Sign in
Sign up
News
-
07.06.20223079The Lagoons project in Dubai will now feature two more clusters - Venice and Malta. The idea is that all of the communities, including Santorini, Costa Brava, Nice and Portofino, are united by one theme - the Mediterranean. All the infrastructure of the project will be located around rather large water lagoons with white sand beaches, imitating the...
Read more -
07.06.20223240With the real estate sector exploding in the Emirates, one particular niche in Dubai deserves separate attention. Branded residences is a place where high class real estate meets luxury brands, offering prime lifestyle experiences. There were five main reasons identifies, as to why Dubai managed to raise such interest, rivalling NY and Miami, in...
Read more -
07.06.20223238A new project from Danube Properties promises to have more than 100 units with pools out of the 270 apartments in the building. If before developers in Dubai were going for larger living spaces, including private gardens, the trend this year shifted to private gyms, game rooms and pools. Generally with time, buyers became more demanding...
Read more -
07.06.20223020According to a recent report, presented by ZāZEN Properties’ sales partner JLL, it is expected that over 40,000 new residential units will be available by the end of 2022. This addition to the existing residential properties will drive the total to over 700,000 units. The amount of already completed residential units is based on quarterly...
Read more -
07.06.20222865Dubai apartment rents increased by up to 25% in some areas, and are expected to increase for the remainder of this year, reaching 2014 levels by the end of 2022. Dubai Marina had the highest price surge, followed by Palm Jumeirah, Jumeirah Beach Residence, Jumeirah Lake Towers and Jumeirah Village Circle, Greens. Higher rents didn’t go past the...
Read more -
26.05.20224038Following the announcement made by Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the Chairman of the Executive Council of Dubai, the emirate took first place in the global ranking of countries that have received the largest amount of foreign direct investment (FDI). In 2021, the metropolis recorded 418 Greenfield FDI...
Read more -
23.05.20223447Owners of luxury real estate in Dubai are postponing the sale of houses, as they expect an additional increase in prices in prestigious areas by 10-15%. In January 2022, a 30 percent jump in transactions with luxury homes was already recorded in the emirate - a total of 4 083 transactions took place. Also, prices in the luxury real estate...
Read more -
23.05.20223708Interest rates in the UAE are rising by 0.50%. The only thing buyers of real estate in the UAE can do is try to fix their financing rates for a long period. This is the best option to compensate for the higher cost of housing financing. It is expected that it will continue to grow throughout the year. The increase in rates by half a...
Read more -
23.05.20223735An apartment in Bulgari Resort&Residences complex in Dubai has set a new record for the highest price per square meter in the city. A three-bedroom property on Jumeirah Bay Island has been sold for 40 million dirhams ($10.9 million). The cost per square meter in it was 12 624 dirhams. These are the data from the database of Dubai Land...
Read more -
23.05.20223066In Q1 2022, 3,304 real estate transactions worth 11.3 billion dirhams ($3 billion) were registered in Abu Dhabi. The UAE real estate market continues to recover after the recession caused by the pandemic. This was announced by the Department of Municipalities and Transport of the Emirate (DMT). According to official data, in the first...
Read more