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15.06.20225015According to market analysts, real estate market activity in Abu Dhabi and Dubai remained high in the first three months of 2022 amid a number of government initiatives, economic growth and improving market sentiment. According to real estate market experts, in the first quarter of 2022, about 3,800 residential units were commissioned in the Abu...
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15.06.20224977It is expected that following the results of the first five months of 2022, transactions with villas and apartments in the amount of 61.9 million dirhams will be registered in the Dubai residential real estate market. This will happen despite a record surge in global inflation. Real estate consultant Knight Frank believes that the impact...
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15.06.20224612More than 100 million houses worth more than 100 million dirhams have been put up for sale in Dubai. Its owners believe that the market of ultra-luxury residential premises is at the peak of its development. Apparently, the final figure for 2022 will surpass last year's, which was undoubtedly facilitated by the recent 280 million dirhams...
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15.06.20224565The race of prices and sales in the Dubai real estate market continued in May, when deals worth 18.3 billion dirhams ($4.98 billion) were concluded. This figure is the second largest in the history of the emirate. In the first place is the indicator registered in May since 2009. The most expensive deals in May 2022 were concluded in the areas of...
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15.06.20224550Two of Dubai's largest companies have signed a contract worth 40 million dirhams ($11 million) for the construction of a new marina in the Marfa Al Jubail community. The transfer of a luxury coastal project with a marina, houses and a yacht club to operation is expected by mid-2024, while the residential area in Marfa Al Jubail is planned to be...
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15.06.20225322Real estate prices on the man-made sharp Palm Jumeirah continue to grow rapidly, new records are being set here in the segment of villas and apartments. This is despite the fact that the demand for housing in a number of other areas of Dubai is beginning to decline. Data from consulting firm Knight Frank shows that prices for elite and ultra-elite...
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15.06.20224686In an effort to achieve the ambitious goal of making Dubai the smartest city in the world, the municipality has launched a single electronic platform for obtaining construction permits. The main goal of the strategy is to help investors in the real estate sector and develop a dynamic investment climate in Dubai. His Highness Sheikh...
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15.06.20224357Young and middle-aged people who intend to stay in Dubai on a long-term basis are increasingly choosing to buy real estate rather than rent it. Heads of real estate agencies and real estate analysts say that this trend is mainly observed among people with high salaries aged 20 to 40 years who invest their money to insure against inflation...
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09.06.20225124Today already-built villas and mansions aren’t the sole properties on the Dubai real estate market, plots to create the home of your dreams are selling just as quickly. A cluster of plots in the Al Wasl neighbourhood is now available to non-UAE nationals, for the first time. At the moment there are only 140 plots of 10,000 sq feet...
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09.06.20225104Dubai continues to present investors with mind-blowing opportunities year after year. The city offers exciting new projects and developments, which are appearing at an incredible speed. Out of the multitude of options, we put together a few to look-out for. Al Ranim Located in the nature-centric community Mudon, it will feature rich gardens...
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