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11.03.202212717The demand for real estate in Dubai continues to grow. It’s important when concluding a property purchase to inspect the property beforehand. This means analyzing the condition of the property and evaluating it. A comprehensive check allows the potential buyer to make an informed decision on the transaction. Contents: The Dubai real estate...
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09.03.20225884It is expected that in Arabian Ranches 2, Damac Hills and Jumeirah Islands, villas will remain popular for rent in 2022, while Business Bay, Al Karama and Dubai Marina are likely to dominate the apartment segment due to their advantageous location in an affordable price range. Real estate experts believe that the first-ever official...
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09.03.20225508According to Knight Frank, sales of luxury homes in Dubai worth more than USD 10 million have reached a record high. In 2021, more than 52,000 transactions with apartments and villas totaling AED 114.2 billion were registered in the Dubai residential real estate market, which is more than in 2019 and 2020. «Wealthy investors around the...
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09.03.20225007Dubai Lagoon is located on a land plot where the value of real estate has been steadily increasing over the years. According to investors, the first building on the territory of Dubai Lagoon, a project launched in 2005, may be commissioned in the near future. The initial project was supposed to be implemented in stages from 2008,...
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09.03.20225578Fees for services for property owners and investors in development projects were reduced by 26.4% during 2020 and 2021. According to the Department of Municipalities and Transport (DMT), service charges were reduced by 18.1% in 2020, and another reduction of 8.3% was introduced in 2021. Reduced maintenance fees have resulted in property...
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04.03.202218097Before you buy real estate in Dubai or anywhere else in the UAE when moving with a family, parents should carefully study the local schools, curricula, documents required for enrollment, and much more. Choosing the right institution depends on criteria like the academic activity, learning culture and budget of potential property owners. This...
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03.03.20225199On Wednesday, Hayyan launched its new project worth 3.5 billion dirhams, which will house the largest blue water lagoon and the largest public park in Sharjah. The project covers an area of 8.7 million square feet, accommodates a total of 1,836 villas located in three different zones. The construction is expected to be completed in the...
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03.03.20225076Prices for luxury housing in Dubai increased by 44% in 2021, due to increased demand from wealthy buyers, as the emirate's real estate market continues to recover after COVID-2019, amid government initiatives and effective response to the pandemic in the country. Record growth in prices for luxury housing helped Dubai to take first place...
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03.03.20225744According to a new report by Knight Frank, published on Tuesday, prices for luxury housing in Dubai increased in 2021, outpacing the growth in the luxury real estate markets in the United States. Such an increase in prices was due to the «relentless demand» from wealthy buyers who are attracted by the good quality of life in the emirate,...
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03.03.20226394The construction of the 365-meter-high Ciel Tower in Dubai, which is to become the tallest freestanding hotel in the world, has reached an intermediate stage - 52 floors. The work on the megaproject at Dubai Marina is in full swing in order to meet the planned completion date in the fourth quarter of 2023, and the opening of the hotel in the first...
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