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25.01.2022146074The UAE authorities are interested in attracting capital from abroad, and therefore try to create comfortable conditions for foreigners. The country is attracting a lot of interest from investors and expats from all over the world, as almost everyone can find their advantages here. Some people choose UAE for its warm climate and the opportunity to...
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22.01.20224486Dubai's luxury real estate market in 2021 showed the third largest price increase among cities in the world, and first-class residential communities promise to become a safe haven for investment in 2022. The city's real estate market is expected to achieve capital growth of 4 to 5.9% this year in 2022, after a 17.4% growth in 2021, as the...
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22.01.20224414The cost of villas and apartments in Dubai increased in the fourth quarter of last year: the largest annual capital gains were recorded in relatively old gated communities such as Arabian Ranches (34.1%), Jumeirah Islands (33.9%), The Lakes (31.2%) and Palm Jumeirah (27.6%), according to the real estate consulting company ValuStrat. The...
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19.01.202227062How can you purchase real estate in the UAE on a mortgage in 2024? What are the key requirements for foreigners to get a mortgage in the UAE? How can you apply for a mortgage in Dubai if you are a non-resident of the emirate? What documents does a foreigner need to apply for a mortgage in the UAE? What are the additional costs when applying for a...
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19.01.20224512UAE landlords are gradually increasing the amount of the advance payment and refusing more cheques. In fact, some landlords are even willing to offer a price reduction if it means paying the full cost of the annual rent with one cheque. The renter cannot be held liable for non-payment, as a result of which landlords begin to...
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19.01.20224410According to Arabian Ranches, real estate prices in the most popular areas of Dubai have increased by 35% during 2021. Dubai's real estate sector has recorded a «phenomenal» increase in rental and sale prices in well-known areas of the UAE. In the affordable segment, the most sought-after areas for potential buyers were Damac Hills 2 and...
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17.01.20224073Real estate transactions in Dubai in 2021 amounted to about 151 billion dirhams (41.1 billion US dollars), which is the highest figure since 2009. According to some reports, the total number of transactions last year reached 61,241, which is the highest figure since 2013. This value jumped by 110% compared to 2020, while the total number...
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17.01.20223813219 plots for 1.12 billion dirhams UAE, 1022 apartments and villas were sold for 2.25 billion dirhams UAE. Jabal Ali First recorded the largest number of transactions over the past week, 99 purchase and sale transactions worth 227.19 million dirhams were made, followed by Al Hebiah Fifth with 44 purchase and sale transactions worth 97.93...
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17.01.20224679The pace of sales in the Dubai real estate market at the beginning of 2022 is not decreasing. The land plot in Jumeirah Bay was sold for a colossal sum of 150 million dirhams. The deal was concluded just a few weeks after another land plot was sold there for 80 million dirhams. The last sold plot with a total area of 47,000 square meters...
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13.01.20224395The total value of real estate transactions in Dubai last year broke a 12-year record, reaching 151.07 billion dirhams. In 2021, 59.6% of all transactions accounted for secondary/finished real estate and 40.4% for off-plan projects. 24,761 real estate units worth 45.5 billion dirhams were sold on the off-plan real estate market, and 36,480...
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