Dubai

In February, Dubai's Property Price Growth Maintained a Modest Trajectory As off-plan sales maintain dominance in the market, Dubai anticipates the emergence of three new master communities in 2024, poised to bolster the supply of villas and townhouses while propelling the emirate into its next phase of expansion. Emaar has announced two new communities—The Heights Country Club and Grand Club Resort,...

IHG's signing of Marbella Resort marks its debut Vignette Collection hotel on the World Islands. IHG Hotels & Resorts, a prominent global hotel company, has recently finalized a franchise agreement for its second Vignette Collection hotel in Dubai, partnering with The Heart of Europe, a flagship project under the Kleindienst Group. Slated for a grand opening in January 2026, the Marbella Resort...

Enabled By Du's 5.5G Experience Carrier, Offering Subscribers Real-Time Peak Speeds Of 10Gbps. On Monday, the world's inaugural 5.5G villa made its launch in Dubai, promising a new era of opulent living. This cutting-edge technology, a collaborative effort between the Chinese tech giant Huawei and the United Arab Emirates' second telecom provider, du, leverages Huawei's latest 5G-Advanced fixed...

The Emirate Surpasses San Francisco, Amsterdam, Los Angeles, Washington, Melbourne, Zurich, And Sydney In The Rankings Dubai Earns Prestigious Spot in Top 10 Global Cities for Livability, Lovability, and Prosperity, as per the World's Best Cities Report by Resonance. Dubai outranks prominent cities such as San Francisco, Amsterdam, Los Angeles, Washington, Istanbul, Vienna, Toronto, Boston,...

Dubai, a city renowned for its captivating blend of natural beauty, towering skyscrapers, world-class cuisine, and abundant career opportunities, stands as a global beacon of success. Welcoming people from all corners of the globe, from ambitious entrepreneurs to dedicated laborers, Dubai's allure extends to a diverse range of housing options, from spacious studios to opulent waterfront villas. Today, we...

Elitz 3 Offers A Pioneering 1% Monthly Payment Plan, Following The Initial Deposits. Over the weekend, Danube Properties introduced Elitz 3, an impressive project with a development value surpassing Dh800 million, situated at Jumeirah Village Circle (JVC). This development will be adjacent to Elitz and Elitz 2 towers, which are currently under construction. By the fourth quarter of 2026, the twin...

Over A Dozen Entities Worldwide Have Shown Interest In The Joint Venture. Potential bidders from various countries, including China Investment, Malaysia's KLCC Property Holdings (also known as KLCC REIT), and Saudi Arabia's Hassana, are expressing interest in acquiring a stake in ICD Brookfield Place, an office tower located in the heart of Dubai's bustling financial district. According to insiders...

The Locations To Look Out For Are JLT, Palm Jebel Ali, And Oasis. 1.    What Are Dubai's Most Exciting Up-And-Coming Neighborhoods? Dubai is home to many potential upcoming areas. JLT is taking an uncertain step by introducing 'Uptown Dubai,' a brand-new neighborhood in the works. The opening of the Uptown structure, the region's first supertall structure, is expected to draw...

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

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

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

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

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

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

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

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

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

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

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

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

The 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 %...

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...

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

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

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

5 Islands Will Make Up The Enormous 17 Sq. Km. Attraction, And Each Will Have Its Own Offerings. Dubai's master developer has repurposed the 'Deira Islands' project into a cluster of five islands spanning 17 square kilometres. As the developer doubles down on the Dubai branding, the new destination will be branded Dubai Islands. The project will be in line with Dubai's 2040 Urban Master Plan and will...

Ten-Year Residency Will Be Offered To Developers As Part Of Incentives Starting In September. Golden Visas are in demand right now, and developers in Dubai are well aware of this. From September, developers are planning off-plan launches aimed at investors who want to use the Golden Visa route. In addition, how should it be done? More options should be available in the crucial Dh2 million and above...

High-End Apartments Will Be Available In Cavalli Tower, Safa One De Grisogono, And Safa Two De Grisogono. Three of DAMAC Properties' most opulent developments in Dubai now offer a variety of penthouses as well as luxury apartments. With views of The Palm Jumeirah from Dubai Marina, the developer's Safa One de Grisogono, Safa Two de Grisogono, and Cavalli Tower all contain its Skylofts...

Foreign Investors Invest Billions Of Dirhams In The Emirate's Real Estate Each Year. The Industry Has Been Recovering Strongly Since The Pandemic, As Evidenced By The Record-High Number Of Transactions. Dubai Realty companies are required to include the official permit number issued by Rera on advertisements in addition to other information about the business and project. The name of the real estate...

Dubai: Ahead of the demand that would exist during the FIFA World Cup in Doha late November. Landlords and real estate investors in Dubai are converting their apartments from annual rentals to short-term leases. Since their owners want to test their properties before the matches in Doha begin. A sizable number of recently transferred properties are also being placed in the short-stay market. As footballs...

As Homebuyers Deal With Increasing Mortgages, The 1%/Monthly Payment Is Becoming More And More Popular. Dubai developers are reinstating the lengthy post-handover payment terms; recent off-plan launches even included "7.5-year" clauses. The goal is to allay buyers' concerns about rising mortgage rates. Especially since there will be at least a couple more increases later this year. Another...

All Transactions, Including Payments, Must Be Made VIA Dubai Land Department. A top question: After I pay the whole sum that, the initial buyer of the property paid to the developer. I would like to purchase a property from one of the builders through them. What are the legal steps required to complete the acquisition of the property and guarantee that the property is properly registered in my...

