Permits and License DLD Dubai

Massive Permits and licenses were Issued by DLD

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...

Damac Bay by Cavalli

Experience DAMAC Bay by Cavalli to Enjoy Waterfront Life

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...

Sky Villas in Dubai

Top 5 Sky Villas in Dubai

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...

Most Real Estate Deals Dubai

Business Bay experienced Most Real Estate Deals in 2022

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...

ASTON MARTIN TOWERS

Aston Martin Towers Du: Top Features and Amenities

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...

Dubai Rental Index

Owners and Tenants Closely Monitor Any Changes to Dubai Rental Index

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...

Alta Real Estate Aire Dubai

ALTA Real Estate Unveils AIRE Dubai in Downtown

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...

Dubai Property Earns

Dubai Property Earns Dh10 Billion in the First Ten Days Of 2023

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...

Cheapest Communities in Dubai

Cheapest Communities in Dubai Have Been Identified

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....

D33 Agenda

Real Estate Continues To Be Important To the D33 Agenda

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 Investors

Women Investors Invest Dh58.8 Billion in Real Estate In 2022

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...

JLT Ellington Upper House

JLT’s Getting a Dh1.2 Billion Project – Ellington Upper House

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...

Samana Developers Dubai

Samana Developers Plans 12 New Projects for Dh2.5 Billion In 2023

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...

Living in Downtown Dubai

Pros and Cons of Living in Downtown Dubai

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 Payment

Is your landlord asking for one cheque payment?

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...

Dubai Water Canal

Will the Next Billionaires Row Dubai Water Canal?

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...

Vacation Home Rentals in Dubai

Find your Vacation Home Rentals in Dubai

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...

Ritz Carlton and Keturah Reserve

Developer MAG Has Set the Latest Ritz-Carlton Residences at Dh200 Million

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...

Top Dubai Communities for Apartments and Villas

Buy or Rent? Top Dubai Communities for Apartments and Villas

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...

Top Property Consultancies in Dubai 2023

Top Property Consultancies in Dubai in 2023

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...

Farmhouses and In Land Seaside Villas in Dubai

Farmhouses and In-Land Seaside Villas In Dubai May Become Popular In 2023

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...

Landlord Reject Lease

Can My Landlord Reject My Request To Extend The Lease?

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...

Property Management 2023

Looking to Hire a Property Management Company in Dubai in 2023?

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...

Best Villas for Sale in Dubai 2023

Best Villas for Sale in Dubai In 2023

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 Developments in Dubai South

Azizi Developments Is Planning A Dh20 Billion Investment In Dubai South

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...

Burj Khalifa Dubai

Burj Khalifa: The Tower Has Been an Unrivaled Skyscraper for 13 Years

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...

Rental Yields in Dubai

For Property Investors, These Areas in Dubai Attain Rental Yields Of 10%

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...

Buy House Dubai

Discounts, Payments, and Even 0% Service Fees for Buying a House in Dubai

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...

Hotel Apartments for Sale in Dubai

Top Hotel Apartments for Sale in Dubai in 2023

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...

Ibiza Development at Damac Lagoons

Ibiza Cluster Development at DAMAC Lagoons

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...

Top Apartments for Sale in Dubai

Top Apartments for Sale in Dubai in 2023

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...

Living Sobha Hartland

Benefits and Drawbacks of Living in Sobha Hartland Dubai

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...

Dubai Real Estate 2023

Dubai’s Real Estate Market Will Likely Reach a New Peak In 2023

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...

Looking for a Home in Dubai

Looking for a home in Dubai? How to Decide Whether To Buy Right Away

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...

New Housing Projects in dubai

Al Habtoor Group from Dubai Will Invest Dh9.5 Billion in New Housing Projects

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,...

Dubai Land Department Strategic Plan 2026

A New Strategic Plan for Dubai Land Department Is Released For 2026

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,...

Realty Stock is Gold in Dubai

Realty Stock Is Gold in the Dubai Property Market Nowadays

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...

Bollywood Stars Buying Property in Dubai

More Bollywood Stars Interested In Buying Property In Dubai

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...

Palm Villas Rent

Palm Villas Rent For Dh60000 In Dubai, Breaking All Previous Records For The New Year

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...

Rent Increases In 2023

Dubai Offers the Most Affordable Areas Due To Further Rent Increases In 2023

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...

Twin Tower Project

Dubai’s 550 Million Dirham Twin Tower Project Was Fully Booked on Launch Day

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...

Emaar Rises Capital

Emaar Properties Raises Its Capital To $2.4 Billion

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...

Apartments & Villas Fined

Overcrowded Apartments and Villas Fined Up To Dh1 Million by UAE Government

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...

Remote work in Dubai

Remote Work In Dubai? Here Are Some Locations Where You Can Reside

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...

Ready to move in Properties in Dubai

Dubai Has A Ready-To-Move-In Penthouse For Sale For Dh120 Million

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...

New Projects in Dubai

Deyaar Will Spend Dh300 Million on 3 New Projects In Al Furjan Dubai

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...

Dubai Golden Visa UAE

Dubai Golden Visa Enables Long-Term Residents to Purchase More Properties

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...

Dubai Rental Disputes

Dubai’s Rental Disputes Center Settled 100,000 Rental Disputes In 9 Years

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...

Top Waterfront Apartments in Dubai

Top Waterfront Apartments in Dubai

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...

Dubai Property Management 2023

Dubai Property Management | Important Things To Know About in 2023

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. ...

Tech Offices at DIC

TECOM Group Breaks Ground On Phase 2 Of Specialized Tech Offices At Dubai Internet City

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...

Beachfront Properties in Dubai

Top Beachfront Properties in Dubai in 2023

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...

UAE Home Buyers

Should New UAE Homebuyers Consider Mortgages With 3- Or 5-Year Lock-Ins?

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...

Dubai Rental Market

Dubai’s Rental Market Saw A 27.3% Increase This Year

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...

Skyscrapper Saudi Arabia

Saudi Arabia Plans a 2 Km Tall Skyscraper, Double As Dubai’s Burj Khalifa

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...

Buy Real Estate

Is This the Ideal Time for Your Firm to Buy Real Estate?

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...

Dubai Records Real Estate Deals

Dubai Records Dh91 Billion in Real Estate Deals For the Week

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...

Buy Home in Dubai 2023

What Are The Most Popular Places To Buy Home In Dubai In 2023?

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...

Takaya Project Dubai

Union Properties Launch Dh1.6 Billion Takaya Project In Dubai Motor City

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...

Downtown Dubai and Palm Jumeirah

Demand For Downtown And Palm Jumeirah Rise In Q4 As Dubai Real Estate Expands

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...

Apartments and Villas Dubai

Top Dubai Neighborhoods Where Apartments and Villas Prices Have Increased

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 %...

