market continues to break records for real estate sales in prestigious areas. This trend is most noticeable in the off-plan real estate sector, where local and foreign investors are active, realizing the huge potential of the emirate's residential real estate market. In existing communities, there is an expansion of territories,...
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24.04.20223515According to data published by Dubai Land Department, a total of 2,135 real estate transactions were made in the week ending April 1, 2022. The total amount of transactions amounted to $8.2 billion. 1.45 billion dirhams were spent on 247 land plots and 3.09 billion was spent on the purchase of 1,423 apartments and villas. A land...
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24.04.20223783According to EMEA's 2022 report, Dubai's real estate market has proven remarkably resilient during the pandemic, and more than 84% of real estate professionals expect competition in the Dubai real estate market to grow in the future. More than two-thirds (68%) of respondents in Dubai indicated that they saw growth in 2021 and expect it to...
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24.04.20223546As the value of real estate in Dubai is growing, those sellers who have ready-made luxury homes are postponing their sale, as they will be able to sell their properties more expensive in the coming months. Sales of homes worth more than 100 million dirhams are also on the way to new highs. Due to rising prices, Dubai's real estate sector...
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24.04.20224143Dubai is preparing for District 2020, which will be formed inside and around Expo-2020. At the moment, attention will be focused on repurposing the entire exhibition area. The first step will be to compile a detailed inventory of the property that needs to be removed from the pavilions after the dismantling works. Contractors and...
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24.04.20223281Luxury real estate in Dubai remains more affordable than in other cities around the world. The current gap in supply and demand for luxury real estate in Dubai will contribute to further price increases, combined with the growing attractiveness of the emirate for wealthy investors. Ultramodern villa projects have been launched in Dubai amid...
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22.04.20227049Dubai can surely impress a sophisticated client with its ambitious architectural projects. A prime example must be the artificial island of Marina Island, located in Abu Dhabi, the capital of the United Arab Emirates. It is a private island with housing and extensive urban infrastructure to ensure that you're living a comfortable life. This...
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