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31.10.20222451According to data provided by the Dubai Land Department (DLD), on Tuesday, October 25, 2022, 425 purchase and sale transactions worth 1.32 billion dirhams were made in the Dubai real estate market, as well as 71 mortgage transactions totaling 386.7 million dirhams. Mortgage loans included 55 villas and apartments worth 315.5 million...
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31.10.20222154The developer announced the launch of Saadiyat Lagoons project, a residential area with views of the Persian Gulf and architecture inspired by nature. Only UAE citizens can purchase a new complex located on the eastern side of Saadiyat Island in Abu Dhabi. On November 3, 2022, 207 villas at the first stage of complex development will go on...
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31.10.20222545According to those familiar with the situation, the second richest person in India is expanding his real estate portfolio in Dubai by purchasing a new mansion on the seashore, breaking his previous record for the most expensive residential real estate transaction in the city in a couple of months. According to the individuals, who asked...
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31.10.20222155According to the latest JLL report on the UAE real estate market, total house prices in Dubai increased by 9% year-on-year in the third quarter of 2022, while average rental rates increased by 25%. Both sales and rentals were supported by strong demand and increased buying activity. While the average rent increased by 2% per year, the sale...
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31.10.20222128Russian investors currently surpass investors from India, the UK and Italy as the leading buyers of real estate in Dubai. For the third quarter of 2022, Russian investors occupy the first place, followed by investors from the UK, India, Germany, France, the USA, Pakistan, Lebanon, Canada and Romania. Indians were the leading foreign buyers...
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31.10.20222256In the third quarter of 2022, average prices in the main Dubai real estate market increased by 11.29%, and sales increased by 1.11% quarterly, indicating the continued stabilization of the market. According to the Dubai Land Department, a total of 7,552 properties were sold in the Dubai luxury housing market in the third quarter of 2022,...
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31.10.20222081According to data published by Dubai Land Department (DLD), a total of 2,338 real estate transactions worth 7.3 billion dirhams were completed in the week ending October 14, 2022. A total of 106 plots were sold for 1.76 billion dirhams, and 1,791 apartments and villas were purchased for 3.81 billion dirhams. The top three deals...
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31.10.20222027There are other signs that rising rents in Dubai are starting to drive up prices, even in places where they have remained mostly stable for most of the previous 22 months. Prices in the Deira area, where there are several rental options, increased by 4.4% in September 2022. As a result, a typical large two-bedroom apartment can now bring the...
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31.10.20221955The most famous luxury developer in the Middle East has launched Chic Tower, a 41-storey tower built to promote wellness and a healthy lifestyle in an exceptionally luxurious environment with many services and amenities. Chic Tower offers unparalleled access to world-class financial and lifestyle districts, as well as direct access to the...
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31.10.20222579According to the developer, Palm Flower will become a kind of measure of luxury and exclusivity on the palm island: there will be only 10 apartments in the building, but all of them will be the standard of premium real estate. The area of luxury apartments will be from 830 to 1700 square meters, and the main living area will be double height....
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