Luxury Project Ritz Carlton Mansions

MAG Wants End-Users for Luxury Projects, With Dh177 Million Ritz-Carlton Mansions

'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...

Villas in Dubai

Do You Have 190,000,000 Dirhams? This Villa In Dubai Is For You

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...

Residential Land for Sale Dubai

New Record for Residential Land Sale at Dh690 M for 3 Marina Plots

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

Important Things to Know When Buying Property in Dubai in 2023

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...

Rental Villas Dubai 2023

Where to Find Rental Villas in Dubai in 2023?

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...

Dubai Real Estate Boom

Foreign Investors Through 2023 Will Sustain Dubai’s Real Estate Boom

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 Rent Increase

Dubai Rents Will Increase By 27% In 2022

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...

Palm Jumeirah Villa Sold

The Palm Jumeirah Villa in Dubai Recently Sold For Dh130 Million

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 Luxury Properties

Will Dubai’s Luxury Property Market Continue To Boom In 2023?

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...

Keturah Reserve by Mag

Developer MAG Introduces Lavish Dh3 B “Keturah Reserve” In Dubai’s Meydan

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...

Luxury Real Estate Prices Dubai

Luxury Real Estate Prices Could Fluctuate The Most In This Area In 2023

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...

Dubai Property Owners Have To Pay Service Charges as Per New System

Dubai Property Owners Have To Pay Service Charges as Per New System

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...

Omniyat at Palm

Omniyat Properties ;Aims to Break Past Record at the Palm

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...

Rules for Real Estate Brokers in Dubai

RERA in Dubai Has Updated Its Rules for Real Estate Brokers

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...

Damac Lagoons and Monte Carlo

DAMAC Lagoons Given a French Riviera Feel By the Monte Carlo Cluster

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...

Sobha Hartland 2 Project

The “Sobha Hartland II” Project Is Unveiled By Sobha Realty

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...

Real Estate Agents in Dubai

Real Estate Agents In Dubai: How To Choose The Best?

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...

Dubai Residential Unit

Dubai’s Residential Unit Supply Is Unlikely To Keep Up With Demand This Year

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...

Short Term Rentals Dubai

1-Year Dubai Rental Listings Are Declining As Landlords Seek Short-Term Rentals

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...

Golden Visa for Investors

Few Developers Registering Investors for Dh2m Property for Golden Visa

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 Dubai 2022

Cityscape 2022 in Dubai, Developers Want to Speed up The Real Estate Market

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...

How to Rent a Property in Dubai in 2023?

How to Rent a Property in Dubai in 2023?

 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...

Burj Binghatti Tallest Residential Tower Dubai

Binghatti Will Decide World’s Tallest Residential Tower in 1 To 3 Months

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...

FIFA WORLD CUP FANS TO PURCHASE REAL ESTATE IN DUBAI

Motives For FIFA World Cup Fans To Purchase Real Estate In Dubai

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...

Ultra Rich Spot in Dubai

Palm Jumeirah Still Dubai’s Ultra-Rich Spot: A Villa Sold For Dh145 Million

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...

DLD Dubai

The Future of Health, Wellness & Innovation Forum at The Museum of the Future, by DLD & Delos

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...

Dubai Ultra Luxury Homes

Dubai’s Ultra-Luxury Homes Are Easily Renting For Dh1 Million And Above

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...

Dubai Branded Homes

Dubai Is The Top Location In The World For Branded Homes

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...

UAE Golden Visa Holders Sponsor Parents

UAE Golden Visas Holders Can Sponsor Parents for A 10-Year Residency

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,...

Burj Binghatti

Dubai Is Once Again Building Extremely Tall Structures for World Records

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...

Emaar Real Estate Sale Increased

Emaar Increased Its Nine-Month Real Estate Sales To Dh26.9 Billion

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...

Luxury Villas in Dubai

Luxury and Reasonable Villas for Sale and Rent in Dubai

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...

Omniyat Developers

Omniyat Developer In Dubai Is Considering The Waters After The Opus.

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 Real Estate Company Dubai

Are you looking for a Russian-speaking Real Estate Company in Dubai?

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...

Tallest Residential Skyscraper

Dubai Will Erect the Tallest Residential Skyscraper in The World

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...

Dubai Villas and Apartments

Dubai 444 Apartments and Villas sold worth Dh1.01 Billion on November 8

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...

Nakheel Refinanaces

Nakheel Refinances Dh11 Billion & Raises Dh6 Billion to Fund Next-Generation Projects

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...

Apartments for Sale in Burj Khalifa

Apartment for Sale in Burj Khalifa : Top Luxury Apartments In Dubai

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...

Ritz-Carlton Creekside Mansions

Ritz-Carlton Creekside Mansions Released By Dubai Developer MAG of Life

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...

Dubai Property Owners

Dubai Property Owners Can Sell Their Apartments Via Brokers Even Residing In Abroad

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...

Cost for an Apartment in Dubai

What Would Be The Cost For An Apartment In Dubai?

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...

1 Billion Villa in Dubai

Palm Jumeirah Sets a New Record with DH 1 Billion Sale this Week

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...

Home Buyers in Dubai

Buyers Are Opting For ‘Developer Financing’ To Offset Rising Mortgage Loan Rates

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...

Million Raffles Villa Sale

A Dh52 Million Raffles Villa Sale In The Palm

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...

Top Renting Properties in Dubai

Top Areas for Renting Properties in Dubai in 2022

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...

Newest Luxury Penthouse in Dubai

Newest Luxury Penthouse on Dubai’s Palm Jumeirah Costs Dh250 M

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...

Sharjah Real Estate

Sharjah Permits All Nationalities to Fully Own Real Estate

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...

Sobha S Tower

Sobha Realty’s Signature Project, the S Tower, Is Now On Sheikh Zayed Road

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...

First Apartment in Dubai

First Apartments in Dubai’s New ‘Expo Village’ Are Now Available for Rent

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...

Majid Al Futtaim Communities

Majid Al Futtaim Communities Is Building “Islands” At Tilal Al Ghaf

Launch Of The Ultra-Luxury Tilal Al Ghaf Cluster By Majid Al Futtaim Properties Developer Majid Al Futtaim Communities is bringing the "island" inside the upscale Tilal Al Ghaf development in Dubai. The "Lanai Island" is going to construct on the Lagoon Al Ghaf. Consequently, Lanai Island will be the "first phase of Island Landholdings. A new ultra-luxury idea under the banner of "Signature Living by...

Richest City in the World

Dubai Will Likely Rank among the Richest Cities in the World By 2030

The extravagant parties in Dubai will make you feel like Daddy Warbucks if you are not one. There are thousands of millionaires in Dubai. The decision of 13, billionaires, 202 % millionaires, & 67,900 millionaires to reside in this skyscraper-filled city. As their "humble" home should come as no surprise, right? In addition, with Dubai expected to rank among the top 20 richest cities by 2030. That...

