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24.04.20231867The demand for two-bedroom apartments among investors and end users in Dubai today is higher than for one-bedroom apartments. As noted in the latest market reviews, in March 2023, 34% of apartment buyers were looking for 2-bedroom apartments. Apartments with 1 bedroom were chosen by 32% of buyers. According to data for March, 59.7% of...
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24.04.202316082022 was a record year for Dubai International Airport: the number of passengers passing through it increased by an incredible 127% compared to 2021 and amounted to 66 million people. In Q4 2022, 19.7 million travelers passed through the airport, which is 67% more than in the last quarter of 2021. In 2022, Dubai also faced an increase in travel...
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24.04.20231640DAMAC Properties has appointed a group of leading consulting companies, such as Energoprojekt Entel, AECOM, BHNS Engineering Consultants and Khatib&Alami to further implementation of DAMAC Lagoons project in Dubailand. DAMAC Lagoons is the newest residential complex from DAMAC Properties in Dubai. Off-plan properties are for sale. The...
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16.04.20232610In March, Dubai recorded a 53% increase in the value of real estate transactions compared to the same indicator in 2022. The total value of concluded transactions reached 34.2 billion AED ($9.3 billion). This success is due to the growing demand against the background of a broad economic recovery. In March, 12,000 real estate transactions were...
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16.04.20232191Buyers are actively buying up housing where developers are ready to reduce the initial payment to only 5-10% and fully assume registration and other fees. In some cases, the initial payment may be as little as 1% or even a fixed amount of 50 000 AED. Today, investors are more attentive to the size of their down payments rather than whether...
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16.04.20232045New real estate in Al Wasl is becoming new favorites as wealthy investors continue to look for the most profitable and affordable options for investing in Dubai real estate. There are likely to be newer project launches in these specific locations soon, as developers are increasingly offering options outside of Palm Jumeirah Island and the Emirates...
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16.04.20231952The UAE ranked 1st in its region and 3rd in the world after China and India among the world's emerging markets, according to the Kearney FDI Confidence Index (FDICI) for 2023. Other Middle Eastern countries included in the list of the 25 largest emerging markets in the world are Qatar (4th place), Saudi Arabia (6th place), Egypt (14th place),...
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16.04.20232077Since 2022, Dubai's branded luxury residential real estate market has recorded record growth: sales exceeded 25 billion dirhams, which is 80% more than last year, setting a new sales record for the market. The latest analysis conducted by the international consulting agency Knight Frank shows that the Dubai branded residential real estate market...
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16.04.20231776Dubai's real estate sector is expected to benefit from the arrival of 65,000 new residents in the emirate who have recently received golden visas. Walid Al Zarooni, CEO of one of the Dubai brokerage companies, is sure of this. Walid Al Zarooni added that gold card holders are always potential investors in Dubai real estate and each of them...
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16.04.20231630The developer and operator of hotel real estate in Dubai, The First Group, has opened the doors of its beach club, the Soluna Beach Club, located on the Palm Jumeirah Island embankment in Dubai, which is positioned as a modern resort in the Mediterranean style. The Soluna Beach Club is located on the territory of the Residence Balkis...
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