News and articles
-
24.04.20225845
Residents who want to rent a property in Dubai will no longer have to be guided by what the owners or broker says. Instead, renters can get all the rental records of a particular apartment online. We are talking about DXBinteract.com, which gives real-time rental information. The new initiative also provides potential investors with...
Read more -
24.04.20225921
It is expected that about 7,000 residential units will be commissioned in Abu Dhabi real estate market this year. In 2021, this figure was 6,000 real estate units. The increase is due to increased demand from investors for apartments and villas in the Emirates. Market confidence in Abu Dhabi has increased significantly against the backdrop...
Read more -
24.04.20225348
There is a high demand in the luxury housing market in Dubai in 2022, which will be facilitated by the growing interest from international investors. In 2021, there was an increase in activity in the luxury housing sector, and a 40 percent increase in prices was also recorded compared to the previous year, despite the problems associated...
Read more -
24.04.20224895
On 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...
Read more -
24.04.20224605
Owners 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...
Read more -
24.04.20225452
A 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...
Read more -
24.04.20224687
Dubai 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,...
Read more -
24.04.20224672
According 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...
Read more -
24.04.20224651
According 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...
Read more -
24.04.20224625
As 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...
Read more