Dubai Real Estate Rise

Dubai Real Estate Is Hot, With A Rise of 50% in Off-Plan

A Lot Of People Continue To Be Interested In The Projects In Business Bay, Downtown Dubai, And The Dubai Water Canal. Off-plan homes in sought-after areas of Dubai are in greater demand than ever with prices rising by nearly 50%. According to reports, Dubai off-plan market expanded by more than 130% in the first half of 2022.  Including over 130,000 units coming from almost 85 projects that had...

Amira Sajwani Launched Proptech

Amira Sajwani Launched Proptech Startup Prypto

Instant Approvals, A Dedicated Dashboard, And Commissions Are All Included In The Online Portal. Amira Sajwani, a real estate developer and businessperson, has founded the "revolutionary" proptech venture Prypto, according to a corporate statement released on Tuesday. With the launch of the portal, Sajwani hopes to establish a new industry-defining firm. Moreover, raise the bar for how people interact...

Tecom Group of Dubai

Tecom Group of Dubai Increases 9 Months of 2022 Profit By 51% to Dh639 M

For One of Dubai's Largest Landlords, the July-To-September Period Is the "Strongest" Quarter. Tecom Group, based in Dubai, saw net profits increase by a sizable 51 percent in the nine months that ended in September, totaling Dh639 million. This increase was primarily the result of "sustained increases in occupancy rates." Tecom, one of Dubai's largest free zone operators and a company listed on DFM,...

Rent an Apartment in Dubai

Rent an Apartment in Dubai with Top Considerations

A few factors you need to take into consideration before rent apartment in Dubai. These include the location, maintenance fees, and Size. Not only these but also whether you want a furnished or unfurnished apartment. If you are unsure about anything, it is always best to seek the help of a Binayah Properties Dubai’s experts. 10 Things to Consider Before Renting an Apartment in...

12-Month Notices to Vacate

Dubai Landlords Give Tenants 12-Month Notices to Vacate and Raise Rent

Demand Is So High That There Is A Premium For 'Vacant On Transfer' Villas In Dubai. In property rental market of Dubai, 90-day notice period is customary. How about 12-month notices, though? Yes, these extensive notices releases by landlords and property owners. Because of Dubai's extraordinary demand for built property. These property owners/sellers want to make sure that when a contract is signed...

Registration of off-plan Property

Can A Developer Do Initial Registration of Off-Plan Property in the Buyer’s Name?

If The Property Is Not Registered, The Buyer May Terminate The Purchase Agreement. I paid 40% of the property's cost to buy a property from a developer over a year ago. However, it later emerged that the developer had not registered the property in my name with the Real Estate Regulatory Department. When I asked the developer to register the property in my name. He responded that after the project...

Older Luxury Villas Are Converting To Super-Luxury

Dubai’s Older Luxury Villas Are Converting To ‘Super-Luxury’

Makeovers Generate Huge Profits In Dubai's Luxury Homes. Due to Mukesh Ambani's eye-popping purchases of villas in Dubai, those looking to sell ultra-luxury homes to billionaires (even millionaires will do) are employing the tried-and-true method of renovation, makeover, customization, and sale. Because there are not many brand-new, extremely luxurious villas available for purchase at the moment, it...

Dubai Records Weekly Real Estate Transactions

Dubai Records Weekly Real Estate Transactions Worth Dh8 Billion

147 Plots Sold For Up To Dh1.12 Billion, And 2,023 Homes And Villas Were Bought For Dh4.79 Billion. As per figures released by the Dubai Land Department, 2,703 real estate transactions totaling Dh8 billion took place during the week ending October 21, 2022.  A total of 147 plots were sold for Dh1.12 billion, and Dh4.79 billion was spent on 2,023 apartments and villas. The top deals involved two...

Top Dubai Property Development

Top Dubai Property Development Projects to Invest in 2022

If you are looking for the property investment in Dubai, there are several new property development projects in the pipeline. That will make a great investment opportunity. These developments will offer first-class design, different layouts, and amenities. These will be perfect for both personal residences and investment assets. That is developing in freehold areas. Canal Front Residences The Canal...

Ambani New Villa in Dubai

A $163 Million Dubai Villa Purchased By Billionaire Ambani

The $80 Million Home Ambani Previously Bought Is Just A Short Stroll From His Most Recent Purchase There. Mukesh Ambani, managing director and chairman of Reliance Industries Ltd. and the second-richest person in India, is said to have paid a record-breaking $163 million for Dubai's most expensive villa. Bloomberg claims that Ambani recently acquired the Palm Jumeirah mansion from a business tycoon's...

Rents In Dubai Skyrocket

As Rents In Dubai Skyrocket, Tenants Are Opting To Stay In Existing Apartments

Residents Consider Several Factors When Selecting A Rental Property, Including Proximity To Work, School, And Community Amenities. Tenants in Dubai are increasingly choosing to renew their current apartments rather than relocate due to recent increase in rents. Because of Dubai's population growth, rental inventory is under severe strain. With occupancy levels achieving multi-year highs from across...

Dubai Millionaires

Where Do Dubai Millionaires Reside?

According To A Survey, Three Areas Are Home To 35% Of The Emirates' 67,900 High-Net-Worth Residents. With The Remainder Dispersed Throughout Other Localities. According to a new survey, Jumeirah, Al Barsha, Arabian Ranches, Al Thanyah, and Umm Suqeim have the largest concentration of wealthy residents in Dubai. As per Webster Pacific analysis, Jumeirah First and Al Barsha are home to 8,685 and 8,155...

Top Property Buyers in Dubai

Russians Are Top Property Buyers in Dubai, While India is Third

Many high-net-worth people have relocated to nations that are safe, stable, and experiencing rapid growth. Because of the crisis that began in February. Russian investors now outnumber those from India, the United Kingdom, and Italy as the top property buyers in Dubai. Russian investors come in second place, followed by those from the UK, India,  the US, Pakistan, Germany, Lebanon, France, Canada,...

Luxury Real Estate in Dubai

Prices of Luxury Real Estate in Dubai: The Fanciest Residential Areas Are Revealed

The Emirate's Prime Residential Market Saw 7,552 Transactions in Q3 2022, Including 316 Villas, 6940 Apartments, and 251 Townhouses. According to Luxhabitat Sotheby's International Realty, Dubai's prime property market saw a rise in average prices of 11.29%. Moreover, sales volume growth of 1.11% quarter-over-quarter in the q3 of 2022 to Dh21.9 billion, highlighting a continued market...

