With 81 floors and 1,701 keys, Dubai's Habtoor Tower will be the largest residential tower in the world. Al Habtoor Group in Dubai has announced the opening of the biggest residential structure in the world. On Sheikh Zayed Road, next to the Dubai International Financial Centre (DIFC), on the banks of the Dubai Water Canal, and with a view of the Burj Khalifa, the Habtoor Tower will be constructed. The...

Residents Of These Ultra-Luxurious Projects Can Now Enjoy The Ultimate Convenience Of Driving Their Cars Directly To Their Personal Floor. Dubai is swiftly establishing itself as a pioneer in the realm of branded residences, exemplified by the recent launch of the world's first Bugatti branded residence. This opulent project, consisting of a remarkable 43 floors, will accommodate 171 mansions and 11...

Abu Dhabi Housing Authority Inks Two Agreements With Q Holding Abu Dhabi has unveiled a groundbreaking initiative to develop 1,742 villas at a staggering cost of over Dh7 billion in the West Baniyas and Al Samha regions. The Abu Dhabi Housing Authority recently announced this major undertaking. Which aims to address the housing needs of its citizens. The West Baniyas residential project will consist...

Innovative Ultra-Luxury Tower in Dubai Transforms Residents' Commute by Enabling Direct Access to Their Floors Dubai witnessed the grand launch of Bugatti Residences, an extraordinary residential project developed by Binghatti. Featuring the iconic French luxury carmaker's first-ever foray into the world of real estate. The local real estate market continues to be dominated by the demand for branded...

Dubai Islands By Nakheel Marinas To Feature 248 Wet Berths For Vessels Dubai, May 24, 2023: Nakheel, the esteemed master developer, proudly launched Nakheel Marinas Dubai Islands, a remarkable marina destination, on Wednesday. Nestled along the scenic northern coastline of Dubai, this new marina offers a host of exceptional facilities for boat and yacht enthusiasts. Designed to accommodate a maximum...

Dubai, UAE - On May 24, the world will witness the launch of the groundbreaking Bitcoin Tower, an innovative project set to launch at the 28th Conference of Parties (COP28) in Dubai. Spearheaded by developer Salvatore Leggiero, this initiative also marks the establishment of a new hotel chain. The Hotel Chain's Vision According to EINpresswire, the hotel chain aims to embrace cutting-edge...

Dubai, the largest city in the United Arab Emirates (UAE), has emerged as a popular destination for individuals and investors looking to buy properties. With its modern infrastructure, luxurious developments, and attractive lifestyle, Dubai offers a range of options for those seeking residential or commercial real estate opportunities. Here are some key points to consider when looking to buy properties...

Although Interest Rates Have Been Rising Over The Previous Few Quarters, The Increase In Rental Activity Has Been Far More Dramatic. An upward trend is observed among Dubai residents, as an increasing number of individuals are opting for bank mortgages to purchase properties. Escalating rental prices, surpassing monthly mortgage repayments in some instances, serve as the primary catalyst for this...

In The UAE, Hotel Real Estate Deals Are Once Again In Vogue. Sources familiar with the matter suggest that Anantara the Palm Dubai, a prestigious super-luxury resort, is nearing a sale valued at approximately Dh1.1 billion ($280 million). The current owner, Seven Tides, is collaborating with Grant Thornton LLP to explore this potential transaction. Renowned for its 400-meter private beach...

Exploring the Glamour and Luxury of Emirates Hills: Dubai's Premier Residential Community Introduction: Nestled in the heart of Dubai, Emirates Hills stands as a testament to opulence and exclusivity. Known as the "Beverly Hills of Dubai," this premier residential community boasts lush greenery, breathtaking architecture, and a sense of tranquility that is unmatched. In this article, we invite you...

Industry Executives Praise Simplified and Hassle-Free Dubai Property Buying Process Mohammed Iqbal and his wife, who had been contemplating purchasing property in Dubai for a while, finally decided two years ago after careful financial planning and consideration. The impact of the pandemic prompted them to save up and take the leap. They evaluated factors such as return on investment, forex rates, and...

Dubai, the bustling metropolis known for its stunning skyscrapers, luxurious lifestyle, and thriving business environment, has become a sought-after destination for real estate investment. With its robust market, strategic location, and attractive rental yields, investing in Dubai properties can be a lucrative opportunity for both local and international investors. In this comprehensive guide, we will...

Step-By-Step Guide To Buying Resale Properties In Dubai What elements ought buyers to think about while choosing between older and newer residences in Dubai? What tests must to be carried out before purchasing an older property? Dubai is a bustling city with a thriving real estate market that offers a variety of houses for sale. There are a number of considerations to make when choosing between old...

Unprecedented Record Set As Jumeirah Bay Island Four-Bedroom Apartment Achieves New Heights A lavish penthouse with four bedrooms in the Bulgari Resort and Residences in Dubai just sold for an incredible Dh122 million. That Sets a new benchmark for the priciest ready penthouse sold in the city. The penthouse spans an entire floor, covering an area of 12,113 square feet. Indicating that the demand for...

Complete Project Details Set To Be Revealed On May 24th In a groundbreaking collaboration, Bugatti, the esteemed luxury automotive brand, joins forces with renowned UAE real estate developer Binghatti to introduce the inaugural Bugatti Residences in Dubai. Mate Rimac, CEO of Bugatti Rimac, expressed their aligned vision for creating exceptional living spaces. While Muhammad Binghatti's expertise in...

Palm Jumeirah is a man-made marvel, an island in the shape of a palm tree that has become one of the most sought-after destinations for property buyers. With a range of luxurious amenities, including beachfront living, high-end retail, and top-class dining options, Palm Jumeirah is a community that offers a truly unique living experience. In this guide, we will discover the latest off-plan and...

Armani Beach Residences At Palm Jumeirah Will Offer A Variety Of Homes And A Limited Number Of Penthouses. All Of Which Will Come With A Wide Range Of Inclusive Amenities. The Armani Group has disclosed an agreement with master developer Arada, based in the UAE, to create the Armani Beach Residences in Palm Jumeirah. The upcoming ultra-luxury residences will feature the work of Japanese Pritzker Prize...

Nakheel's Dedication To Improving The Well-Being Of Dubai's Inhabitants, Residents, And Tourists Is Demonstrated Through Its Initiatives. Leading master developer Nakheel has introduced the opulent Como Residences. Como Residences. A new luxury residential development on Palm Jumeirah in Dubai. The development offers an elevated waterfront living experience with privacy, exclusivity, and premium...

Luxury Dubai Property Demand Reaffirmed With Sale Of 8-Bedroom Mansion On Lanai Island A mansion in the Tilal Al Ghaf villa community has been sold for Dh200 million. Setting a new price benchmark for the Majid Al Futtaim Properties project. The sale confirms the continuing strong demand for luxury homes in Dubai. Particularly those priced at Dh100 million and above. This sale comes just days after the...

Engaging A Real Estate Agent Can Be Beneficial In Dubai Property Transactions. 1.    What Is The Commission Fee For Hiring A Real Estate Agent When Purchasing A Property In Emirates Hills, Dubai? In Dubai's Emirates Hills, a real estate agent usually charges a commission fee of 2% of the final sales price. Both the buyer and the seller typically pay that to their respective agents. As...

Dubai Is Well-Positioned To Accommodate 36000 Additional Hotel Rooms. Dubai's hotel industry is preparing for a lot of activity, and it is not just about keeping the rooms and suites open to receive more visitors. In what industry insiders refer to as the "next golden age" of the industry. There is a lot of activity going on in terms of new hotel projects being completed. Key Points In the first...

Michael Zager, Former IHG Executive, Joins The Developer To Lead Its Hotel Management Ambitions. Dubai-based developer Azizi Developments has recently announced its expansion into the hospitality sector. Through the launch of a new division focused on hotel management. The company has hired Michael Zager, a former executive of InterContinental Hotels Group (IHG), to lead its ambitious venture into the...

Buying Property In Dubai Is Now A Much More Streamlined Process. Query 1: Could you outline the procedures for purchasing a home in Dubai? I am a recent immigrant from the United Kingdom. The terminology employed by real estate salespeople to describe the buyer-seller agreement, land department registration, Ejari, and other terms has me perplexed. Response: Due to the use of cutting-edge...

Growing End-User Demand For Homes In The Dh1m-Dh2m Price Range Despite Rising Rents. Expo City is now the sought-after location for those looking for affordable homes in Dubai. The recently launched Mangrove Residences in Expo City offers one-bedroom units ranging from Dh1.39-Dh1.59 million, and two-bedroom units priced from Dh2.05 million to Dh2.55 million, competing with established areas such as...

