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16.02.20227210Dubai'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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15.02.202214073Data 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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14.02.20226336According 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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14.02.20226804There 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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14.02.20227029It 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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13.02.20227009According to the Dubai Land Department (DLD), the Dubai real estate market has registered 309 purchase and sale transactions worth 976.42 million dirhams and mortgage transactions worth 458.97 million dirhams. Sales covered 259 villas and apartments worth 614.88 million dirhams and 50 plots of land worth 361.54 million dirhams, while...
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11.02.202222031Dubai is one of the world’s fastest-growing megacities, where you can resell unfinished housing for a large profit. The primary reason to consider purchasing off-plan properties is the stable increase in their value. Real estate prices in Dubai grow annually. In 2022 alone, the cost of under-construction projects increased by 17–23%. The choice of...
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10.02.20226930In response to the unprecedented demand from global investors for alternative residence and citizenship options due to the ongoing instability and uncertainty caused by COVID-19, Henley & Partners in partnership with Deep Knowledge Analytics, launched the Best Investment Migration Real Estate Index. The UAE leads the ranking with 82...
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10.02.20226997The Sharjah Real Estate Registration Department (RERD) announced that during 2021, the volume of real estate transactions in the Emirate of Sharjah reached the highest value in the last four years and amounted to a total of 26.2 billion dirhams. The trading value of real estate transactions in 2021 increased by 64.9% compared to the same...
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10.02.20226688In addition to the ongoing Expo-2020 in Dubai and the successful fight against the pandemic, the Emirate's strong economy, stable currency and investor-friendly policies implemented over the years are paying dividends and strengthening the confidence of foreign investors in the long term. Thierry Delvaux, CEO of JLL Middle East, Africa and...
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