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17.01.20225661Real estate transactions in Dubai in 2021 amounted to about 151 billion dirhams (41.1 billion US dollars), which is the highest figure since 2009. According to some reports, the total number of transactions last year reached 61,241, which is the highest figure since 2013. This value jumped by 110% compared to 2020, while the total number...
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17.01.20225237219 plots for 1.12 billion dirhams UAE, 1022 apartments and villas were sold for 2.25 billion dirhams UAE. Jabal Ali First recorded the largest number of transactions over the past week, 99 purchase and sale transactions worth 227.19 million dirhams were made, followed by Al Hebiah Fifth with 44 purchase and sale transactions worth 97.93...
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17.01.20226308The pace of sales in the Dubai real estate market at the beginning of 2022 is not decreasing. The land plot in Jumeirah Bay was sold for a colossal sum of 150 million dirhams. The deal was concluded just a few weeks after another land plot was sold there for 80 million dirhams. The last sold plot with a total area of 47,000 square meters...
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13.01.20226070The total value of real estate transactions in Dubai last year broke a 12-year record, reaching 151.07 billion dirhams. In 2021, 59.6% of all transactions accounted for secondary/finished real estate and 40.4% for off-plan projects. 24,761 real estate units worth 45.5 billion dirhams were sold on the off-plan real estate market, and 36,480...
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13.01.20225441The rental market in Dubai recovered strongly last year as the economy improved due to a successful vaccination program and the gradual opening of international borders. Referring to the latest report published by ValuStrat, the consulting company, analysts and industry experts said that rents for residential and commercial real estate...
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13.01.20225927Dubai demonstrates an attractive offer for both businesses and individuals. Whether it's a multinational company looking for a new headquarters or expats looking to start a new business, the emirate remains an extremely desirable place. In the first 10 months of 2021, 55,000 new companies were registered, as well as an influx of 2,000...
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10.01.20226828Jumeirah Village Circle (JVC), Al Nahda, Mirdif, Dubai Silicon Oasis and Akoya Oxygen have become the most popular areas of Dubai for renting apartments in the affordable segment. A study published by Zoom Property on Monday said that in the third quarter of last year there was an increase in the cost of renting studios, one-bedroom and...
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09.01.20226787Average real estate prices in Dubai have increased by almost 17% during 2021, which is a record since 2014. According to the ValuStrat price index, the monthly capital gain of villas in Dubai was 2.5%, while the increase in apartment prices was slightly less than 1%. However, the valuation-based index, which covers Dubai's residential real...
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On the first working Friday of 2022, transactions worth 689 million dollars were registered in Dubai09.01.20225746The value of real estate transactions in Dubai on the first working Friday after the adoption of the new weekly work system exceeded 2.53 billion dirhams (227 transactions). The total value of real estate transactions registered in the first week of the new year exceeded 7.24 billion dirhams (1766 transactions). Data from the Dubai Land...
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06.01.202254492021 turned out to be a significant year for luxury real estate in Dubai. During the year, mid-market property also began to rise in price, which indicates an increase in confidence in the real estate sector as a whole. As the experience of Dubai shows, tens of thousands of investors and end users benefit from the process of...
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