A Stable Economy, 100% Foreign Ownership, Golden Visas, And Covid-19 Handling Attract European Investors To Dubai. Real estate market Dubai has seen a shift in its top investors in the first quarter of 2023. As per a report, British, Indian, and Russian nationals were the top investors, with Europeans and Russians overtaking those from the Indian subcontinent. This shift can be attributed to various...

Dubai's Real Estate Market, Which Began Its Remarkable Growth After The Pandemic, Has Shown No Signs Of Slowing Down This Year. According to Richard Waind, group managing director of Betterhomes, tenants in Dubai are looking more and more to purchase real estate out of fear of obtaining eviction notices from landlords as a result of the surge in rental rates. In both the sales and rental markets,...

Gated communities have become increasingly popular in recent years, especially in cities where the population density is high. One such community that has garnered a lot of attention is Sobha Reserve Villas in Dubai. Sobha Reserve Villas Dubai offers a luxurious lifestyle that is perfect for families. This gated community is located in the heart of Dubai and provides a safe, secure, and comfortable...

The 65-Storey Tower Holds The Distinction Of Being The Tallest Building In Jumeirah Village Triangle. Danube Properties, a leading private developer, has launched the ultra-luxury Fashionz tower in partnership with FashionTV. This move comes as demand for high-end and branded residential properties continues to drive the local real estate market. The tower is located in Jumeirah Village Triangle (JVT)...

Dubai Land Department Introduces a New Service to Authenticate Real Estate Advertisements Dubai implements QR code verification system to combat fake real estate advertisements. Dubai encourages property investment to enhance property deals. The Dubai Land Department has launched a new system called Madmoun. This employs QR codes to authenticate property details on all print and audio-visual...

Non-Resident Investors Find Dubai's Investor-Friendly Environment Appealing. 1.    Query I am a businessperson with holdings in the UAE and the US. I need to transfer money. Therefore, I may buy a $1,500,000 house in Dubai. Although I frequently travel there for work. I am not a resident of the UAE and have no plans to settle permanently...

Nabilla Leona Benattia-Vergara Acquires Penthouse At Damac Bay By Cavalli In Dubai Harbour Celebrities from across the world continue to invest in Dubai's luxury real estate market, with Nabilla Leona Benattia-Vergara joining a lengthy list of previous investors. With Omar Naguib, the founder, and CEO of ON Real Estate, Vergara—who is also the creator of the personal care company Nabilla...

Are you ready to take the next step toward your dream home? Look no further than the breathtaking destination of Dubailand, where luxury and sophistication come together to create a one-of-a-kind living experience. This sought-after area is home to world-class amenities, stunning architecture, and premium properties that are sure to exceed your expectations. With the top apartments for sale in Dubailand...

The Emirates Rent Law Clearly Lays Out Both Parties' Responsibilities. Query: Who is responsible for maintenance, such as AC, plumbing, and general upkeep, in the apartment that I am renting in Dubai? Response: Based on your question, it can be inferred that you are currently leasing an apartment in Dubai. Therefore, the regulations set forth in Law No. 26 of 2007 Regulating the Relationship between...

The Pandemic Caused A Significant Surge In Demand For Villas And Townhouses. As Residents Sought To Move Out Of Their Apartments And Into More Spacious And Independent Living Spaces. In Dubai's real estate market, there is a higher demand for two-bedroom apartments among both investors and end-users. This shift can be attributed to changing consumer preferences. Such as a growing inclination towards...

Becoming A Landlord May Not Be For Everyone, Despite The Allure Of The Potential Wealth. For a long time, real estate investment has been popular, but it has been limited to those who can afford it. However, with trends such as house flipping and short-term vacation rentals, real estate investment has become more accessible. This has attracted millennials looking for a second income stream during an...

Disputes Can Be Referred To Rera Rental Dispute Centre In Dubai. If you are a tenant and have been asked to vacate your villa due to the owner's plans to renovate the building, you must receive a 12-month notice period. According to Article 25, Law 33 of 2008 (Amendment of Law 26, 2007), if the landlord deems the property to be in a condition that requires restoration or comprehensive maintenance. That...

Golden Visas And Luxury Residences Are Boosting Dubai Off-Plan Property Sales, And More Are On The Way. The Dubai property market is currently experiencing a surge in off-plan sales. Developers offer discounts of up to 5-10% on down payments, along with a complete waiver of registration fees and other charges. Some projects even allow buyers to make down payments as low as 1% or a fixed amount of...

Dubai's High-End Housing Property Market Is Also Expected To See An Increase In Investment From European Investors This Year. Driven By High Inflation Rates In Their Home Countries. According to a recent market analysis, affluent Chinese investors are expected to drive a significant increase in the percentage of foreign purchasers in Dubai's most sought-after luxury home category in 2023. This is due...

The 3-Tower Cluster From Meraas Symbolizes D3’s Expansion To Full Mixed-Use Status Meraas Launches First Freehold Homes in Dubai's Popular D3 Office District. Dubai's sought-after d3 office district, known for its trendy boutique offices, is set to introduce its first-ever freehold homes. The master developer, Meraas, will initiate the first phase of the 'Design Quarter' at d3, which will feature...

Leasehold Properties Typically Have A Lower Initial Purchase Cost Compared To Freehold Properties. As an expat looking to buy property in Dubai, understanding the differences between freehold and leasehold ownership is crucial. Both options have their benefits and drawbacks, and it is essential to weigh them carefully before making a decision. Freehold Ownership Freehold ownership gives you...

By Q2 2024, The Dh2b, 365-Meter-Tall Ciel Dubai Marina Will Welcome Its First Visitors. The 82-storey Ciel Dubai Marina, which will be the world's tallest standalone hotel tower, is expected to have its operator identified by this summer. As there is reportedly heavy competition among the contenders. The development costs around Dh2 billion, and it will be completed in the first quarter of 2024. With...

There Has Been An Unprecedented Demand For Ultra-Luxury Properties. As Evidenced By Indian Billionaire Ambani's Purchase Of The Most Expensive Property Ever For Dh600 Million. Dubai's prime property prices are significantly lower by 20 to 80 percent. In comparison to major global cities, such as Monaco, Hong Kong, New York, London, Geneva, Paris, Beijing, and Tokyo. Even after experiencing a...

To Provide Premium Properties, Including Townhomes, Duplexes, 1-4 Bedroom Flats, And Penthouses Nine Yards, a real estate development partnership between Ethmar International Holding and Al Nahda International Holding, has announced the launch of Sea La Vie, a new residential project valued at AED 2 billion on Yas Island, Abu Dhabi. The project is expected to enhance the already-established reputation...

A Fledgling Start-Up In Dubai Is Poised To Shake Up The Lead-Generation Industry With Disruptive Strategies. The real estate market in the GCC is about to undergo a massive transformation. Thanks to Artificial Intelligence, Web3, and ChatGPT. Web3 technology-powered start-ups are making their way into the property market, signaling a major shift. However, the industry has relied on traditional and...

The Master Development Has A Completion Target Of Q2 2025. MAG, one of the leading real estate developers in the UAE, has announced the sale of 90 villa plots at its Dh3 billion luxury residential development, Keturah Reserve, in Mohammed Bin Rashid City, District 7 in Meydan. The plots, ranging from 480-1,080 square meters, offer buyers the opportunity to develop customized villas. That align with the...

While Dubai Develops New Waterfront Projects, Deyaar Creates The 52-Story "Mar Casa" Building. Dubai Maritime City is set to receive a new beachfront tower from Deyaar with a budget of Dh1.1 billion. The project, called Mar Casa, marks a potential new round of development activity at DMC. According to Deyaar CEO Saeed Mohammed Al Qatami, the tower aims to offer new opportunities for investors and...

Release Of The First Phases Of Freehold Clusters By The Master Developer Of The Expo Dubai Site The initial release of residential units for sale in Expo City Dubai starts at Dh1.2 million and above. This marks the first freehold sales of its kind. The first phase of the City was exclusively for the rental market and was utilized during the six-month Expo event. These new launches will be part of...

While Selecting An Agent, Strongly Advised That Investors Select An Area Specialist. A real estate agent's best function is advising and helping buyers and seller's market. Buy property for the right price, under the best conditions. A skilled agent should be able to assess the needs of the client. Take into account their financial status, and suggest solutions that are appropriate. The agent evaluates...

A Total Budget Of Dh515 Million Has Been Allocated For The Tria Project. Which Commenced Already And Is Scheduled To Complete In 2025. One of Dubai's top real estate companies, Deyaar Development PJSC, has announced the selection of the principal contractor for the Tria project. A distinctive luxury residential tower in Dubai Silicon Oasis (DSO). Tria, a 32-story integrated residential building at the...

