News and articles

  • According to a report by the Abu Dhabi Department of Municipalities and Transport (DMT), real estate transactions worth 71.5 billion dirhams were registered in Abu Dhabi in 2021.   Yas Island tops the list of the most common areas with 4.1 billion dirhams in real estate transactions. Greek Islands ranks second with 3.2 billion dirhams,...

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  • From the point of view of real estate, some buyers believe that prices in Dubai are currently at their peak, and prefer to refrain from buying any real estate, expecting that prices will decrease after April.   There was no sharp rise in prices in the real estate market due to the exhibition, and it goes without saying that a sharp drop is...

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  • The first ownership documents are issued in Dubai as part of «fractional» ownership of real estate, which can significantly expand the investor base in the local real estate market. In its simplest form, «fractional» ownership allows several investors to purchase an apartment, villa or other types of real estate, and each of them has ownership...

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  • Due to a house in District One, rented for a staggering 7 million dirhams, the Dubai real estate market will surely start in 2022. The identity of the tenant has not been disclosed, but it is known that as part of the deal he received a free rent for one month.   During 2021, both rental and sale prices in District One have skyrocketed. For...

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  • When buying a property, investors need to choose between an off-plan or a ready-made house or apartment. If your goal is to buy real estate in Dubai and save money at the same time, then it’s best to consider off-plan real estate. Of course, not all investors want to invest in an off-plan residence because it can come with some risks. But remember...

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  • Dubai's real estate market statistics were unique in January 2022. The number of signed purchase-and-sale contracts increased by three-quarters and their economic volume for the year grew by almost 150%. Content: Housing market indicators in January Rented real estate and off-plan projects January records Price range of transactions The...

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  • Data from Arab real estate analysts for the 1st half of 2021 show that Dubai housing prices are stabilizing and recovering in popular areas. During this period, the average cost of 1 m2 increased by 5%. And luxury houses and apartments in areas like Palm Jumeirah, Dubai Hills Estate and Emirates Hills by 5-10%. With these rising prices, more...

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  • According to a new study, the UAE construction industry will develop during 2022, despite concerns about the increase in the cost of building materials needed to implement plans and financial opportunities available to developers.    The Royal Institute of Chartered Surveyors (RICS) said in its latest report that a «high level of...

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  • There is no doubt that the UAE is a paradise for the real estate sector: from penthouse apartments to luxury villas with sprawling gardens and incredible pools. According to The National, «Property of the Week» was a modern villa in Palm Jumeirah.   This villa worth 65 million dirhams with five bedrooms and six bathrooms is located on three...

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  • It is believed that District 2020 will arouse increased interest from buyers and investors, both local and international. The areas located near Expo-2020 will also have a positive impact on the sustainable community. In particular, the demand for short-term rentals is higher in areas located near Expo-2020.   In addition to developing the...

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