Sign in
Sign up
News
-
24.02.20226384Buyers snapped up real estate in Dubai with a total value of 4.5 billion dirhams ($1.2 billion) in a week, the Dubai Land Department (DLD) said on Friday. The property includes 252 plots worth 1.1 billion dirhams, as well as 1,437 apartments and villas worth 2.47 billion dirhams. It was sold during the previous week. The...
Read more -
21.02.20227743According to a new analysis, rents and property prices in Dubai are expected to decline over the next few months as tens of thousands of new residential units are expected to be commissioned this year. According to the consulting company Asteco, the real estate market, which has been on the rise for several months, may see about 30,000 new...
Read more -
21.02.20226045According to a report by the Abu Dhabi Department of Municipalities and Transport (DMT), real estate transactions worth 71.5 billion dirhams were registered in Abu Dhabi in 2021. Yas Island tops the list of the most common areas with 4.1 billion dirhams in real estate transactions. Greek Islands ranks second with 3.2 billion dirhams,...
Read more -
21.02.20227449From the point of view of real estate, some buyers believe that prices in Dubai are currently at their peak, and prefer to refrain from buying any real estate, expecting that prices will decrease after April. There was no sharp rise in prices in the real estate market due to the exhibition, and it goes without saying that a sharp drop is...
Read more -
21.02.20227771The first ownership documents are issued in Dubai as part of «fractional» ownership of real estate, which can significantly expand the investor base in the local real estate market. In its simplest form, «fractional» ownership allows several investors to purchase an apartment, villa or other types of real estate, and each of them has ownership...
Read more -
20.02.20226900Due to a house in District One, rented for a staggering 7 million dirhams, the Dubai real estate market will surely start in 2022. The identity of the tenant has not been disclosed, but it is known that as part of the deal he received a free rent for one month. During 2021, both rental and sale prices in District One have skyrocketed. For...
Read more -
14.02.20226324According to a new study, the UAE construction industry will develop during 2022, despite concerns about the increase in the cost of building materials needed to implement plans and financial opportunities available to developers. The Royal Institute of Chartered Surveyors (RICS) said in its latest report that a «high level of...
Read more -
14.02.20226756There is no doubt that the UAE is a paradise for the real estate sector: from penthouse apartments to luxury villas with sprawling gardens and incredible pools. According to The National, «Property of the Week» was a modern villa in Palm Jumeirah. This villa worth 65 million dirhams with five bedrooms and six bathrooms is located on three...
Read more -
14.02.20227009It is believed that District 2020 will arouse increased interest from buyers and investors, both local and international. The areas located near Expo-2020 will also have a positive impact on the sustainable community. In particular, the demand for short-term rentals is higher in areas located near Expo-2020. In addition to developing the...
Read more -
13.02.20226997According to the Dubai Land Department (DLD), the Dubai real estate market has registered 309 purchase and sale transactions worth 976.42 million dirhams and mortgage transactions worth 458.97 million dirhams. Sales covered 259 villas and apartments worth 614.88 million dirhams and 50 plots of land worth 361.54 million dirhams, while...
Read more