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06.01.20227447In the last two years, holiday houses/apartments for short-term stays in Dubai have become serious competitors to urban hotels. Such projects have always been popular with visitors to the Persian Gulf countries, who tend to spacious real estate. The owners of holiday houses in Dubai are waiting for the New Year holidays, offering...
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06.01.20226908Dubai's real estate market has entered the next year with record sales, growing demand and confident developers. At the moment, Palm Jumeirah, Dubai Hills and Emirates Hills are the most popular areas for those who dream of a luxurious life. The prices for villas range from AED 1,500,000 to AED 2,000,000. In 2022, lots of unique projects...
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01.01.20227769Experts warn: if you are planning to move to a new villa in Dubai, then be ready to pay somewhere 20-40% more, as the demand for villas and townhouses continues to grow. At the moment, almost every villa that is likely to be commissioned within the next three months has already been reserved. The demand clearly exceeds supply. Based on...
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01.01.20228416Fees for services are set and charged on an annual basis by Homeowner Association (HOA) after getting permission from Dubai Land Department. The actual fees are made by the management companies of HOA, which subsequently spend these funds on the maintenance of property in the building. «Of course, the situation with service fees has...
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29.12.202128587Profitability is a key business term and one of the key concepts when investing and doing business. In this article, we will look at profitability and its role in investment activity from various points of view. First of all, in real estate investment, and in particular, real estate investment in Dubai. Content: What is profitability, and how...
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28.12.20216599It became known that low housing finance rates will increase next year. Currently, real estate purchases in Dubai for cash and mortgage transactions are approximately at the same level. During 2021, investors bought real estate in the UAE. Real estate sales with mortgage loans accounted for 50% of total sales over the past six months...
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28.12.20217167After new records in sales of villas and townhouses, the Dubai real estate market is growing rapidly in terms of land plots. In Jumeirah Bay, the land cost AED 80,000,000. It is the most expensive on the island. Jumeirah Bay is still the place where the best-selling houses are located. A few weeks ago, the house was sold for AED 121,000,000 on the...
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26.12.20217761This week, 1,685 real estate transactions worth AED 7.4 billion were made in Dubai. Dubai Land Department reported that 177 apartments were sold for AED 2.15 billion, while 1137 apartments and villas were sold for AED 2.8 billion. The top three deals included land sold in Al Hebiah Fifth for AED 758.02 million, followed by...
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26.12.20217842The Emirate aims to become the main destination for resort property owners, encourage tourists and attract investment in the sector. In this regard, Dubai has created a website where timeshare operators can apply for permits to use real estate. «The new portal developed by Dubai Department of Economy and Tourism allows potential operators...
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26.12.20216972The 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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