The Feature Supports Dubai Economic Agenda D33 Aims Dubai Land Department (DLD) has introduced a new feature called 'Instant Sale' that utilizes smart evaluation technology to streamline real estate transactions without requiring audits. This feature applies to the sales of real estate units, including apartments and villas, located in freehold areas and facilitated through Real Estate Registration...

In Dubai, St. Regis Residences Takes Advantage Of The Ongoing Demand For Branded Properties. Dubai's super-premium property market is thriving in 2023. As Adventz Group's 'St. Regis Residences' sold Dh1 billion worth of units in the first hour of launch, with 70% of the 232 units sold. The tower, set for completion in 2025, features branded residences and continues to attract buyers in Dubai. Market...

Note that the developer shall return any money received by the buyer if a RERA ruling cancels the project. In Dubai, I intend to purchase an off-plan property. What occurs if the builder is unable to deliver the property? What rights do I have in this situation? Any off-plan property offered for sale by a developer in Dubai must record in the Interim Real Property Registry kept by the Dubai Land...

These Days, The UAE's Growing Base Of Rich Inhabitants Is Expanding Beyond Housing. The UAE has long been the centre of Middle Eastern shopping, but today's "shoppers" are just as likely to buy a private aircraft or a luxury boat there. To go along with the residences that are often purchased for between Dh100 million and Dh600 million. Since 2021, the number of ultra-wealthy people living in the...

Sales Will Be For 227 Homes At Uptown Tower, Which Is Adjacent To JLT. The 340-meter-tall Uptown Tower, Dubai's newest skyscraper, has begun taking reservations for its residential units. The top 28 levels of the "SO/ Uptown Dubai Residences" are home to 227 branded signature residences. The 340-meter building has 81 stories and will have conference facilities in addition to a 5-star hotel with 188...

These Are The Factors You Should Take Into Account When Choosing An Apartment To Rent In Dubai. Although Dubai is a city of alternatives and possibilities, it is not always simple to find what you are searching for. A house is more than simply a location you return to after work. it is also, where you will spend the next several years creating the majority of your memories. Although it is a monumental...

Over Two-Thirds Of Owners Polled Intend To Sell In Order To Capitalize On Market Conditions. A YouGov survey commissioned by Metropolitan Homes found that 64% of Dubai property owners plan to sell. 52% plan to do so in the next 12 months. The survey polled 300 UAE property owners and found that 90% would buy another property in Dubai. This is if they were able to sell their current property at a...

According To A Study, The Third-Most Expensive Premier Property Sold Last Year Was A Dh600 Million Villa On Frond N In Palm Jumeirah. The 25 most expensive properties sold worldwide last year included three Dubai properties. The famous Palm Jumeirah, which has been the main draw for foreign buyers of high-end real estate, is where all three of the homes were situated. According to Savills, Dubai's...

Numerous Product Introductions in Dubai Sports City inspires By The "Island Lifestyle." Samana Developers has launched two of its planned 12 project launches for the year. Taking inspiration from the Greek islands. The two projects named 'Santorini' and 'Mykonos' in Dubai Studio City will cost Dh320 million to build. Samana Developers aims to create island-style living with an environmentally...

Additionally, A Metropolitan Homes-Commissioned Survey Reveals That 90% Of Respondents Plan To Buy Another Home In The Emirate After Selling Their Current One. According to a YouGov survey commissioned by Metropolitan Homes, a new division of the Metropolitan Group concentrates on Dubai's secondary market. That catering to end-users, investors, and wealthy asset owners, nearly two-thirds of Dubai...

The Residences Are A Collection Of 33 Ultra-Luxury, Fully Furnished Two- To Six-Bedroom Homes, Penthouses, And Villas. That Are For Sale. Each Home Features Exceptional Design, The Best Materials, And Impeccable Service. Emerald Palace Group (EPG) has made a small cluster of 33 ultra-luxurious residences, penthouses, and villas available on the renowned Palm Jumeirah Island. A Dubai-based developer and...

You Are Just One Step Away From Fantastic Rental Deals Whether you are a local or have lived in Dubai for a while, its cutting-edge, secure, and welcoming atmosphere, along with its excellent attractions, quickly make it a place we can call home. Finding that great place to rent is a perfect justification for calling this magnificent city home. Discovering happiness and serenity is essential for any...

Rental Prices Are Not Projected To Fall In The Coming Months. Due to Continued High Market Demand and a Scarcity of Accessible Office Space. Can a foreign firm purchase commercial property on Dubai's Mainland? We intend to create a branch of our company and are searching for office space for 50 employees. It is a long-term software development and sales effort. What kind of rent can we expect to pay...

An Expert Describes How Property Management Companies Operate And How To Collect Rent While Traveling. I want to move back to my place of origin after just losing my job in Dubai. My villa has a loan on it, and I intend to rent it out. What steps are involved? Can I receive rent in my home country directly as an owner, or should I work with a Dubai property management company? I do not want to keep the...

With a 58-Storey Tower and Prices Starting at Dh2m, Sobha Enters JLT The Jumeirah Lake Towers are once again producing a large number of new launches, with Sobha Realty the most recent to do so with the Verde by Sobha, a high-rise. At over Dh2 million, apartment prices are at the upper end. The 58-story building will be located across from Cluster H. Ellington and Danube have also just launched at...

Why Do So Many People Choose To Live In JVC Dubai, According To Locals and Experts Several people of Dubai have been compelled to move to the suburbs due to rising rents. Jumeirah Village Circle is one of the locations that are now most benefited from the migration. With a burgeoning population, the neighborhood is thriving, and houses are available for rent that is substantially lower than in other...

The City's Luxury Lifestyle Is About To Undergo A Change Thanks To This Boutique Home Building. Beverly Boulevard, Arjan is the name of the newest residential development project by Dubai-based HMB Homes Real Estate Development. The company has a strong commitment to building a community that offers inhabitants the ultimate luxury and tranquility. This complex contains 271 total units, of which 262 are...

The Deal On A 4,790 Sq. Ft. Property Is One Of The Highest ‘Single-Unit Rents' In Dubai So Far In '23. As Palm Jumeirah rentals continue their strong trend into 2023, a penthouse at Omniyat Properties' One at Palm skyscraper has been rented out for Dh1.7 million. One of this year's "largest single-unit rentals" in Dubai is represented by the deal. The 4-bedroom, 4,790-square-foot penthouse was in...

Co-Living/Working Possibilities Are Becoming Popular Among New And Younger Inhabitants In Dubai. Following a difficult launch in the immediate wake of the Covid phase, "Co-living" choices in Dubai are once more vying for more visibility with renters. Co-living spaces will become increasingly prevalent in the city as landlord attitudes improve at a time. When prospective renters are looking for less...

According To Research, In The Dh20 Million And Above Luxury Property Market Segment, The Famous Man-Made Island Accounted For 30% Of Dubai's Real Estate Deals In 2022. According to a report published by a luxury property consultancy, Palm Jumeirah is the ultra-high net worth individual's (UHNWI) favorite target when investing in Dubai's ultra-luxury property market. As per luxury property consultants...

69-Story "Aire Dubai" Properties Triplex, Duplexes, And Penthouses Are Purchased As Part Of The Deal. A Dh650 million purchase for a group of units at a new tower complex on Sheikh Zayed Road was completed. Just over a month and a half into 2023 as per the city's real estate market.  Two duplexes, a triplex, and five full-floor penthouses spread across 11 storeys at the top comprise the "entire crown...

The Easiest Method To Find A Real Estate Agent Is To Start By Asking Your Friends And Family. For Referrals And Getting Their Feedback On The Property Agents They Have Used. The Dubai Land Department's Real Estate Regulatory Authority oversees rental rates in Dubai (RERA). If the property owner: Given you sufficient notice (often 90 days) before raising the rent His request is consistent with...

In The City's Burgeoning Real Estate Market, Proptech Is Emerging As A Game Changer. Investor confidence in Dubai's real estate market remains high. A new player is upending the market by using artificial intelligence (AI) to match homebuyers with their ideal properties. Realiste, is a real estate technology company established in Dubai. Not only enables customers to purchase the best off-plan...

A British Family Spends Dh90.1 Million On A Prestigious Property In The Neighborhood. Tilal Al Ghaf has become the new ideal location for foreign investors. After two additional prime villas were sold to European buyers for record prices. A British family and a European investor invested in premium villas at Lanai Island. As part of the Majid Al Futtaim-developed mixed-use development in Dubai. A...

Data From The Dubai Land Department Show That 1,999 Apartments And Villas Sold For A Total Of Dh4.59 Billion. While 311 Plots Achieved A Dh2 Billion Profit. According to data from the Dubai Land Department (DLD), the real estate market in Dubai had 2,785 real estate transactions. Totaling Dh10.3 billion during the week ending February 10, 2023. According to the DLD data, 311 plots were sold for Dh2...