Tecom Group Interim Dividend

Tecom Group wants to Declare Its First Interim Dividend since Its IPO for H1-2022

Dubai's Business Hub Developer Intends To Pay Out Dh800 Million Each Year Until 2025. Tecom Group plans to distribute Dh200 million (4 fills per share) as an interim dividend for the first half of 2022. During this time, the Dubai business hub developer achieved a strong set of results. According to a statement from Tecom, the suggested Dh200 million payout is in line. With the announced earlier...

Worlds Tallest Hotel Tower

The ‘World’s Tallest Hotel Tower’ In Dubai Will Complete In A Year

Ciel, Located In Dubai Marina, Will Surpass Another Dubai-Based Hotel, Gevora Hotel. The 365-meter-tall Ciel Tower in Dubai Marina will be the next-tallest hotel building in the world. That will not be finished for another year. After that, the first visitors will begin to occupy their rooms. The Ciel replacing the Gevora Hotel, which is 356 metres high and situated on Sheikh Zayed Road. As the...

Dubai Records Real Estate Transactions

Dubai Records Real Estate Transactions worth Dh7.3 Billion in a Single Week

One Of The Top 3 Transactions Was A Plot Of Land In Al Satwa That Sold For Dh44 Million. The Dubai Land Department has released data showing that 2,338 real estate transactions totaling Dh7.3 billion took place during the week ending October 14, 2022. (DLD). A total of Dh1.76 billion, 106 plots were sold, and Dh3.81 billion was spent on 1,791 apartments and villas. The top 3 transactions included the...

Palm Jumeirah Plot in Dubai

One 59,500 Sq. Ft. Villa And Palm Jumeirah Plot in Dubai Sells For Dh600 Million

Data From The Dubai Land Department For The Week Shows That Just Two Deals At Palm Generated Dh800 Million. The Palm Jumeirah plot and built-up areas have managed to sell for Dh600 million, according to the most recent weekly data from the Dubai Land Department. Frond N's plot measures just under 59,600 square feet, confirming the island's reputation as the area in Dubai where mega-sized transactions...

Palm Flower

Dubai Will Get the Palm Flower, Which Will Have One Penthouse Per Floor

After Selling, A Villa On The Palm For Dh302.5 Million Alpago Properties Is Starting A New Project. The Palm is ready to welcome the Palm Flower, another ultra-luxury building. The 11-story structure is currently under construction. Alpago Properties, the developer, has a history of acquiring expensive deals on the island. Alpago actually constructed the Dh302.5 million house. Which is a part of a...

Rent Increase int the City

Deira In Dubai Experiences The Second-Largest Rent Increase In The City In September

Sharper Rent Increases Can Be Seen In Apartments In Arjan, Deira, And Silicon Oasis. There are further indications that rental hikes in Dubai are beginning to drive up prices. Even in regions where they had remained largely steady for the majority of the previous 22 months. Rates in the Deira neighborhood, which has several rental alternatives, increased by 4.4% in September. As a result, a typical...

Dubai Rents Hit Record Levels

Dubai Rents Hit Record Levels With Affordable and Expensive Residential Areas

The Typical Annual Rent For Apartments And Villas Was DH89986 And DH268758, Respectively, In September. An industry report issued on Thursday revealed that rents in Dubai increased 26.6% from the previous year's figures. With estimated yearly rates now approaching Dh90000 for apartments and Dh260000 for villas. "Rental rate growth in Dubai has reached record levels... with villas and apartments rents...

Risk in Dubai's Real Estate Market

No Bubble Risk in Dubai’s Real Estate Market, As Per Report

Only Four Of The World's 25 Largest Cities Fall Into The "Fair-Value" Category, And Dubai Is One Of Them. According to a report released on Wednesday, the real estate market in Dubai fairly valued. Moreover, does not face a bubble risk, despite other major cities around the world experiencing price bubble-like conditions with highly elevated prices. The UBS Global Real Estate Bubble Index 2022, an...

Zoha Islands on World Islands

Dubai Welcomes at New Zoha Islands on World Islands

After spas, sports, and the sun? It is all a 15-minute boat ride from Dubai's mainland. When you want to get away from the hustle and bustle of city life in the UAE, you do not have to board a plane. Instead, you can soon board a boat to the World Islands and verify into Zuha Island, a private island resort. The UAE completes megaproject after megaproject, however, The World Islands may be its most...

UAE Real Estate

Amount Spent On UAE Real Estate Increased To Dh1.9 Billion in September

Residential, Industrial, Business, And Agricultural Lands Made Up The Traded Properties. Which Have A Combined Area Of More Than 3.9 Million Square Feet. In September, there were 2299 real estate transactions. According to a monthly report released by the Sharjah Real Estate Registration Department, the trade value of real estate in the city is Dh1.9 billion. 677 transactions were for real estate sales...

Super Luxury Villa

Abbas Sajwani’s Super-Luxury Villa Renovations In Dubai Are Successful

3 Renovated Villas On The Palm Generate $75 Million For Abbas Sajwani's AHS Properties. For Abbas Sajwani and his nearly one-year-old business, AHS Properties, the extensive renovations are paying off. $75 million paid for the sale of three of the company's renovated villas on the Palm Jumeirah. Abbas Sajwani started his own business in November 2021 with the goal of purchasing luxury properties in...

Dubai Real Estate Investments

Motivation behind Bollywood Celebrities’ Dubai Real Estate Investments

According To A Real Estate Developer, The 10-Year Golden Visa Is A Major Draw For Indians. Bollywood stars are among the foreign real estate investors who continue to find Dubai to be very alluring. As some of them have already made the emirate their first home. Since the emergence of the 10-year Golden Visa for an investment of Dh2 million. Indian investors are becoming more interested in the emirate....

Tenant Registration for Dubai

Updated Tenant Registration For Dubai: Date Cut Off; Occupant Names Not Required

Once Registered, Information On The Tenancy Contract Will Be Automatically Updated. The Dubai Land Department (DLD) has made it clear that residents who have not yet registered co-occupant details only needed to proclaim the number of cohabitants who are currently residing with them. Previously, residents had to provide their co-occupant's names, Emirates ID numbers, and dates of birth. Residents are...

Three Residential Areas In Dubai

The Palm Is One of Three Residential Areas In Dubai With 100% Value Growth In A Year

Jumeirah Bay And Emirates Hills Are Two Additional Prime Areas Where Values Are Zoomed In. Will property values at Palm Jumeirah, Emirates Hills, and Jumeirah Bay Island increase by 100%? Market sources mention a few potential acquisitions that might raise values at these three citywide ultra-prime locations. That seems like a very real possibility. With a growth of 88.8% in the year that ended in...

