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09.01.20231714Residents who have been living in Dubai for decades are buying more and more real estate, as new initiatives on the visa regime, such as the «Golden Visa», have given them firm confidence in buying real estate and turning the emirate into their base. In addition, the successful overcoming of the coronavirus pandemic by the Emirate also...
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09.01.20231747The Dubai rental market has seen significant double-digit growth this year in line with the real estate sector, which continued its golden growth throughout the year thanks to strong demand from investors and end users following radical visa and business reforms. The latest data published by CBRE showed that the average requested rent...
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09.01.20231447According to MEED reports, plans are currently being developed in Saudi Arabia to build a skyscraper that will become the tallest building in the world. The new megaproject, which is estimated to reach a height of 2 km, will be more than twice as tall as the world's tallest building – Dubai's Burj Khalifa skyscraper with a height of 828...
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09.01.20231542In Dubai, according to official information, the Vice President, Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, approved the 2nd stage of the Master Plan for the Development of Dubai until 2040, the main goal of which is to transform the city into an environmentally friendly and pedestrian-friendly...
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09.01.20231429According to data provided by the Dubai Land Department (DLD), 385 sales of 936.65 million dirhams, 98 mortgage transactions worth 186.25 million dirhams and 41 gift transactions totaling 131.82 million dirhams were registered in the Dubai real estate market on Tuesday. The total value of real estate transactions to date has exceeded 1.2...
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09.01.20231480Recently it became known that this season the sales of villas in Palm Jumeirah were among the record. The B1 Properties company, which was founded in 2021 and specializes in buying real estate in Palm Jumeirah, has quickly established itself as a leader in the luxury real estate investment industry. Along with selling other properties in places...
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09.01.20231436According to data provided by the Dubai Land Department (DLD), on Thursday, December 15, 2022, 468 purchase and sale transactions worth 1.39 billion dirhams were made in the Dubai real estate market, as well as 84 mortgage transactions worth 259.89 million dirhams and 65 gift transactions totaling 109.6 million dirhams. The total value of...
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09.01.20231656According to the Dubai Land Department (DLD), by the end of the week, the volume of transactions in the Dubai real estate market reached 9.1 billion UAE dirhams (2.5 billion US dollars). During the week ending December 9, 2022, at least 2,233 apartments and villas were sold for a total of 4.64 billion dirhams of the UAE. In...
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04.01.20232453The residential sector of one of the world’s most desirable cities will continue to grow in 2023, with rising prices for housing purchases and rents amid increasing demand and activity from wealthy individuals (HNWI) and foreign investors. According to Zoom Property Insights, at least 20% of Dubai’s housing prices are expected to rise next year....
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28.12.20222421The emirate’s real estate market recovered after Covid-19, aided by the influx of foreign funds and wealthy individuals to the local market. Foreign nationals who have been living in Dubai for decades are buying more and more real estate, as new visa initiatives, including the Golden Visa, triggered a surge of optimism about buying real estate and...
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