Real Estate Experts Anticipate an Increase in Prices Of Up To 10% This Year Due To the Robust Demand In The Luxury Market. According to analysts, Dubai's real estate market will continue to expand this year. As end users and investors continue to invest in the residential sector of the emirate. Due to their strong belief in the country's promising economic future. Tourism, visa liberalization, and...

The Chairman Of Dubai's Largest Private Real Estate Company Believes The IT Sector Has A Bright Future And Describes Data Centers. As An Advancement Of The Real Estate Industry That Uses MEP Engineering And More Advanced Technologies. According to the company's chief executive, DAMAC Group sees a promising future for information technology. In addition, wants to invest $1 billion in the data center...

To The UAE, It is Predicted That the Event Will Draw More Than 120 Exhibitors from More Than 40 Nations. Including The United States Of America, The United Kingdom, Turkey, Cyprus, Portugal, Pakistan, And India, Among Many Others. That Offer Benefits To Potential Investors. The largest Middle Eastern property platform for local and international markets, the International Property Show (IPS 2023), is...

At The Majid Al Futtaim Project, An Indian Buyer Completes The Largest Transaction To Date. Dubai's new super-luxury residential neighborhoods are getting close to selling homes for Dh100 million or more. Early in February, an Indian family purchased an eight-bedroom villa on "Lanai Island". As part of the Tilal Al Ghaf master complex for Dh90.5 million. According to a representative of Metropolitan...

N.A., a resident of Dubai, has just received notice of a Dh14000 yearly rent increase. The foreigner said that her annual rent jumped from Dh70000 to Dh84000. While she has been residing in the same three-bedroom flat in the Zaabeel neighborhood for the past ten years. That is a 20% increase in rent from the previous year and is more than Dh1100 a month. The notice from N.A. is consistent with the...

Five Best Recommendations on How Tenants in the Emirate Can Save Big In The Event Of a Rental Increase With rent increases in Dubai reaching historic highs in 2022, tenants are receiving notices of increases ranging from 15% to 20% this year. According to Sarah Hewerdine, head of marketing at agency-owned real estate website Houza, accepting rent hikes can be a "difficult period" for tenants. They...

The Revised Rental Agreement Will Result In Monthly Or Quarterly Payments Becoming Increasingly Prevalent. Dubai has integrated the Central Bank's direct debit system with the Ejari real estate online registration system. Enabling landlords to debit rent straight from the tenant's account and do away with the requirement for post-dated checks. However, a major concern for tenants who make monthly,...

Imtiaz Developments breaks ground for its latest Dh 130 million residential projects, Westwood Grande by Imtiaz In Jumeirah Village Circle, Imtiaz Developments has successfully finished the groundbreaking construction of its brand-new architectural marvel. The achievement, spearheaded by Masih Imtiaz, CEO of Imtiaz Developments, heralds the start of an amazing journey. That will produce a magnificent...

The Cooperation Will Enhance The Growing Portfolio And Diverse Offering By Both Enterprises Via Development Of Three Communities Across 38.2 Million Sq. Ft. Of Land Dubai Holding has signed a legally binding joint venture agreement. A highly diversified investment company with a vast portfolio of assets valued at Dh130 billion, and Aldar Properties, the top developer, investor, and manager of real...

31 Penthouses And The Stunning Three-Story Sky Villa, With Nine Bedrooms And A Personal 13,000 Square-Foot Patio, Will Be Housed In The 27-Story Bvlgari Lighthouse. An apartment at the Bvlgari Lighthouse on Jumeirah Bay Island has been sold for a stunning Dh410 million ($112 million). Making it, the most expensive flat ever sold in the emirate. The nine-bedroom residence is 38,970 square feet in size,...

They Are Set To Resume Their Place On The UAE's List Of Top Property Buyers Once The Covid-19 Border Restrictions Are Lifted. Following their fall from prominence during the Covid pandemic, Chinese buyers appear poised to recover their place atop the UAE's list of top buyers of real estate this year. The Dubai-based company Driven Properties, which also has offices in China, claimed that investments...

If you want to live near water or the ocean, there are many waterfront homes available in Dubai. They offer you stunning views of the sea and all of the action that goes on in this vibrant city. These communities offer a unique vacation experience and serve as good investment options. Let us take a look at some of the most popular waterfront homes in Dubai. Waterfront Homes in...

With The New System, Tenants And Landlords Can Specify The Rent Payment Plan When Creating Or Renewing A Contract. Ejari, a mechanism for renting out real estate in Dubai, is now "completely linked" with a direct debit system (DDS). The UAE Central Bank's DDS does away with the requirement that tenants submit post-dated rental cheques, as the Khaleej Times reported in July of last year, according to...

The Growing Population Is Encouraging The Development Of New Projects And The Supply Of Residential Units In Dubai. Dubai's population officially reached 3.55 million in 2022. Moreover, more expats choose the emirate as their second home. It continues to expand at a rapid rate. Several new home developments by famous builders have been launched in the emirate to accommodate this growing population....

In 2026, Viewz Will Provide Apartments With Aston Martin-Furnished Interiors As Well As Sky Villas. Danube Properties inaugurated Viewz, its largest real estate project, on Friday, a set of twin high-rise towers that, when completed, will deliver apartments and Sky Villas worth more than Dh1.4 billion. The project will be launched in collaboration with Jumeirah Lakes Towers (JLT) master developer,...

The Middle East And North Africa Are Quickly Adopting This Revolutionary Technology. According to a survey by Future Market Insights, the worldwide prop-tech sector is anticipated to develop at a compound annual growth rate (CAGR) of 16.8% to reach $86.5 billion by 2032. In 2022, the amount was $18.2 billion. Over 10,000 vendors currently make up all startups and more experienced prop-tech...

Online Ads Received The Most Licenses, Which Is Surprising. According to data, the Dubai Land Department issued 9,047 real estate permits and 6,479 real estate licenses in 2022. An increase of 46.6% and 53.0%, respectively, over 2021 levels.  The rapid increase in permits and licenses is a reflection of the rising demand from international real estate investors. They are attracted by Dubai's robust...

Located In Dubai Harbour, DAMAC Bay Retains A Design Theme Inspired By The Wonders Of Marine Life Throughout, With An Interior That Features Seashells, Pearls, And Zebrafish Patterns And A Streamlined Façade That Honors Tranquil Ocean Waves. DAMAC Properties have formally declared the opening of DAMAC Bay by Cavalli. The 42-story, three-tower building, with an aesthetic created by the renowned Cavalli...

The beautiful skyscrapers of Dubai captivate people from all over the world with their beauty. People from all over the world are migrating to Dubai due to its stable economy, currency, and abundant job opportunities. Most people are attracted to luxury buildings. Like Dubai Apartments, Penthouses, and Sky Villas Dubai. The city of Dubai has plenty of places to choose from when it comes to luxury sky...

Wadi Al Safa 3 Has The Most Expensive Real Estate Deals. With 10,853 sales last year, the Business Bay community had the largest number of real estate deal in Dubai. Other areas in the top ten list of locations with the most transactions include: Dubai Marina (10,074) Al Barsha South 4 (7,338) Burj Khalifa (6,955) Al Merkadh (6,133) Al Hebiah 5 (5,868) Jebel Ali 1 (5,242) Hadaeq...

Viewz Residence by Danube Properties is the first-ever project in the Middle East to be branded by iconic British manufacturer Aston Martin. The development is located in Jumeirah Lake Towers, Cluster K, and offers a number of amenities and features. Viewz Aston Martin Tower is also the first-ever project to feature the world's largest apartment, which is located on the 69th floor. These sky villas are...

Landlords Discover Their Renters Are Winning The Majority Of Judgments Under The Existing Rental Index. Both landlords and tenants are closely monitoring the Dubai Rental Index to see if it will soon fully reflect the rent hikes observed in 2022. However, their motivations for doing so are very different. Landlords prefer that their existing renters pay 15–25 percent more than they did when they...

The Proposal Includes An Indoor Jogging Track As Well As Lush Green Meditation Areas. AIRE Dubai, the newest high-rise skyscraper from ALTA Real Estate Development, was revealed on Monday in Dubai. The project, which is located in Downtown Dubai, was designed by the Australian company McKimm and was built by Miami-based Arquitectonica. There are numerous amenities accessible, including a large pool...

Will It Be Another Record Year With 45 Purchases Involving Homes Worth Dh15 Million Or More? The Dubai property market is off to a rousing start in 2023. With 45 houses getting Dh15 million or more in the initial 15 days of the year. The perception is that the first quarter of 2023 will be just as robust for high-value residences. In the full year of 2022 when Dubai broke new records for the number of...

