News

  • Real estate experts summed up the results of Ras Al Khaimah market for the first half of the year. In particular, they established the dynamics of prices in the emirate and selected several areas that turned out to be the most popular among buyers of apartments and villas. In the segment of apartments in the first place was the area of Al Hamra...

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  • Abu Dhabi has a record for foreign direct investment in the real estate sector. Over the past six months, foreign investors have directly invested AED 834.6 million ($227.2 million) in real estate in the emirate. This is 363% more than in the first half of 2022. Such data was provided by Department of Municipalities and Transport. Such a volume of...

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  • During the first half of the year, AED 13.4 billion ($3.6 billion) worth of real estate was sold in Sharjah. In many ways, this was facilitated by foreign investment in real estate from representatives of 88 countries. According to Sharjah Real Estate Registration Department, a total of 40,843 transactions were made in six months. At the same...

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  • Dubai has adopted a new law regulating urban planning. It was initiated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai. The new law is designed to improve the quality of the urban environment in Dubai and help create better living conditions. The law also introduces the...

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  • In Dubai, pre-sales of apartments have begun in the second stage of Sobha SeaHaven. The towers are located in Dubai Harbour, in the coastal zone. A distinctive feature of the project is the marine theme. The developer decided to make the buildings look like the sails of a mast ship. There are apartments with one and two bedrooms to choose from in...

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  • In Dubai, in the Jumeirah Village Circle (JVC), a new residential complex Helvetia Residences will appear. Sales in it will start in September 2023. There will be 430 apartments in the residential complex, which the developer plans to sell at the construction stage. It should be facilitated by the growth of the off-plan real estate market. The...

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  • A skyscraper will be built in Dubai, which will be second in height only to the local Burj Khalifa tower, the tallest building in the world. So far, there is little information about the project. Neither the official name of the new building nor its exact height have been named. It is also not specified which set of residential and commercial...

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  • Real estate market analysts from the United Arab Emirates summed up the results of June-2023 in Dubai. They collected statistics on which properties people want to buy and which to rent, and also compiled a list of the most popular areas of the emirate. According to preliminary data, 10,419 real estate transactions were made in June 2023, which is...

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  • By June 2023, the Dubai real estate market has come close to the price indicators of 2014, American analysts say. It is believed that it was in 2014 that the market reached its last peak.   By the end of 2023, the average salary in the fork segment was $16,415 ($4,469), which is 5.5% more than in 2014. In some elite areas, the price has long...

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  • In the first half of 2023, the number of real estate transactions in Sharjah increased record-breaking. The main reason, according to experts, was the emergence of the opportunity to buy housing on the freehold principle.   The most notable example was the Masaar project - a suburban residential area with townhouses and villas. In the first...

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