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28.02.20224966Saudi Arabia and the UAE continue to lead the real estate market in the Middle East region, relying on government initiatives and developing market dynamics. Real estate experts are largely optimistic about the prospects for future growth of the real estate sector, as both countries continue their main measures to diversify the economy...
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28.02.20224112Real estate prices in Dubai rose by 33.4% in January to an average of 1,575 dirhams per square meter, as the housing market remained stable amid a rapid economic recovery in the emirate. Luxury real estate prices increased by 35.1%, while the affordable and budget segments registered an increase of 37.2% and 15.7% year-on-year...
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25.02.20228192What is best to buy: an unfurnished or furnished apartment? This is a key question that investors and end-users ask themselves when looking for a home in the most tourist-friendly city in the UAE. Real estate market in Dubai offers various options so selecting a property can sometimes lead a potential buyer to a dead end. Who is best-suited to buy...
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24.02.20224597According to the latest data, the Dubai real estate market continued its growth in January 2022, as housing prices and rents have increased since the beginning of 2015. The residential real estate market recorded an increase in transaction volumes by 80.2% year-on-year last month, as off-plan real estate sales, as well as sales in the secondary...
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24.02.20224145Dubai has consolidated its position as one of the best cities for expats due to its high quality of life, safe environment, excellent infrastructure, successful pandemic strategy and the introduction of visa and labor reforms. The stable economy of the emirate, which is expected to grow to 4.5% in 2022, is one of the main reasons...
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24.02.20224992The Department of Municipalities and Transport (DPT) has launched the first of its kind platform to ensure transparency in the Abu Dhabi real estate sector. Due to DARI digital services system, community members can be protected from any real estate fraud, unscrupulous agents, online ads about non-existent projects and proposals. On the...
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24.02.20224284The total value of Abu Dhabi real estate transactions exceeded 71 billion dirhams last year, with higher growth expected in 2022. In 2021, a total of 14,958 transactions worth 71.5 billion dirhams were made, reflecting a positive trend in the context of the pandemic, said Adeeb Al Afifi, executive director of real estate at the...
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24.02.20223859Buyers snapped up real estate in Dubai with a total value of 4.5 billion dirhams ($1.2 billion) in a week, the Dubai Land Department (DLD) said on Friday. The property includes 252 plots worth 1.1 billion dirhams, as well as 1,437 apartments and villas worth 2.47 billion dirhams. It was sold during the previous week. The...
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22.02.202213533Dubai is a great place to buy an apartment. In this lively, modern metropolis, there’s a wide selection of real estate under construction and ready for residence. Foreign investors have a great opportunity to purchase housing and become its rightful owner. To do this, you need to purchase an apartment or villa located in freehold territory. All the...
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21.02.20224975According to a new analysis, rents and property prices in Dubai are expected to decline over the next few months as tens of thousands of new residential units are expected to be commissioned this year. According to the consulting company Asteco, the real estate market, which has been on the rise for several months, may see about 30,000 new...
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