Jabal Omar Master Project

Construction on The Jabal Omar Master Project In Saudi Arabia Has Increased

The Initiative Backs Saudi Arabia's Vision 2030 Target Of Receiving 30 Million Pilgrims By 2030. The Jabal Omar Development Company (JODC) announced the beginning of all three of the project's current phases (2, 3, and 4). Jabal Omar stated in a media statement that they would continue to support. In addition, contribute to the Kingdom's Vision 2030 aim of hosting 30 million pilgrims by 2030. Moreover,...

FIFA World Cup Will Help Dubai's Real Estate Market

FIFA World Cup Will Help Dubai’s Real Estate Market In Q4 Of 2022

FIFA2022, Which Will Begin In The Qatari Capital Of Doha, Is Set To Bring The Upcoming Period Back Into The Spotlight In Dubai's Real Estate Sector. The focus of the entire world is on FIFA 2022, the current biggest tournament. From November 21 to December 18, the Qatari capital of Doha will host the FIFA World Cup for the first time ever in the Middle East. The FIFA 2022 World Cup has recently caused...

Rent Valuation in Dubai

How you can get a good rent via Rent Valuation in Dubai

The 'Rent Valuation In Dubai' Service Assists Landlords And Tenants In Reaching A Rent Agreement. If you own a property in Dubai and have been unsuccessful in revising the rent, the 'Rent Valuation in Dubai' service provided by the Dubai Land Department (DLD) may provide you with a break during lease negotiations. Whether the existing rent on your villa or apartment is less than the market value....

Housing Units to Abu Dhabi

18 New Projects Will Add Over 5,000 Housing Units To Abu Dhabi

The Building Of Villas And Apartment Buildings Has Been Recorded On The Digital Platform "Dari." Which Was Introduced To Increase Transparency In The Real Estate Sector. According to the most recent data, Dubai real estate has maintained a solid growth pace. With property transactions, values reached a nine-year high in September due to increased demand in the off-plan and secondary markets. Real...

Rent Increases and Evictions

How the Rental Index Secures Against Unfair Rent Increases and Evictions

Since The Covid-19 Pandemic, Rent Have Risen In The City. With Apartments' Increased Prices Quickly Approaching The Same Rate As Villas'. The Real Estate Regulatory Authority (Rera) rental index is becoming a go-to resource for tenants. As landlords issue more eviction notices and raise rents. After the Covid-19 pandemic, Dubai's rents began to rise. Along with apartment rent increases presently...

Dubai Palm Jumeirah

‘Billionaires’ Row’ On Dubai’s Palm Jumeirah Where Ultra-Rich Mansions Are Rising

Experts Claim That This Neighborhood Is Superior To Similarly Recognized Rows In London And New York. Because It Is Home To A Number Of The Priciest Villas Ever Sold In The Emirate. One of the renowned Palm Jumeirah fronds is quickly building up a unique reputation among the ultra-rich. Frond G, one of the smallest on the Palm, is standing tall when it comes to recent record-breaking property sales....

Real Estate Sales in Dubai

Real Estate Sales in Dubai Reached A Nine-Year High In September

Off-Plan And Secondary Property Sales In Q3 Reached Their Highest Levels In 12 Years, With Nine-Month Sales Increasing To Dh125.2 Billion. The value of property transactions in Dubai reached a nine-year high in September. Because of increased demand in the off-plan and secondary markets. The number of real estate transactions increased by 13.34% to 8,649 in September. While the value of those...

Settle Rental Disputes

Landlords and Tenants Use RERA Systems to Settle Rental Disputes

Rents In Dubai Rise By 25%, Prompting Landlords To Seek RERA Assistance In Justifying Higher Rent Demands. More landlords and tenants are attempting to reach an agreement on rent increases during renewals. Because of the more than 25% increase in Dubai's residential rents. To determine whether they are qualified to request an increase, landlords are turning to the RERA (Real Estate Regulatory Agency)...

DAMAC Wants Future Lagoons

Amira Sajwani of DAMAC Wants Future Lagoons Residents to Think ‘Vacation Destination’

The DAMAC Project In The Desert Will Make 75% Of The Water Swimmable. The property market in Dubai has its fair share of waterfront mega-developments. Dubai also has interior towns with 'lagoons' and 'beaches' that are extremely appealing in their own. However, a project created on a dry environment that will see 1 million sq. ft. of it flowing with water when completed in the next four to five years....

Visa-Linked Property in UAE

Before Selling Visa-Linked Property in UAE, Investors Must Plan Ahead Of Time

For The Sale Of Other Assets To Proceed, Visa Holders Should Submit Valuation Proof In Advance. Property-linked if they ever plan to sell that asset, Dubai residents with Golden Visas must make certain of a few things. Long-term residency is connected to a specific ready property the applicant owns that is worth Dh2 million or more. This essentially means that the person's visa is linked to the title...

Mortgage Hikes

Developers Begin Offers 0.8-1.0% Monthly Payment as Mortgage Hikes

Some Lenders Are Even Offering 0.8% Interest Rates On New Purchases, But What About Existing Mortgage Holders? Even as the price of financing a house, purchase through a mortgage rises steadily. Payment plans of 1% per month are once again in full force as prospective property buyers in Dubai weigh their options. Many buyers are participating in the 1% direct-from-developer deals, and some...

Most Expensive Villa In Dubai

Take a Look at a Most Expensive Villa In Dubai Sold For Dh302.5 Million

On A Plot Of Land Measuring 28,000 Square Feet, The Eight-Bedroom, Ultra-Luxury Casa Del Sole Was Constructed. Over Four Levels, Including A Basement, First Floor, And Second Floor. The priciest villa in Dubai has been sold for Dh302.5 million. Alpago Properties sold Casa Del Sole, a double signature villa on Palm Jumeirah Billionaires' Row, via broker B1 Properties. Soata and CK Architecture created...

Boost Dubai Property Market

Pandemic Restrictions Could Be Loosened, Which Would Boost Dubai’s Property Market

Due to the government's relaxation of most pandemic-related restrictions, which will boost the tourist, aviation, hospitality, logistics, and retail sectors, experts believe Dubai real estate is poised to resume growth. The property sector will ultimately benefit from the relaxation of travel restrictions. That added in place to prevent the Covid-19 outbreak, according to analysts, top executives, and...

Dubai Off Plan Purchasers

Golden Visas on Dh2 Million worth of Real Estate Are Now Available To Dubai’s Off-Plan Purchasers

To Make Recommendations On Behalf Of Investors, Choose Developers And Real Estate Brokers. Off-plan home buyers in Dubai now have the option of receiving UAE Golden Visas, provided that their investment is worth at least Dh2 million. Select real estate agents and developers may recommend to the immigration authorities that certain buyers have satisfied the investment requirements and qualify for a...

