News

  • Experts are confident that the Dubai real estate market is not threatened by a sudden collapse or a slowdown. On the contrary, the market will develop for a long time. Positive reasons include the emirate’s rapid population growth, low taxes, and low property prices, which are still far from London, Paris or Hong Kong. Content: Prices and...

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  • Dubai expects rapid development of the protech segment of the real estate market, experts say. New digital solutions will make it possible to manage real estate investments more efficiently and open previously inaccessible opportunities for buyers and investors.   By June 2023, Dubai has become home to 55% of all pro tech startups in the...

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  • In Abu Dhabi, sales have begun in The Source II residential complex. This is the second stage of The Source project, an expensive residential complex on Saadiyat Island.   There will be 148 apartments in the residential complex. Within walking distance of the residents will be the Soul Beach Beach Pavilion (South Beach), the TeamLab...

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  • The Floating Seahorse project is due to be completed in Dubai by the end of 2023. These are “floating villas” with underwater floors.   In total, the project includes 131 three-storey villas. In each villa, one floor is under water. The area of each villa is about 372 m2, on which there are, among other things, two bedrooms and three...

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  • Sales of the third stage in a large residential area of South Bay have started in Dubai. The project belongs to luxury real estate in the center of Dubai, has an artificial lagoon and a coastal zone 3 km long.   The new stage is called South Bay Phase 3. It includes more than 200 objects. Among them there are semi-detached villas with four...

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  • A new luxury residential complex in the coastal zone will be built in Ras Al Khaimah. As a location, the developers chose Mina Al Arab, a resort agglomeration and the most expensive area of the emirate in terms of real estate prices. A residential complex will be built on Hayat Island.   The project, which has not yet been named, will be...

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  • Dubai came out on top in terms of the number of branded residential complexes among cities in Europe, the Middle East and Africa. London is in the second place of the rating with a strong lag.   Notable projects include Bugatti residences, also known as Sky Mansions. This is a residential complex, a penthouse in which costs AED 750 million...

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  • Experts estimate that in May 2023, real estate transactions worth AED 2.4 billion ($653.4 million) were made in Sharjah.   A total of 3,540 transactions took place in all cities and districts of the emirate. Such data was collected by Sharjah Real Estate Registration Department (SRERD).   According to the department's report, the real...

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  • Dubai's off-plan project market expects further growth, while the finished real estate market should slow down and reach a plateau. This forecast for the results of May is given by analysts from Dubai, based on several factors. Experts believe that the off-plan real estate market will continue to grow due to the multitude of new houses under...

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  • In Dubai, a new area of luxury real estate will appear on the artificial archipelago of Palm Jebel Ali. This was announced by His Highness Sheikh Mohammed bin Saeed Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai.   Palm Jebel Ali will be about twice the size of the elite Palm Jumeirah area. In Palm Jebel Ali, the...

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