Property Prices In The Emirate Are Continuing To Soar As The Market Expands Rapidly In 2022. Certain parts of Dubai will continue to draw renters despite the overall increase in rental prices due to low rentals and high market demand because of the emirate's robust economic growth. In Dubai, the average rent for a villa last year was Dh268000. While the average rent for an apartment reached Dh90000....

There Are Currently 350 Real Estate Projects Being Constructed In The Emirate, Luring Millionaires And High-Net-Worth Individuals To Invest In One Of The Emirate's Expanding Economic Sectors. According to experts, Dubai real estate will play a significant role in achieving the objectives of the Dubai Economic Agenda D33. In addition, will draw billionaires and high-net-worth individuals for investment...

Women's Real Estate Investment Is Increasing By 50.7 Percent In Volume. In 2022, women's participation in Dubai's real estate market will be significantly higher. In the last year, 26,698 female investors filed 33,419 investments in real estate worth over Dh58.8 billion in the emirate, representing a 50.7% increase in volume and a 53% increase in value over 2021. According to Dubai Land Department...

Ellington Has Confirmed That Its First Project In JLT, Called "Upper House," Will Have 754 Units. A Dh1.2 billion residential project by Ellington Properties will include 754 units and be completed by early 2026 in the Jumeirah Lakes Tower high-tower neighborhood. The developer has hired Brewer Smith Brewer Group (BSBG) as the design company for the "Upper House" project. Additionally, this is...

The First Six Projects With New Housing Design Concepts Have Been Ramped Up For H1 2023, With 2,400 New Units Included In The New Developments. Samana Developers, a Dubai-based real estate firm, intends to unveil 12 new projects by 2023. Including five-star hotels totaling Dh2.5 billion ($680 million). Around 2,400 units are housed in the complexes. The builder issued its 2022 performance evaluation...

Are you considering moving to one of the most vibrant, diverse, and dazzling cities in the world- Dubai? With its constant stream of new development projects, an abundance of shopping malls, entertainment options, and luxury living opportunities is no surprise that so many people are choosing Downtown Dubai as their home. No doubt, it is an exciting option. However, before packing your bags and booking...

One-Cheque Contracts Have Clearly Increased As Landlords Demand Full Payment Upfront. In Dubai, landlords are much more likely to want a single cheque payment. Especially those who are renting out in freehold regions where demand continues to outpace supply in most places. Additionally, it indicates a considerable decline in the number of landlords. Who were once prepared to accept several cheque...

Deal Of $32.7 Million Shows That There Is A Market For Luxury Real Estate In The Emirate. Is the Dubai Water Canal the upcoming destination for wealthy investors seeking expensive homes? It certainly appears to be the case after a private family office acting on behalf of a "European billionaire" purchased two duplex penthouses. These apartments are a part of the Mr. C Residences Jumeirah. In which...

Are you an expat looking for a place to rest your weary head? Or perhaps you're a property buyer thinking of investing in Dubai real estate. Whatever the reason may be, if you are searching for vacation home rentals in Dubai, and then look no further. Here we will introduce you to some amazing accommodation options that will take your breath away and make any holiday feel truly special. From luxurious...

Four Ritz-Carlton Residences Issued In Dubai, Each With Moorings For 120-Foot Boats. Developers in Dubai are moving quickly to provide investors with increasingly opulent residences. MAG has recently produced four of them, each costing a staggering Dh200 million. They are a component of The Ritz-Carlton Residences on the Dubai Creekside, a complex of 12 homes. The most recent four mansions include...

The Emirates Real Estate Market Outperformed 2014 Peak Levels In 2022, Setting A New Record. Near 2022, Dubai had 97,400 real estate transactions totaling a staggering Dh265.7 billion. Along with many residents and investors choosing to purchase real estate in the city's core. Business Bay topped the list of the largest sales in 2022. With over 10,300 real estate transactions valued at Dh17.6...

When you want to make sure that you have the best property in Dubai, you may want to consider using the top property consultancies in Dubai. These firms have been in business for a long time and have made it through the tough times that have come with the rise of the real estate market. However, in this blog, we are going to discuss the top 5 consultancies in Dubai in 2023. Let us move on: Property...

Apartments For Less Than Dh2 Million That Also Have Private Pools Could Attract Buyers. Question: What will buyers of real estate in Dubai seek next? Farmhouses? Or residences on islands other than the Palm Jumeirah or Jumeira Bay? Houses that perfectly encapsulate "healthy living" Want a house next to a "beach" or "lagoon". Alternatively, affordable private pool apartments under Dh2 million? Or...

The Tenant Initially Turned Down The Owner's Offer, But After A Shift In Circumstances, She Now Wants To Stay. Three months before my lease was set to expire in November. My landlord sent me an email proposing to extend it for another year at a 10% increase in rent. I told my landlord through email that I had other arrangements at the moment and would refuse the offer to extend the lease. About 40...

If you are in Dubai or want to move, then you will need of perfect property to reside in. No matter whether it is rental, owned, or hotel accommodation. Therefore, you should consult any best property management companies. If you are considering hiring a property management company in Dubai, there are a few things to keep in mind. Firstly, you should look into the services the company provides.This...

Dubai is one of the most sought-after destinations for tourists and property buyers alike. However, with its rapid real estate development, it can be hard to know where to start when looking for villas for sale in Dubai in 2023. Villas are a great option if you want to invest in property or make your own home in Dubai. As they offer more privacy and space than an apartment. Whether you are looking for...

Azizi Hopes That The Project Would Become An Innovative Iconic Destination. For the masterplan consultation of its recently acquired, highly desired 15 million square foot block of land with 24 million square feet of GFA in the quickly developing Dubai South. Azizi Developments has contracted with KEO International Consultants. In charge of building the enormous, almost 20 billion dirham mixed-use...

The iconic tower has held the title of tallest man-made structure in the world for more than a decade. The tallest skyscraper Dubai's Burj Khalifa was inaugurated on this day (January 4, 2010), thirteen years ago. After more than ten years, it is still the most recognizable tower in the world. It holds ten world records, including the highest observation deck, the tallest service elevator, the biggest...

Real estate returns have surpassed 10% in the majority of Dubai's established neighborhoods, providing investors with enticing chances to increase their net worth. We identified those with the highest ROI by carefully evaluating the potential in each area (Return on Investment). Although there are always risks involved in investments, making wise choices can help to reduce the risk while maximizing...

For The Third Year In A Row, Dubai Developers Are Pushing Hard Offers To Increase Sales Momentum. Do you want to buy a home in Dubai? Then, as developers and individual sellers try to offset buyer concerns regarding rising property values, mortgage rates, and whether the world economy is headed for a recession. Some of the most significant incentives are available for the taking. The sweetened...

Are you looking for a dream home in Dubai? Then look no further. With its world-class attractions and stunning skyline, there is no doubt that Dubai is the perfect destination for expats, property buyers, and tourists alike. As the city ebbs towards 2023 and enters into an exciting new decade of growth, we are featuring some of the top hotel apartments for sale in Dubai. Offering everything that city...

The Development Includes Villas With Four To Five Bedrooms Tucked Away On White Sand Beaches. In its DAMAC Lagoons master development, DAMAC Properties announced the opening of the Ibiza residential cluster on Wednesday. Following the successful debuts of Portofino, Venice, Costa Brava, Marbella, Malta, Nice Townhouses, Santorini, and Monte Carlo. The most recent addition to the Mediterranean-inspired...

Are you looking to make the move of a lifetime and buy property in Dubai? With its stunning beaches, exquisite architecture, and thriving business scene, it is easy to see why so many expats choose this beautiful gulf state as their home. But when it comes to finding the right property for sale, there are top apartments for sale in Dubai. To simplify your search, we have rounded up the best apartments...

Sobha Hartland is a gated community that focuses on a comfortable and elegant lifestyle. It is one of Dubai's most significant communities, providing an inspiring lifestyle with noteworthy living options. The well-known building can be found in MBR and covers about 8 million square feet of space. With panoramic view of the Downtown, Meydan Racecourse, Dubai Canal, & Dubai Creek, it is among Sobha...

Due To Increased Demand From Hnwis And Foreign Investors, Real Estate Experts Anticipate An Increase In Home Prices And Rental Values. According to Zoom Property Insights, the high net worth individuals (HNWIs) and foreign companies' interest and rising demand are expected to drive up property prices. In addition, annual rent in Dubai in 2023, which will continue the city's upward trend. The luxury...

There Are Several Savings-Related Considerations To Take Into Account When Purchasing A Home. The best time to purchase a house is if you have enough saved for just a down payment. Even though there are many savings-related factors to consider before making a decision. Such that after the purchase, your overall financial condition won't suffer. Another important factor to think about is whether you...