Third Project By Danube Properties

The Third Project By Danube Properties Was Fully Leased On Day One

A Floating Movie Theatre Over A Body Of Water, A Doctor On Call, A Daycare Center For Children, And An Electric Car Charging Station Are Among The Amenities Of The Property. Opalz, the third project by Danube Properties, sold out on the first day of its debut this year, reflecting growing investor and public confidence in the builder and Dubai's real estate market. 13 of the 17 projects that the...

Palm Jumeirah Mansion

Dubai Made Record as Dh302.5 Million for Palm Jumeirah Mansion Sells

The Property Where the Mansion on Front G Is Located Is famous As Billionaires' Row. As sales of luxury real estate in the city soar, a mansion built on Palm Jumeirah island has broken the record for the most expensive home ever sold in the emirate. According to the villa's developer Alpago Properties, the Casa Del Sole villa sold for Dh302.5 million ($82.4 million) as it was sold in July. Due to...

Highest Property Sales in a Decade

Highest Property Sales in a Decade Were Reported In Dubai in August

In August, 9,720 Sales Transactions Were Recorded In Dubai's Real Estate Market. According to Mo'asher, the real estate market in Dubai had its best monthly performance in ten years in August. The Dubai Land Department (DLD) and Property Finder jointly launched Mo'asher, the cities official Sales Price and Rental Performance Index. In August, there were 9,720 sales transactions in the Dubai real estate...

Property Market

Interest Rate Rises Not Expected To Impact Growth of The Property Market

Because Mortgage Transactions Account For Only A Quarter Of All Home Sales. Rising Rates Will Not Have A Significant Impact On The Emirate's Real Estate Market. According to experts, the ongoing rise in interest rates will not have any impact on Dubai's real estate market. Which will continue to rise at a steady rate due to rising demand. Rising interest rates will not have a significant impact on the...

New Dubai Rule for Tenants

Registration of Co-Occupants under the New Dubai Rule for Tenants

How to Use the Dubai REST App to Complete the Registration Process Residents of the emirate have been given two weeks to register the people they are sharing their homes with. Whether they are owned or rented, according to the housing department. DLD announced the registration of co-occupants in owned and leased properties to all owners, developers, property management firms, and tenants. All...

Dubai Requires Cohabitants

Dubai Requires Cohabitants Who Live With Tenants for a Month or Longer To Register

More Information Released About The New Rules Procedure And The Paperwork Need. The Dubai Land Department (DLD) provided additional information regarding a new requirement that residents register any cohabitants in residential units. According to the authority, co-occupants who are staying in a unit for a month or longer must register. The following listed documents are necessary in the...

Property Agents

Can Property Agents Demand Four Cheques As Apartment Payment Rent?

The Landlord And Tenant May Agree Upon The Number Of Tranches And Amounts For Each Rent Payment. I am trying to find a rental apartment in Dubai. For the annual rent, every agent I have spoken to wants four cheque payments. However, I will not be capable of paying for three months' worth of rent at once. Does the law that yearly rent is must to pay in four installments require it? Is there a way I can...

Residents of Dubai

Residents of Dubai Have 2 Weeks to Register All Apartment Cohabitants

The Dubai REST App Can Be Used To Register. Residents of Dubai have 2 weeks to register all apartment cohabitants. Developers, Owners, property management firms, and tenants have all been informed by the Dubai Land Department to register the names and contact information of any co-occupants in owned and leased properties. A Dubai Land Department circular mandates that registration be finished with...

Concerns of Buyers

To Appease the Concerns Of Buyers, Some Developers Opt To Offer “Discounts”

Existing Home Buyers Must Carefully Consider Their Mortgage Options To Offset Rising Mortgage Costs. To attract end-user buyers, Dubai developers are using a term they have not used in a while: discount. Following the US Fed rate hike on Wednesday. Mortgage rates in the UAE are increasing by 0.75%. In addition, some developers are attempting to allay end-user concerns regarding their mortgage costs...

Bigger Homes at Lower Rents

Bigger Homes at Lower Rents: Reasons for People Moving To Suburbs

Additionally, It Costs Less To Purchase Residential Properties Outside Of Cities. Being a city girl who loved the convenience of everything that came with it, Filipina expat Rachel Delacruz. However, when she became pregnant with her first child, she suddenly felt the need for so much "own personal space." She made the decision to relocate to DAMAC Hills 2, a suburb that is about 50 kilometers from her...

Brand New Homes

Will Tenants in Dubai Make Payments on Brand-New Homes Over 5-8 Years?

When It Comes To Ready-To-Move-In Homes And Longer Payment Terms, Developers See Opportunities. Dubai developers are using the rising cost of rent as a justification to persuade potential end-user buyers to purchase a home rather than continue to rent. In addition, developers are supporting that with enticing offers for homes that have just been delivered or that will do so soon. Their sales...

Most Expensive Townhouse Dubai

The Most Expensive Townhouse In Dubai just Sold for Dh35.5 Million

Homes In The Neighborhood, Which Is On Jumeirah Bay Island, Provide Views Of The Famous City Skyline And The Arabian Gulf On Opposite Sides. A five-bedroom townhouse with 4558 sq. ft. just sold in DH 35.5 Million. According to Driven Properties, this makes it the most expensive townhouse to be sold in all of Dubai. On Jumeirah Bay Island, there is a property that is a part of the Villa Amalfi...

Jumeirah Bay Townhouse Dubai

Jumeirah Bay Sets the Bar for Record-Breaking Deals Once Again With A DH35.5 M Townhouse

The Most Expensive Land Deals And Per-Square-Foot Prices Have Been In An Upscale Island Community. A townhouse sold for Dh35.5 million in Dubai Jumeirah Bay. As one of the most prestigious locations, Jumeirah Bay has always been the center of attention for investors. Due to this, it might be the most expensive townhouse ever sold in the city. A plot in the Villa Amalfi development on Jumeira Bay...

Dubai House Rent

Dubai House Rent Per Month in 2022

If you are looking to rent out your Dubai house for a living, you are in the right place! This article explores trends in Dubai house rent per month and ROI for rental properties in Q1 2022. It includes information on short-term rentals and price increases per square foot. The data can be used to make an informed decision on the best time to invest in Dubai real estate. Let us have a look on some scenario...

Book Villa in Dubai

How to Book Villa in Dubai

Dubai is a place where everything comes in luxury. Individuals come here all around the world, for business, job, or enjoy holidays. People, especially elective class love to stay in villa. If you also want to Book a villa in Dubai then this guide is just for you. A few steps you need to take before you can Book Villa in Dubai. The first step is to get an electricity connection, which is usually required...

Rent Apartment in Dubai

Things You Need To Know About Ideal Rent Apartment in Dubai

Whether you are looking for luxury apartments or affordable apartments, Dubai has something for everyone. There are several factors to consider when choosing a Rent apartment in Dubai, such as your budget, desired location, type of apartment, and building facilities. Luxury areas include The Palm Jumeirah, Business Bay, and DIFC, while more affordable areas include Sheikh Zayed Road and Dubai Marina. In...

