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17.07.20231954Experts have determined where in Dubai in June 2023, real estate prices rose the most. According to the study, Downtown Dubai was in the first place in the apartment segment. The price per square meter was AED 26,266 ($7,151). This is 2.5% more than in June 2022 and the highest figure in Dubai. In second place is Palm Jumeirah...
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17.07.20231776A new 360-apartment residential complex consisting of two high-rise buildings will appear in Dubai. The project will be the latest addition to the Midtown residential area located in Dubai Production City. The project will occupy an area of 48,440 m2. The initial price of the apartments is AED 560,000 ($152,000). The project is expected to...
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12.07.20232443Experts have begun to make more or less specific predictions about how Dubai's real estate market will change in the remaining six months of 2023. There were general forecasts that the market would grow. Recently many additional assumptions backed up by statistics have been added to them. Content: Where will new housing appear? Rent...
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10.07.20232333Analysts from the UK have estimated that in the first six months of 2023, luxury real estate worth $3 billion was sold in Dubai. Only transactions with objects worth $10 million and above were taken into account. According to the study, 176 real estate transactions worth more than $10 million were made in Dubai in six months. Most of the...
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10.07.20232367Real estate experts analyzed the situation in the Dubai market and came to the conclusion that prices in the market will not fall in the near future. According to analysts, Dubai has found in a unique position. At the moment it attracts investment and migration from both Western countries and Asian countries. This fundamentally...
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09.07.20232148An 18-storey residential complex will be built in the Emirate of Ras Al Khaimah. The artificial archipelago of Al Marjan, popular with tourists, was chosen for the development. The project consists of two 18-storey buildings and offers buyers a choice of apartments with layouts from one to four bedrooms. A total of 206 apartments, six...
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09.07.20232154In Dubai, the most expensive townhouse with an area of 2,130 m2 in the history of the local real estate market has been put up for sale. The house is being asked for AED 460 million ($ 125 million). The townhouse is located near the coastal areas of Umm Suqeim, Umm Suqeim 2 and Umm Suqeim 4. These areas are considered prestigious...
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09.07.20232249Elitz 2 will be built in Dubai, offering a choice of small studios, as well as one-two- and three-bedroom apartments. The project consists of two towers with 39 and 45 floors. Elitz 2 will be built in the Jumeirah Village Circle (JVC). The total cost of construction is estimated at AED 900 million ($245 million). The project will use...
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09.07.20232326In the first six months of 2023, the Dubai real estate market set an absolute record in comparison with similar periods of previous years. According to preliminary data, 61,000 transactions were made totaling AED 179.34 billion ($48.83 billion). The record was achieved largely due to the outstanding performance of March, May and June 2023...
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09.07.20231739June 2023 was a record year for Dubai in terms of real estate transactions, despite the Islamic holiday of Eid al-Adha. In June, 10,405 real estate transactions totaling AED 30.3 billion ($8.25 billion) were registered in the emirate. This is the best June figure in history. Prior to that, June 2009 was considered a record with a total...
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