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26.12.20213308The Dubai real estate market confirms the opinion of experts and demonstrates a confident recovery after the COVID-19 lockdown. According to Zoom Properties, real estate prices in Dubai increased by 21% in the first ten months of this year, due to demand in prestigious areas of the emirate. According to Dubai Land Department (DLD),...
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23.12.20213577$32 billion has been allocated in the UAE to overcome the effects of the pandemic. The measures taken have had a positive impact on all spheres of life, including real estate sector. This was announced by Walid Al Zarooni, CEO of W Capital Real Estate Brokerage, during a media briefing. He also added that the brokerage sector has...
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23.12.20213511Rental rates in Dubai will continue to rise in 2022, especially for luxury real estate and real estate by the sea. According to Asteco, the real estate consulting company, rental rates for apartments and villas continued to rise markedly in the third quarter of 2021 with 3% and 6%. Firas Al Msaddi, CEO of FARM Properties, said that villas...
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22.12.202115270Dubai is constantly working at creating new opportunities for foreigners to obtain a residence visa in the fastest and most convenient way. The emirate authorities launched a programme to attract wealthy investors of retirement age. In this article, we aim to explain how this programme works, what kind of life Dubai offers to potential expats who...
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21.12.20213552The Central Bank of the UAE has implemented an expanded regulatory framework to oversee the activities of banks in the country's real estate sector. The new standards cover all types of balance sheet loans and investments, as well as off-balance sheet risks in the real estate sector. The new system will come into force on December 30, 2021...
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20.12.20214402Dubai's real estate market will see a more than 100 percent increase in the value of transactions this year, as investors trust the emirate's consistent economic policy, successful strategy to combat the COVID-19 pandemic, visa reforms and the recent liberalization of the business licensing regime. Expo-2020 also had an impact on price...
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19.12.20213840The Sustainable City, the first fully functioning community in the Middle East, has introduced eco-friendly studio-apartments for living in Dubai. This community was designed using highly insulated materials. It is powered by renewable energy sources from solar panels on the roof. To avoid Single-Use-Plastics (SUP),...
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19.12.20213839The survey of Khansaheb Industries, dedicated to the audit of indoor air quality in the UAE, showed that 45% of UAE residents believe that the air quality at home is very good, and only 42% of Dubai residents said that they have good indoor air quality. A survey of 1,000 residents throughout the UAE showed that high air quality in the...
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18.12.20213527During the third quarter of 2021, rental price increased in most areas of the city as the UAE continued to recover from the economic effects of the pandemic. According to the consulting company Asteco, rental rates for apartments increased by 3% compared to the previous quarter, and rental rates for villas increased by 6%. The annual...
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16.12.20213749«The volume of transactions in November reached almost USD 5,000,000,000, which is why November was the best month in almost eight years», the Dubai Land Department (DLD) said on Thursday. The total sales transactions increased by 58.79% compared to the same month in 2020, and the cost increased by 88.37%. More than half of the...
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