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27.02.20231345Since the beginning of 2022, investments by Russian citizens in real estate in Dubai have grown by 79% compared to the beginning of 2021. In 2023, Russians continue to actively buy housing and invest in the Dubai real estate market. Some people decided to withdraw their funds offshore to save them, and some people got a residence visa and moved to...
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24.02.20231424Dubai Holding, a diversified company with an investment portfolio of AED 130 billion, has signed a legally binding joint venture agreement with Aldar Properties, a leading developer, investor, and property manager in Abu Dhabi. The project aims to create exciting new living conditions in key areas of Dubai. Content: Cooperation...
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22.02.20232110Real estate experts say that rising global inflation will slow down the development of the Dubai real estate market, but not too much. The end of 2022 was a milestone for the Dubai real estate market, breaking several records. Meanwhile, the situation in the housing stock may change in 2023, due to the increase in interest rates and this affecting...
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20.02.20232143Elegance Tower by Damac Properties is the world's first residential complex designed by Lebanese designer Zuhair Murad. The project is a 26-storey tower with 1-2 bedroom apartments, which is located in Downtown Dubai. The project is expected to be commissioned at the end of 2026, but investors can book residential units with an initial payment of...
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17.02.20231504Residential property owners in Dubai need not worry about higher maintenance fees in 2023 as the Dubai Land Department and various homeowner association (HMA) management companies are working to keep fees from skyrocketing. If there is an increase in service charges, industry experts say, it will be equal to the inflation expenses...
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15.02.20232604Real estate in Dubai is in high demand and selling at a breakneck speed as a result of the inflow of wealthy investors. Experts in the real estate industry believe that the cost of apartments on the Palm Jumeirah has risen since the Atlantis The Royal Hotel opened its doors. Content: Palm Jumeirah's New Project Housing Investments in Palm...
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13.02.20231750The United Arab Emirates (UAE) is a fairly young state located on the Arabian Peninsula and washed by the warm waters of the Persian Gulf. In a relatively short period of time, this beautiful country has managed to become a dream for many people. There is an opportunity to start a business in tax-free economic zones or work as an employed person...
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12.02.20232356In the week ending February 3, 2023, a total of 2,157 real estate transactions were registered in Dubai, the value of which amounted to more than 9 billion dirhams, data from the Dubai Land Department showed on Friday. In total, 237 plots were sold for 1.56 billion dirhams, while 1,920 apartments and villas were sold for 5.77 billion...
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12.02.20231989Since the opening of Atlantis The Royal, real estate prices in Palm Jumeirah have increased, and, according to industry experts, some investors have received more than 100% of the original purchase price of their apartment. Atlantis The Royal was opened in January 2023 in an incredible ceremony that attracted the attention of the whole...
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12.02.20232234A major Dubai developer is successfully completing work on the creation of its new architectural miracle in the Jumeirah Village Circle area. The project marks the beginning of an incredible journey that will result in an impressive living space for all those who love design and architecture. The project consists of 14 residential floors and retail...
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