Dubai Rents

Dubai Rents: Despite A Strong Summer, Rental Growth Is Still Going Strong

By The End Of August, Average Rent Increases In High-Demand Areas Will Be Closer To 35%. It seems unrealistic to anticipate a slowdown in Dubai's housing market in the upcoming weeks. Within Dubai's freehold areas, there were over 36,800 "Ejari" contracts signed by landlords and tenants just in August. In addition, those figures are 9.7% higher than they were a year ago. The total includes both renewed...

1600-Year-Old Olive Tree

Villa on Dubai Palm Jumeirah with “1600-Year-Old Olive Tree” Sells in DH128 Million

On The Terrace Of This Signature Villa On Frond G, There Is A 1,600-Year-Old Olive Tree. The Palm Jumeirah continues to bring in deals worth more than Dh100 Million. The most recent one brought in DH 128 M for a Signature Villa on Frond G. According to reports, this one on the Palm's Frond G stretch is the most expensive. The seller was B1 Properties. Atlantis the Royal Residences' penthouse recently...

Most Expensive Villa

Q1-2023 Will See The Completion Of Dubai’s “Most Expensive Villa” On The Palm.

New Villa On Frond G Will Complete In Q1-2023, According To Alpago Properties New luxury properties are coming up in Dubai every day. Big businesspersons from all over the world are showing interest in buying these luxury properties. That is why their demand is increasing day by day.   That is why Dubai property deals offer something new every day. Pools, elegant designs, high-end interiors,...

Dubai Rental Properties

Dubai Rental Properties for Residential And Commercial Purposes

There are several options when it comes to Dubai Rental Properties. Some properties are listed by the landlord, while others are handled by agents. In most cases, these agents are English and few are native speaking and will schedule viewings. If you want to see an apartment for rent, call the agent and arrange for a viewing. They are usually open on weekends and can help you find an available apartment....

Rents in Dubai

Rents in Dubai Are At Nearly Historic Highs: They Could Begin To Moderate

According To Data from CBRE, the Average Rent In Dubai Increased Year Over Year To 24.8% in August 2022 From 23.7% A Month Earlier. As per predictions, rents in Dubai are expected to begin to level off in near future because of increased supply. According to CBRE data, Dubai's average rent increased year over year in August 2022 from 23.7% to 24.8%. According to Taimur Khan, head of research Mena at...

Apply For A Golden Visa

How Do I Apply In The UAE For A Golden Visa?

A Step-By-Step Comprehensive Guide For Use In Dubai, Abu Dhabi, And The Other Emirates Do you want to apply for a UAE Golden Visa but are unsure where to begin? Recently, the UAE announced an amendment to the nation's visa policy, with the new visas taking effect on October 3. The categories that qualify for a Golden Visa have also been enlarged, according to the release. So, are you eligible to...

Dubai Office Rent

Dubai Office Rent Increases More Quickly Than In New York City and London

Office rents in Dubai are rising for the first time in six years, faster than in New York or London. As international banks and companies, expand into financial hubs known for their adoration of glitzy construction. ICD Brookfield Place, a skyscraper that soars 928.5 feet (283 meters) above the financial district, is one example of how the emirate is experiencing a rush for office space. Although the...

Dubai Investments

Dubai Investments Confirms An Interim Dividend Payment Of DH318.9 M

Gains from Emicool Transactions Ease Dubai Investments' Transition to Interim Dividends. With the approval of Dh318.90 M for the first half of 2022, Dubai Investments is the most recent company to declare interim dividends. This translates to 7.5 fils per share. Investors have approved the interim dividend payout for the company. Which manages industrial parks and is developing a resort in Ras Al...

Rent Valuation Service

DLD’s Rent Valuation Service Aids In Settling Landlord-Tenant Conflicts

The Dubai Land Department's Rent Valuation Service Is Removing Obstacles to Rent Increases. A key to resolving any impasse in lease negotiations between tenants and landlords is quickly emerging as the rent valuation service provided by Dubai Land Department. Market sources claim that the valuation is completed within a few days. In addition, that everyone involved in the rent negotiation process now...

Dubai Investors

Dubai Investors Can Buy/Sell Home “Shares” Via SmartCrowds’ “Secondary Market”

Investors Can Easily Transact In Real Estate "Shares" Thanks To The Crowdfunding Portal Smartcrowd. Using the SmartCrowd crowdfunding platform, investors can buy and sell shares in real estate that the company has purchased using their funds. Usually, these investors must hold onto their "shares" of that specific property until its value increases. These shares can now be traded whenever someone...

Rising Rents Dubai

Rising Rents Mean That New Tenants Will Have To Pay Much for Smaller Houses

The "Holiday Home Concept" Is Becoming Increasingly Popular Among Landlords. As per real estate industry executives, UAE residents renting for the first time will likely pay more for smaller spaces. Due to an increase in rentals and a shortage of villas. Since the pandemic imposed movement restrictions, there has been an increase in demand for larger apartments and villas. Even though Covid cases...

Can Landlords Prohibit Tenants From Making Holes In Their Apartments’ Walls?

A KT Reader Wants To Hang A Clock And Install Curtains. In Dubai, I like an apartment. The real estate agent, however, says I cannot make any holes in the walls. I made the argument that I would have to drill some holes to hang clocks as well as other items or install the curtain. He will not budge, though, and insists that I will be responsible for any harm I cause. Can the business impose such a...

Dubizzle

Dubizzle: A Top Real Estate Platform in Dubai

The real estate market in Dubai has undergone a major transformation over the past decade. Real estate prices have skyrocketed. Now, more than ever before, prospective buyers are looking to Invest in Dubai. The availability of information on the internet has also made it easier for people to access listings. Also, the top real estate ad platform in Dubai like Dubizzle has made it smooth. With so many...

Invest Dubai

Invest in Dubai : Four Major Benefits of Investing in Property

If you are looking for a safe investment, you should invest in Dubai's real estate market. It offers many advantages, such as no income or capital gains tax. In addition, a cosmopolitan city is a popular tourist destination. You can also expect to make a high return on your investment because of the high demand. In this blog, I am going to share top four benefits of investing in Dubai property sector. Let...

Sale of Dubai Property

Sales of Dubai Property Reached AED 160 Billion In 2022

Due To Investors' Confidence In The Emirate's Promising Future, The Real Estate Market Attracted Nearly Dh160 Billion In Investment In The First Eight Months Of 2022. Despite global headwinds, the Dubai real estate market maintained its upward trend. Attracted a combined total of Dh24.3 billion investment via 9,720 sales deals in August. According to most recent data, this month had the highest volume...