According To The Founder Of The Organization, The Emirate's Robust Economic Recovery Following The Covid-19 Pandemic Has Been A Motivating Factor For Growing Real Estate Involvement. Al Habtoor Group, a well-rounded conglomerate based in Dubai, will invest Dh9.5 billion in three new projects and construct the residential skyscraper with the most units in the world. Al Habtoor City's initial project,...

The Goal Of The Strategy Is To Elevate Dubai To The Status Of A Global Real Estate Role Model. The Dubai Land Department (DLD) unveiled its updated strategic plan and vision. Defining its characteristics and defining its trajectories through 2026. The new strategy will be implemented in three phases. With each phase involving the creation of a strategic plan for the department by DLD's staff, partners,...

Metropolitan Homes Will Offer Real Estate Services To Sellers And Buyers In The Secondary Market. Due to a growing number of long-term residents and a surge in interest from foreign HNWIs seeking to invest in second homes. Demand for ready-to-move-in apartments & villas in Dubai has continued to grow steadily throughout 2022. Making the city's completed residential stock an appealing investment...

Ankit Tiwari, A Playback Singer, Music Director, And Composer Has Said He Wants To Establish The City As His Second Home. Despite the recent rise in prices, Bollywood celebrities are rushing to buy real estate in Dubai to take advantage of lower prices. Many famous people from Bollywood already consider Dubai their second home. In addition, numerous new and rising celebrities are purchasing properties...

This Year, Vacation Rentals In Abu Dhabi And Sharjah Are Also Aiming To Make A Statement. As anticipated, vacation house rentals in Dubai are projected to reach record heights for the New Year. For stays between December 30 and January 2, some villas on the Palm Jumeirah fetch over Dh60000 (4-bedroom villa on the frond). As owners of properties wait for some last-minute reservations, they may raise...

Following The Pandemic, Recovery Started As Numerous Foreign Workers Returned Along With The Improvement In The Job Market And An Influx Of Hnwis. Rents in Dubai will continue to rise in 2023, especially in the most sought-after areas where demand is outpacing supply. While rental growth in more affordable areas is anticipated to be moderate. Since 2014, the emirate's rents have been declining. But...

268 Studios, 65 Two-Bedroom Apartments, 203 One-Bedroom Apartments, 13 Three-Bedroom Apartments, And 4 Duplexes Will Deliver. Private developer Danube Properties, based in Dubai, reported that its most recent Dh550 million project, Elitz by Danube, had sold out at the launch. Indicating that demand for the more affordable segment is still strong in the emirate. Project will build on a...

The Newly Issued Stock Of The Developer Will Start Trading On Friday. The largest listed developer in Dubai, Emaar Properties, has issued new shares and raised its share capital by 8% to Dh8.83 billion ($2.4 billion). The action taken following the general assembly meeting of the business on December 21. According to a filing made by Emaar on Friday to the Dubai Financial Market, where these shares are...

By Imposing A Limit On The Number Of People Permitted In Each Residential Unit, The Government Implores Citizens, Property Owners, And Businesses To Abide By The Law. To combat overcrowding in residential areas, Abu Dhabi's Department of Municipalities and Transport (DMT) on Thursday launched the "Your home, your responsibility" campaign. Infractions will be subject to fines of up to Dh1 million. As...

In 2022, Dubai Was Rated As One Of The Top Three Cities In The World For "Executive Nomads" To Live. A "remote working hub" established in the Emirate by the US-based online market for homestays and experiences, Airbnb. In collaboration with the Department of Economy and Tourism of Dubai (DET). According to DET on Wednesday, December 21, the new remote working hub will offer accommodation details...

With Four Bedrooms, A Majlis Area, A Private Elevator, Double-Height Ceilings, And Stunning 360-Degree Views Of The Dubai Skyline, The High-End Luxury Property Is Spread Across Three Floors (73–75). Another pricey asset is ready to entice millionaires and high-net-worth individuals for luxury real estate in Dubai rises this year. A penthouse valued at Dh120 million is for sale. One of the priciest...

Amalia Residences Is The First Project, And The Two Others Will Be Revealed In 2023. On Tuesday, Deyaar Development PJSC declared that it would begin construction on three new projects in Al Furjan. Each of these would cost about Dh300 million. About 400 different units with one, two, or three bedrooms will be included in the projects. Which will include both residential and hotel apartments. The...

The Influx of Foreign Capital and High-Net-Worth People into The Local Market Has Helped The Emirate's Real Estate Market Rebound Significantly Since COVID-19. Because of new initiatives regarding visa regimes, such as the Golden Visa, residents of Dubai who have lived there for decades are purchasing an increasing number of properties and establishing the emirate as their home. The largest private...

Currently, 103,975 Rental Lawsuits Have Been Filed In The Center, With 92,732 Of Those Being Primary Lawsuits And 11,243 Being Appeal Lawsuits. In its nine years of operation, Dubai's Renting Disputes Centre (RDC), created the first smart judicial rental system in the world. That has resolved 100,000 rental claims, boosting investor trust in the emirate's legal framework. The 5.2 million registered...

Choosing the right waterfront apartment in Dubai can be a very difficult task. There are many factors to consider when choosing the Waterfront Apartments in Dubai. Such as location, views, size, and price. You might also have questions about what type of facilities you will be able to enjoy. However, many developments are famous for waterfronts in Dubai. In this blog, we are going to discuss the top Dubai...

If you want to be an owner of property in Dubai, there are important things to know about the future of the real estate market in the country. Some of the things you need to know to include housing prices, the World Cup, the potential of off-plan properties, and the technology that will make it possible to manage your rental properties from afar. Whether you want to buy, sell, or rent Dubai properties. ...

The First Phase Of The Innovation Hub Is Home To Google, HP, Gartner, China Telecom, And Other Companies. The Innovation Hub Phase 2 in Dubai Internet City has officially begun construction, according to TECOM Group's Monday announcement. The update was made public at a time when a significant number of foreign businesses and investors were. That is drawn to Dubai by its business-friendly...

If you are thinking about relocating to Dubai, you will be pleased to know that several top beachfront properties in Dubai are coming on the market in the next few years. These properties are popular among real estate investors and vacationers who are looking for vacation homes. They offer direct access to the soft sandy beaches and stunning sea views. There are several things to keep in mind when...

Property Buyers In The UAE Are Less Eager To Pay "Landlord Mortgages" Today In the UAE, first-time buyers of real estate have just over a quarter to decide whether they would be better off submitting a mortgage application to a bank. Or selecting one of the development company financing options. The US Federal Reserve is expected to raise rates again next week by 0.5 percent. In addition, the UAE...

According To CBRE, Average Villa Rents Will Increase By 25.4% And Average Apartment Rents Will Rise By 27.6% In The Year To November 2022. Dubai real estate industry extended its golden run throughout the year due to high demand from investors and end users. Because of significant business and visa changes, and the Dubai rental market had strong double-digit growth this year. "As of November 2022, the...

While The Burj Khalifa Is 828 Meters High, The Proposed Tower Will Be 2 Kilometers Tall. According to reports by MEED, Saudi Arabia is currently developing plans for a skyscraper. That will eventually become the tallest structure in the world. Upon completion, the new mega project, which is anticipated to reach a height of 2 km. That will be more than twice as tall as Dubai's Burj Khalifa, the tallest...

What Small Business Owners Should Think About Before Purchasing Commercial Real Estate It might seem like a bad time to invest money in a commercial real estate. Purchase for small businesses hoping to launch or grow their brick-and-mortar presence. For the 6th time in 2022, central banks around the world have raised interest rates, citing inflation risks amid forecasts of an impending global...

Most Apartment Deals Recorded By Jumeirah Second. For the week ending December 9, 2022, 3,186 real estate transactions totaling Dh91 billion recorded in Dubai. Data indicated that 2,233 flats and villas sold for Dh4.64 billion, while 419 plots were sold for Dh2.24 billion. The highest-priced deal of the week was the sale of a piece of property in Marsa Dubai for Dh265.69 million. That followed by...

Buying a home in Dubai can be a great decision for many reasons. Whether you are a first time buyer or a seasoned investor, you will find that there are a variety of options available. If you are looking for the most affordable homes, you may want to consider properties in Al Barari. While this is a new development, it has already proved to be popular among many homebuyers. Similarly, the Jumeirah Lake...

The Project Includes 788 Units In Three Towers, Including 39 Townhouses, 5 Villas, And 744 Apartments. Tuesday saw the announcement by Union Properties of the impending opening of Takaya. The company's most recent mid-to-high range property offering and its first brand-new project since 2015. The mixed-use development is a component of the company's turnaround plan. That will build in the Motor City...

Due To Rising Prices Driven By HNIW And Foreign Investor Demand, The Market Is Poised To End The Year On A High Note. The Dubai real estate market is poised for a strong 4th quarter and end to the year with a nearly 1.8 % price increase in October. As well as similar trend in November as investors and end-users proceeded to invest in the emirate's real estate sector. According to the most recent...

