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23.05.20225161The Real Estate Regulatory Agency (RERA) of the Dubai Land Department (DLD) has confirmed that the Marina 101 project is in the final stage of construction. The agency stated that it had contacted investors and informed them about the most important recent developments related to the completion of the work. According to the statement, RERA...
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23.05.20225152The Sharjah Real Estate Registration Department (FORD) reported that transactions worth 6.3 billion dirhams were registered in Q1 2022. The department said in a statement that 21,615 real estate transactions were made from January to March 2022. The first three months of 2022 demonstrated a significant increase in the indicators of the...
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23.05.20224908A villa in Palm Jumeirah, inspired by the design of houses on the beach in Los Angeles, was sold for 63 million dirhams. This transaction became one of the largest in the Dubai real estate market in the second quarter of 2022. During the first four months, buyers from Europe were among the most active, especially in the elite segment of the market...
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The construction of Dubai's most expensive penthouse worth 180 million dirhams is nearing completion23.05.20225182Who want to buy a 180 million dirhams penthouse in Dubai? According to real estate brokers, the 25 000 square meter penthouse at the Royal Atlantis Resort and Residences, which is considered the most expensive in the Dubai real estate market, has aroused great interest. A purchase and sale transaction will take place closer to the...
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23.05.20225073The interest of foreign investors in Dubai remains high, the first quarter of 2022 turned out to be the best quarter since 2010: a total of 20 539 purchase and sale transactions worth just over 55.50 billion dirhams were concluded. According to the data collected, the secondary market dominated the real estate sector, as it accounted for about 58%...
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23.05.20224862In the first three months of 2022, buyers from the UAE and beyond purchased more than 30 properties worth $10 million in Dubai, paving the way for another record year in luxury housing sales. In 2021, the number of houses with a price of $10 million exceeded the cumulative figure of Dubai for 2015-20. Since the beginning of the year, sales...
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23.05.20224617The construction of the Masaar project in Sharjah is to begin immediately after the conclusion of two major contracts worth 460 million dirhams ($125 million). The project includes 4 000 villas and townhouses, as well as an area with 50 000 trees. It will occupy an area of 19 million square meters. There will also be an entertainment...
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23.05.20224471According to the consulting company Knight Frank, the «boom» in the luxury housing market in Dubai has led to an increase in prices by almost 60% over the past 12 months. This is due to the growing interest from international investors. Popular areas are Palm Jumeirah, Emirates Hills and Jumeirah Bay Island. In Palm Jumeirah,...
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23.05.20224764Real estate investors from the UK, Italy and France took first place in the list of TOP-10 foreign investors in Dubai, this is due to the dominance of the secondary market in Q1 2022. The resurgent real estate market of the emirate showed the best progress in the quarter since 2010, when a total of 20 539 purchase and sale transactions...
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20.05.20225108Over the past several years, the first-hand real estate was the market leader. More specifically, the two leading sectors were: Elite new buildings, mainly villas and other large properties; Off-plan projects, i.e. projects under construction, with low investment prices, flexible payment plans, and high returns on investment. In the vast...
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