Property Owners Dubai

Are Property Owners Who Do Not Pay Service Charges A Victim Of Credit Rating?

Property Management Companies Desire Service Fee Defaults to Appear On Credit Reports. Failure by homeowners to pay their properties' service charges could result in significant future financial hardship. Similar to how late payments for credit card balances or recurring utility bills affect credit score ratings; these defaults may be reported in the person's credit report. Leading homeowners...

Golden Visas For Buyers

Next Property Launches Will Coincide With The Issuance Of Golden Visas For Buyers

Builders Expect A Noticeable Increase In Buying Activity As Final Government Approval Approaches. According to market sources, Golden Visas for investors with Dh2 million or more in Dubai property assets should begin to be given out in October. The update brings, as developers get ready for more off-plan launches. In addition, those with prices above Dh2 million come with developer guarantees. Those...

Property Brokers Dubai

Property Brokers Have Seen Rate Increases Due To New Land Department Laws

Property Portals Raise Prices For All Listings By 30–40%. Sources report that some of the top real estate listing websites have raised their rates or plan to do so soon. The power of portals has increased because of recent modifications to Dubai's property advertising regulations. The number of brokers and agencies permitted to represent and list any given property has been restricted by directives...

Skyz Tower Dubai

The Main Contract For Dh475 Million Skyz Tower Awarded To Danube Properties

By The End Of The 3Q Of 2024, Skyz Project Will Be Built And Delivered By Naresco Contracting. Naresco Contracting has been chosen by Danube Properties to serve as the main contractor for the building of Skyz Tower. A high-rise residential tower with a Mediterranean design and a development value of more than Dh475 million. In Arjan, close to the Miracle Garden and with quick access to the...

Living Room Dubai

Why Rent Instead Of Buying For Your Next Living Room

Imagine that you are about to move into your new flat, but dread sets in before excitement do. It is a laborious process, and chances are you have some furniture you do not need anymore. Then, what happens? Do you abandon it on the sidewalk? Maybe give it to a friend? Alternatively, waste hours attempting to resell it on classified websites. The average millennial moves around ten times before settling...

Dubai Jobs

Unveiling Of Dubai’s “Urban Tech District” That Promises 4,000 Jobs

Urban Tech District Intends To Build Conference And Business Incubator Facilities. Al Jaddaf in Dubai will soon house a "district" devoted to the tech sector. 4,000 jobs in "green urban tech," education, and training are expected to be created by the Urban Tech District. In comparison to any other city in the world, Dubai is best placed to lead the Urban Tech transformation, according to Baharash...

Dubai Apartment

Dubai Apartment with Five Bedrooms Sells For Dh163 Million

Dubai Recorded Over 9,450 Transactions in August Approximately One of the priciest real estate transactions ever to take place in the emirate of Dubai. That involved a five-bedroom apartment that sold recently for Dh163 Million. The Royal Atlantis Residence on Palm Jumeirah is where the 22614 sq. ft. apartment is situated. According to FAM Properties, the Business Bay community had the best result in...

Dubai Land Department

Dubai Land Department (DLD) Tightens Marketing Restrictions, Allowing 3 Permits per Property

For Each Property, There Will Only Be 3 Permits Issued; This Rule Applies To Agents And Portals. The Dubai Land Department has mandated that only 3 permits will be issued to advertise or list each property, further tightening the restrictions on real estate marketing in Dubai. This effectively eliminates multiple listings and some other practices that had been used by allowing up to three agents to...

New Office Building in Dubai

Uptown Tower, A New Office Building In Dubai, Is Completely Leased

Uptown Tower Will Offer 495,000 Square Feet Of Grade A Space When It Is Completed At The End Of The Year. Prior to its finalization later this year, Dubai's newest skyscraper, the Uptown Tower, has completely leased all of its office spaces. This indicates that tenants have reserved the 495,000 sq. ft. of Grade A office space. That is currently available across 22 floors as the master-developer DMCC...

Dubai Developer

Dubai Developer Claims That Sales More Than Doubled In H1 of 2022

Reportage Properties Says That Construction Has Started On Its Verdana Project At Dubai Investment Park (DIP). Verdana at Dubai Investment Park (DIP), a new project in the Green Community of Dubai, has reportedly begun construction. The project consists of 305 townhouses. A unique benefit being offered for the first time in the UAE is that each unit has a private elevator. The project has experienced...

Most Expensive Properties Dubai

11 Most Expensive Properties Dubai Ever Sold

Prices Have Increased By Over 44% In Some Areas. Due to a significant influx of wealthy people to the Emirates because of the government's successful management of the pandemic, most expensive properties Dubai has been in incredibly high demand. Prices have recently increased by over 44% in posh locations. Like Downtown, Emirates Hills, Palm Jumeirah, Jumeirah Bay Island, and more. Luxury real...

Best Areas to Live Dubai

Dubai’s Three “Best Areas to Live” Have Rent Increases Of Up To 24%

Rents For Villas And Apartments In The Most Populated Areas Are Made Public. The most sought-after communities in Dubai for residence in 2022 will be Downtown Dubai, Dubai Marina, and Business Bay due to their dynamism and distinctive lifestyle options. The other most frequently searched areas in the emirate are Jumeirah Village Circle, Palm Jumeirah, and Jumeirah Lake Towers, according to the most...

Dubai Beachside Villa

Is Mukesh Ambani The Mystery Buyer Of The $80 Million Dubai Beachside Villa?

As per report, His son Anant purchased a ten-bedroom mansion in Palm Jumeirah. According to reports, Indian industrialist Mukesh Ambani purchased an $80 million beachside villa in Dubai. The 27-story Antilla in south Mumbai is owned by the Ambanis and serves as their home base. However, the industrialist and his family have been buying upscale homes around the world, including in US and...

Property Transactions Dubai

Dubai Property Transactions In July Were The Biggest In A Decade

The Secondary/Ready Market Accounted For 59% Of The Transaction Volume. While The Off-Plan Market Accounted For 41%. Dubai’s real estate market recorded 7,092 sales transactions in July 2022, highest in nearly a decade, data showed on Thursday. 5,024 transactions represented the high point in 2013. The sales transaction volume was up 63.56 percent over the year-ago period, and 88.41 percent higher in...

Foreign Ownership

Emaar Properties Will Approve 100 Percent Foreign Ownership

Shareholders Of Emaar Are Pleased As The Stock Soars Past Dh6 In Early DFM Sessions. Emaar has scheduled a shareholder meeting for September 21 to obtain their approval. Before issuing 659.05 million shares at Dh1 apiece in order to increase the developer's capital. The developer's new capital will be Dh8.83 billion as a result. A "special resolution" to eliminate the requirement that UAE and GCC...

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