The Emirate Has Experienced A Significant Increase In The Price Of Luxury Properties Of 88.9%. Which Represents The Highest Growth Worldwide. According to analysts, prices in Dubai real estate market are anticipated to rise. Even further as capital continues to flow into the industry. According to Zoom Property Insights, apartment rates have risen slightly by over 8.5 % so far this year. Whereas a 13 %...

'Dubai Has Opened The Doors To Global Billionaires, And Developers Must Act Now.' To ensure that the buyers of its most recent super-luxury projects are end users, Dubai-based developer MAG is increasing the cost of construction. What MAG and its Senior Executive Vice Chairman, Talal Moafaq Al Gaddah, do not want is for investors to buy these properties. Which includes Dh177 million Ritz-Carlton...

The Pricey Residence Includes Handcrafted Wooden Doors And A Unique, Floor-To-Ceiling Private Cinema Created By Vox Experts, Among Other Features. Another expensive property was listed in one of the sought-after areas of Dubai in 2022, as the market for super-prime real estate in the emirate continued to flourish. Exclusively Luxhabitat Sotheby’s International Realty, the strongest selling and...

A Developer For An “Ultra-Luxury” Project Purchased Three Plots On Dubai Marina. As 2022 draws to a close, the residential real estate market in Dubai is still seeing record-breaking transactions. Including the sale of a 100,000 square foot sea-facing plot Land for Sale Marina for a whopping Dh690 million ($187.6 million). This deal surpasses the Dh600 million purchase of a second property on the...

Buying property in Dubai is a big decision, as well as a major investment. When you are in the process of making such an investment, you should know a few things. These include Maintenance standards, the Cost of living in Dubai, Getting a loan or mortgage, and much more. Therefore, this article is a complete guide when you decide to buy property in Dubai. Read this article carefully, until the end. Let us...

Whether you are moving to visit or looking to rent, there are many different types of rental villas in Dubai to choose from. Villas in Dubai offer privacy, luxurious living, and easy access to top-notch amenities. These properties are perfect for couples and families looking for a home in a city that provides a sophisticated lifestyle. They have spacious living rooms, private balconies, and barbecue...

Gaurav Aidasani Claims That If Anything, European and Russian Buyers Increased Their Activity in Q4–22 Those overseas buyers must continue if the real estate market in Dubai and the UAE is to maintain its momentum through 2022. Developers are investing significant resources in new launches. Because they anticipate a repetition in 2023 and are not particularly concerned with the difficulties of the...

Dubai's Most Sought-After Neighborhood For Rental Properties Is Still Palm Jumeirah. According to Zoom Property Insights, the Dubai rental market is still on the rise. As average rent increases by 27% this year. In addition, demand increases significantly in line with the emirate's robust economic activity. The average cost of renting an apartment has risen to Dh91795. While the cost of renting a...

One Of The Few Villas In The Area With A Specially Built Basement Parking Space That Can Fit Six Cars Is This One. Millions of dirhams have been paid for yet another property in Dubai's so-called Billionaire's Row. Riva Del Lusso, the company's signature villa, reportedly sold for a cool Dh130 million, according to Alpago Properties. In Dubai, a few of the expensive villas were sold. Located on...

Dubai Developers Are Wise In Not Flooding The Market With High-End Residences. In 2023, will the city's luxury property market post another record-breaking year of growth? With the most recent Omniyat releases (with Orla, prices from Dh25 million). Life's MAG (a limited edition of Ritz-Carlton residences at Dh177 million). Binghatti (with the world's tallest residential tower in the works having...

The Dh3b Keturah Reserve Resort Makes A Busy Off-Plan Season for Dubai Developers Busier. The Dh3 billion high-end residential neighborhood in Meydan is the developer MAG's response to the recent introduction of mansions priced at Dh177 million. The "Keturah Reserve" will pay close attention to the "bio living" idea in addition to the residences. As local developers increasingly emphasise sustainable...

In Terms Of Expected Price Increases For Prime Properties, Dubai Outperforms Miami, Dublin, And Lisbon. High-end real estate in Dubai is expected to increase in price by 13.5% in 2019. As the market is expected to continue to be driven by burgeoning foreign interest. With a forecast yearly percentage change that is more than twice. As large as the 5% gain anticipated for prime Miami real estate. Which...

Some Property Owners Have Informed Unpaid Renters That They Cannot Have Any Repairs Made To Their Units. Homeowners in Dubai are once more being reminded to pay their service charge debts before the end of the year. In addition, property management companies are threatening harsh action if there are any further delays. Some property owners who rent out their units have been getting updates stating...

Confirms 50,000 Square Foot Unit at Its Dh5b Orla Project, Its Third on Palm Jumeirah Omniyat Properties' new project, the Orla, on the Palm Jumeirah, features a 50,000-square-foot penthouse that the company hopes will break further records. The penthouse spans three storeys and is erected above that built-up space. That would be the biggest of its kind in the Middle East and the United Arab...

RERA Imposed Stricter Guidelines On Real Estate Marketing And Other Procedures This Year. The Real Estate Regulatory Agency in Dubai has released an updated set of rules that real estate professionals must follow. Major changes to the way brokers can participate in the purchase, sale, or leasing of real estate have been made this year, including the historic choice to cap the number of brokers who can...

The Most Recent Addition To The Community With A Mediterranean Feel Is Monte Carlo DAMAC. The Cluster Will Have Townhouses With 4 And 5 Bedrooms And Provides An Upscale Experience For A Select Few. A Fun Play On The Monte Carlo Spirit Is The Casino Pavilion's Retro Vibe And Family-Friendly Amenities. The Mediterranean city that served as the neighborhood's inspiration is a section of Monaco. Which is...

The Famous Construction Project Covers An Area Of Eight Million Square Feet. It Has 90 Acres Of Green Space And Open Areas And Offers Villas With Five To Six Bedrooms. Additionally To One- To Four-Bedroom Apartments. Sobha Realty introduced Sobha Hartland II, yet another master-planned mixed-use property, on the 2nd day of Cityscape Dubai. The famous project spans an area of eight million square feet...

Choosing the right real estate agents in Dubai is an important decision. This can be a daunting task, especially when you have many options. You want to find the best agent to help you get the most out of your property. You may have heard some of the more common names and brands but are not sure whether they are the right choice for you. This is why you need to take into account several factors when...

As Developers Will Only Be Able To Deliver 32,500 Units As Opposed To The Estimated 38,000 Units Planned For This Year. The Apartments And Villas Expected To Experience A Shortage Of At Least 15% Of Residential Units. Despite a high level of demand, the residential market in Dubai is predicted to witness fewer deliveries this year. As supply, chain problems and increased construction costs are...

Tenants Who’s Leases Are Up For Renewal Face Significant Rent Hikes as Supply Continues to Tighten. There are fewer new residential listings in Dubai available for one-year leases. Which should further pressure rates for new leases. This decline is being brought on by the city's ongoing demand from newcomers. The rise in landlords who are renting out their properties on short-term leases. This is...

If The Asset Value Of A Property Exceeds Dh2m, The Owner May Request A DLD Valuation. Select Dubai developers are now able to register Golden Visa-eligible property owners directly. Further simplifying the process for these investors to obtain a 10-year residency. This is applicable to investors who have purchased real estate (or multiple units) for at least Dh2 million. For those whose properties...

Cityscape Is Dominated By Ready-To-Live Residential Developments. In order to speed up domestic investment in a number of upcoming residential communities that are family-focused. Developers in the UAE are changing their strategy. Additionally, development businesses are concentrated on offering useful assistance to assist potential home buyers. In making wise decisions before purchasing their first...

 Let Us Assist You with All of Your Home Renting Questions Renting a home in Dubai might be a frightening prospect, especially if it is your first time visiting the city. The complexities of the industry and the hurdles you must cross may seem confusing at first. But everything will become evident with some research and guidance. Here is a general overview of everything you should know about...

Bring up the subject of any real estate market's difficulties, and Mohammed Binghatti will not be moved by the idea. Even when he is prepared to start work on the project to construct the tallest single-residential tower Burj Binghatti in the world. In fact, when it comes to designing/constructing a new Dubai skyscraper in collaboration with the upscale watch and jewellery manufacturer Jacob & Co. He...

Millions Of Travelers Will Stop In Dubai And Abu Dhabi Over The Upcoming Month To Watch Football's Biggest Event. According to real estate industry executives, the city's top-notch safety, the best standard of living and the high returns it offers relative to other significant cities around the world will draw millions of soccer fans traveling to Dubai and Doha. For such Fifa World Cup to purchase real...

