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06.05.20227339Real estate developers in Dubai are focusing on 2-bedroom apartments and townhouses as on ideal investment options for buyers who wish to purchase a property for AED 2 million and receive a golden visa. An investor's down payment should be AED 200,000. It is 10 % of the investment value of AED 2 million required for obtaining a visa. The rest can...
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24.04.20225906His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, as Ruler of Dubai issued Decree No. (15) of 2022 on the establishment of the Supreme Committee for the Supervision of Expo-2020 area in Dubai. The new committee will be headed by Sheikh Ahmed bin Saeed Al Maktoum. Sheikh Mohammed also issued...
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24.04.20226034Residents who want to rent a property in Dubai will no longer have to be guided by what the owners or broker says. Instead, renters can get all the rental records of a particular apartment online. We are talking about DXBinteract.com, which gives real-time rental information. The new initiative also provides potential investors with...
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24.04.20226022It is expected that about 7,000 residential units will be commissioned in Abu Dhabi real estate market this year. In 2021, this figure was 6,000 real estate units. The increase is due to increased demand from investors for apartments and villas in the Emirates. Market confidence in Abu Dhabi has increased significantly against the backdrop...
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24.04.20225457There is a high demand in the luxury housing market in Dubai in 2022, which will be facilitated by the growing interest from international investors. In 2021, there was an increase in activity in the luxury housing sector, and a 40 percent increase in prices was also recorded compared to the previous year, despite the problems associated...
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24.04.20224999On April 6, 2022, it became known about the launch of «wasl village» in Al-Qusais, a large community in Dubai, UAE. The project consists of 62 buildings comprising 6,200 real estate units, ranging from studios to one-bedroom, two-bedroom and three-bedroom apartments. The project also includes a shopping center, a supermarket, a...
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24.04.20224728Owners 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% jump in transactions with luxury properties was already recorded in the emirate: a total of 4,083 transactions took place. Besides, prices in the luxury real estate...
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24.04.20225593A 10-bedroom custom-built villa in Palm Jumeirah, Dubai, has been sold for a record 280 million dirhams. The modern white villa with an area of 33,000 square meters includes the amenities of a five-star spa hotel (including a gym and a beauty salon) and is decorated with Italian marble, selected to order. The property is furnished by...
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24.04.20224788Dubai real estate market continues to break records for real estate sales in prestigious areas. This trend is most noticeable in the off-plan real estate sector, where local and foreign investors are active, realizing the huge potential of the emirate's residential real estate market. In existing communities, there is an expansion of territories,...
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24.04.20224792According to data published by Dubai Land Department, a total of 2,135 real estate transactions were made in the week ending April 1, 2022. The total amount of transactions amounted to $8.2 billion. 1.45 billion dirhams were spent on 247 land plots and 3.09 billion was spent on the purchase of 1,423 apartments and villas. A land...
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