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18.07.20226054As real estate worth 300 million dirhams and above sets new standards, prices for ultra-luxury homes in Dubai have increased. This does not end at 300 million dirhams. The bar was significantly raised due to a brand-new villa, which was put up for sale on the island of Jumeirah Bay for 350 million dirhams. Is the real estate market...
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18.07.20225407Amid the demand for ultra-luxury real estate in the UAE, it is planned to form a «Billionaires' Row» in Dubai. 13 ultramodern residences are already located on this strip. Prices for these villas range from AED 120 to AED 300 million (USD 33 to USD 82 million) and are expected to boost Dubai's status as one of the most exclusive destinations for...
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18.07.20225534According to recent reports, Dubai, which is home to ultra-luxurious buildings with incredible architecture, is one of the best places for millionaire migrants. It is obvious that Dubai continues to attract more and more wealthy former compatriots with amazing megaprojects appearing here and there. In addition to the political and economic...
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18.07.20225803Dubai's luxury real estate market will continue to grow in the second half of 2022, as the limited supply of luxury and ultra-luxury residential units is unable to meet the growing demand from both buyers and foreign buyers. Industry experts, analysts and market experts said that the demand for first-class and ultra-modern real estate in...
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18.07.20225461On Monday, June 27, 2022, a brand new residential project was launched in the Dubai Festival City area. Al Badia Terraces includes 350 housing units. 132 one-bedroom houses, 193 two-bedroom apartments and 26 three-bedroom apartments will make up the Al Badia Terraces complex. Bedroom sizes range from 70 square meters for a one-bedroom...
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18.07.20225870The Islamic Bank of Abu Dhabi (ADIB) has announced the launch of its first-ever construction financing offer. The scheme allows clients to purchase a plot of land for the purpose of investing or achieving their homeownership goals. An offer available to both residents and non-residents. It allows buyers to purchase real estate or make land...
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18.07.20225328As real estate prices have reached their highs, more and more people prefer to buy land plots and build their own custom-made houses, rather than buying ready-made ones from developers. As the real estate market in Dubai is booming, land prices have also increased, but still not as much as finished houses. More and more people prefer to...
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18.07.20225757According to data published by the Dubai Land Department, 2,369 real estate transactions worth 9.9 billion dirhams were completed in the week ending July 6, 2022. For a total of 1.63 billion dirhams, 379 land plots were sold, while 4.26 billion dirhams were spent on 1,990 houses and villas. The largest transaction concerned a land...
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18.07.20225660Dubai developers have accelerated the pace of project implementation, which is a positive indicator for the market. According to forecasts, MBR City will become the area of Dubai with the largest number of residential units commissioned in 2022. According to a number of data, the community took the first place in Dubai in the ranking by...
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18.07.20225791As part of a new partnership between the Dubai Land Department and Emirates NBD, payments on rental receipts will soon be automated and digitized using the Direct Debit System of the UAE Central Bank (UAEDDS). This means that tenants will be able to make payments through their bank accounts instead of issuing checks. This practice will...
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