Last Week's Top Transactions In The Emirate's Artificial Islands Included Both Land And Ready Properties. The most recent data from DLD showed on Friday that Palm Jumeirah continues to be the preferred location in Dubai. For extremely wealthy real estate investors. According to statistics, Dubai's man-made island continues to be the location of choice for strategy-based sales. As well as for apartment...

Geared Toward Promoting An Integrated Concept Of Wellbeing And In Line With The National Strategy For Wellbeing 2031. One of the main pillars of comprehensive and sustainable development followed by the Dubai Land Department (DLD) to solidify the emirate's position. As a top real estate destination worldwide is enhancing buildings and communities and making them healthier, safer, and smarter. On...

Landlords Are Even Signing Leases And Listing Homes On Palm Jumeirah For Dh3.65 Million. More proof that Dubai is home to the world's super-rich is emerging. As shown by a recent spate of rental agreements that each cost well over Dh1 million. Additionally, the upper limit is the sky. A super-luxury home on the Palm, where the highest housing transaction reached Dh600 million. Landed a six-month lease...

By The Close Of The Forecast Period, Expected That The Middle East's Current Supply Will Have Increased By 86%. According to a study by a top property services company, the UAE is expected to see a 22% increase. The number of high-net-worth households makes the world's top hotspot for Dubai branded residences in terms of supply and pipeline. According to Savills' most recent Spotlight on Branded...

On October 3, A New, Significantly Expanded Visa Program Went Into Effect. It Added New Entry Permits And Made Existing Choices Simpler. UAE residents with Golden Visas can now apply to sponsor their parents for a 10-year residency. This is a component of the extended Dubai Golden Visa program. That became active on October 3. They issued a 10-year Golden Visa for the parents of a 10-year visa holder,...

The Burj Binghatti Project Seeks To Build The World's Tallest Residence, And CIEL Is Currently Building A Hotel. In the real estate market in Dubai, lofty heights are back in vogue. In a joint venture with the upscale watch company Jacob & Co., the developer Burj Binghatti a week before confirmed its plans to build the tallest all-residential skyscraper in the world in Business Bay. The proposed...

In The First Nine Months Of 2022, EBITDA And Net Profit Both Increased By 47% And 124%, respectively. Monday saw a continued increase in the first nine-month profitability, according to Emaar Properties. backed by robust real estate sales and enhancements in the operation of companies that bring in recurring income. The property tycoon with headquarters in Dubai said in a statement that it earned...

There are many different luxury and reasonable villas for sale in Dubai, each with its own set of features and benefits. Depending on your needs and preferences, you can choose from two-bedroom villas with 1,400 to 1,700 square feet of available space. Alternatively, you can opt for a three-bedroom duplex unit with a sprawling rooftop terrace. These villas in Dubai are available in several different...

As Demand For Luxury Living In Dubai Increases Globally, Omniyat May Reveal A New Project Soon. The developer Omniyat, which specializes in ultra-luxury projects in Dubai, plans to "take its next project out to the waters." An announcement is anticipated in the coming days. The plans are being prepared as Omniyat or other luxury-focused developers get the city ready for its upcoming batch of iconic...

Russian-speaking investors and property buyers are relocating to Dubai. As the conflict in Ukraine and sanctions against Russian-speaking individuals have pushed these people into the real estate market in Dubai. Dubai has a large Russian population with almost 100,000 residents. Before the Ukraine-Russia conflict, there were only 40,000 individuals in Dubai. However, after this conflict, almost 60,000...

Over 100 Stories High, The New Hypertower Has Lavish Two- And Three-Bedroom Residences With Diamond-Shaped Spires. The Burj Binghatti Jacob & Co Residences, the world's tallest residential building, will be built in Dubai, according to a project announced by Binghatti on Wednesday. The UAE developer, whose investment portfolio exceeds Dh7 billion, claimed it would launch an ultra-luxury Dubai...

Over Dh2.2 Billion In Real Estate Deals Are Done In One Day In The Emirate. According to information provided by the Dubai Land Department (DLD), the market for real estate in the emirate saw 544 sales transactions costing Dh1.64 billion on Tuesday. In addition to 78 mortgage deals worth Dh590.54 million 100 land plots valued at Dh633.18 million and 444 villas and apartments costing Dh1.01 billion...

A Syndicate Of Mashreq, DIB And Emirates NBD Refinances Dh11 Billion. The Dubai professional developer has secured financing for a new round of projects. Including Dubai Islands, and will raise an additional Dh6 billion (which is the reworked Deira Islands). Dubai Islamic Bank, Mashreq Bank, and Emirates NBD formed a syndicate to refinance Dh11 billion. Displaying "strong financial foundations and...

Luxury apartments in Dubai are among the most sought-after properties in the world. They are renowned for their exemplary quality and luxurious amenities. The ultra-high Burj Khalifa skyscraper is considered one of the world's tallest buildings. Luxury apartments in Burj khalifa are currently on top trend in Dubai. We will discuss the apartments and their features. Let us move on: Luxurious Living in...

These Mansions Make Up Eight of the Resort's Keturah's Twelve Ultra-Luxury Residences, Which Sell For Dh177 Million at $1.3 Billion The developer MAG of Life has unveiled a group of eight ultra-luxury mansions at Dubai Creekside that bear the Ritz-Carlton Residences logo. The developer has set the price at Dh177 million per unit and is holding off on releasing the other four. These mansions are a...

This Expedites Transactions For Overseas Property Sellers. Are you a Dubai property owner based in abroad and would like to complete a potential sale quickly? You can do this right now by simply giving a registered broker Power of Attorney (PoA) rights and taking care of what needs to do. Such PoA rights have become valid as the demand for ready homes in Dubai. Particularly those that the new...

In Dubai, average prices per square meter are not applicable to real estate properties. There are two categories of real estate properties: investment properties and self-use apartments. Investing properties are the most common type of real estate property purchased by buyers. The cost of Dubai apartments is different in different areas. These properties are usually located in popular neighborhoods...

This week, a single apartment at the Palm Jumeirah was sold for an astounding Dh1 billion. Setting a new record for Dubai real estate. The transaction was the biggest ever seen for the week going to end November 4. When Dh12.9 billion worth of real estate and property transactions were recorded. There were 3,995 transactions in total, including 3,126 apartments. As well as villas and 348 plots sold for...

More Buyers Are Willing To Take Advantage Of Developer Financing Deals On Ready Homes. As more interest rate increases are expected, more home buyers in Dubai. Particularly end-users are beginning to sign up for developer-backed payment agreements rather than apply for a mortgage. This entails paying monthly installments straight to developers. Particularly those who are offering recently finished or...

A European Buyer Looking For A Home In Dubai For His Family Purchased The High-End Property At Palm Jumeirah. The media has once more focused on Palm Jumeirah after another expensive villa sold for Dh52 million. A European buyer, according per from Luxhabitat Sotheby’s International Realty, purchased a four-bedroom Raffles Royal Villa at the Palm. The property is a portion of the Raffles the Palm...

If you are working in Dubai and earn five to eight thousand dollars a month, you will have about 30k to spend on Dubai Properties for Rent. There are several popular areas for renting properties in Dubai, including JVC (Jumeirah Village Circle), Al Nahda, and the Dubai Silicon Oasis. Al Nahda, which is near the Sharjah border of Dubai, is a quiet neighborhood that offers excellent public transport. It's...

Customers Will Have To Wait Because Alpago Intends To Sell Shortly After Palm Flower Is Finished. As per the developer Alpago Properties, the most recent ultra-luxury penthouse on Palm Jumeirah will cost Dh250 million. The developer has set prices for the 10 units that comprise the 11 storeys of the “Palm Flower” project. Who recently sold a fresh villa on the Palm for Dh302.5 million. Sales will...

This Occurred On Tuesday As The SEC Meeting Presided Over By The Crown Prince And Deputy Ruler Of Sharjah. The Sharjah Executive Council (SEC) made a decision allowing all nationalities. To have full ownership of real estate projects without time limitations. The law permits residents of any nation to own real estate in Sharjah for any purpose. The SEC meeting on Tuesday was presided over by Sharjah's...

The 62-Story Building Is Outfitted With Five-Star Amenities And Smart Features. Sobha Realty, a Dubai-based company, announced on Thursday that its first iconic residential building will be opening on Sheikh Zayed Road. The 62-story S Tower will have 43 floors of opulent apartments in addition to six enclosed podium levels. According to P.N.C. Menon, founder and chairman of the Sobha Group, "The S...

The Number Of Apartments Available For Rent In Dubai Will Increase By More Than 2,200. The first apartment buildings at "Expo Village" (the location of Expo 2020) are now available in the Dubai real estate market. Moreover, prospective tenants will be hoping to sign up quickly for rental terms that would be on the more affordable side. Within its four designated residential clusters, the Expo...