Emaar's Backlog Of Domestic Sales Is Currently Dh32.75 Billion. Emaar Development, which concentrates on Dubai, sold Dh15.21 billion worth of real estate in the first half of 2022. A 10 percent rise from the same period in the previous year. The Emaar data support Dubai's record-breaking real estate sales over the past 18 months. Emaar Development generated revenues of Dh7.28 billion and an EBITDA of...

In a 7.5 billion dirham ($2 billion) deal, Emaar Properties announced on Thursday that it was buying out its joint venture partner in a Dubai property development. As a result, the ruler of Dubai will move up to the developer's second-largest stakeholder position. The leading developer in Dubai, Emaar, said in a statement that it has achieved an agreement with Dubai Holding, the investment vehicle of...

The Trend Is Especially Prevalent Among Young Couples That Prefer Studio And One-Bedroom Residences. According to specialists in the field, short-term rentals are becoming incredibly popular, particularly because of post-Covid travel trends. According to Raquel Lopez, VP at Barceló Hotel Group, "the trend of short-term rentals & staycations has significantly increased in the last two years...

A Number Of Charges That Customer Must Pay In Addition To The Purchase Price. But We Would Not Term These Hidden Costs Because They Are Covered During The Property Purchase Process. Top FAQs before Buying Property in Dubai 1.     What Is The Range Of Pricing For Properties In The Area? You can tell an area specialist from a non-area specialist right away using this question....

Due To A Booming Local Economy Where Businesses Are Finalizing Their Expansion Plans And An Influx Of Senior Managers, Business Owners, And High Net-Worth Individuals, Occupancy Demand Has Been High. According to Savills' Dubai Office H1 2022, city's office market has held up well during the first half of 2022. Thanks in large part to the ongoing demand for Grade an office space. Which has also caused...

They Will Be Issued Beginning on Wednesday, July 27th A high-level committee led by the Crown Prince of Dubai has approved the urgent release of 2,000 residential land plots in Umm Nahad Fourth region. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE issued the directions that led to this. The distribution took place. Dubai's Crown Prince Sheikh Hamdan bin Mohammed bin...

As Rents And Values Rise, More Investors Start Investing Money In Dubai Real Estate Starting At Dh500. As values increased in the first half of 2022, investors are finding that shared ownership of Dubai homes can be a good source of income. Shared ownership, or "fractional" ownership, of houses and offices in Dubai appears to have struck a chord with investors, even if gains in property values do not...

The Fastest Rate Of Cost Growth In Eight Years The majority of Dubai's neighborhoods are seeing an acceleration in residential rent prices. The places with the largest rises include Discovery Gardens, Living Legends, Downtown, Jumeirah, and Dubai International Financial Centre (DIFC). According to real estate analysts and business leaders, the population growth following Expo 2020 and the...

Demand Is Not Decreasing or Rental Prices Are Not Stabilizing During the Summer Weeks Tenants in Dubai who intend to move should act quickly because this summer's rental gains are not expected to slow down. In fact, property owners are raising their demands and sometimes even raising them within a short period of time. As Dubai's residential rental, market moves closer to a full recovery, this could...

Gains in Transparency for the Emirate Are Driven By New Market Legislation As per JLL's most recent Worldwide Real Estate Transparency Index, the real estate markets in Dubai and Abu Dhabi have been ranked as the major global improvers in 2022. (GRETI). Dubai also made its debut appearance in the "Transparent" tier, highlighting its status as the Middle Eastern and North African region's most...

According To Experts, It Provides Individuals More Freedom to Choose Their Own Designs and Materials More people are choosing to buy plots and construct their own custom homes rather than buying premade houses from developers as real estate prices reach new highs. For individuals who want to customize their homes, it is a highly practical alternative, according to Jeff Raju Kuruvilla, sales manager at...

Bitcoin is a new buzzword that has been thrown around in financial circles, and it has been linked to real estate. Bitcoin is widely used, yet few people are aware of what it signifies. Bitcoin is a type of digital currency that is increasingly being used in property transactions. Many people, however, are still unsure about how to reap the benefits of buying home with crypto. Purchasing and selling real...

New Listings Raise the Stakes with Dh300m and Dh350m Asking Prices With Dubai Luxury Property, costing DH 300 Million and more setting new standards. The stakes and prices have increased for ultra-luxury homes in Dubai. Alpago Properties said it would be constructing six villas on the Palm's "Billionaire Row" with prices ranging from Dh120 million to DH 300 Million. At DH 300 Million, it does not...

The Tower Cluster Is Growing As End-Users Seek More Inexpensive' Solutions. The Business Bay Properties are experiencing one of the fastest growth rates in Dubai's property market. As middle-income end-users and investors snap up 'cheap' apartments. The majority of the value gains occurred in the 1Q of the year. According to some estimates, the cluster's units have increased by 17% in 2 years,...

According To CBRE, Residential Rentals in Dubai Are Rising At the fast Rate since Late 2014 According to analysts, the total volume of transactions in Dubai's residential market reached a 13-year high in May as investors. High-net-worth people and entrepreneurs intend to relocate their businesses to the city. As per CBRE's newest research, overall transaction volumes in Dubai's residential market...

The world is developing the fastest through technology. Many sectors are working with digital currency i.e. real estate with crypto. While water-powered vehicles are being built, experiments are being carried out to fly humans, 5G technology is being applied and a systematic campaign is being launched to implement digital currency everywhere, so People may use digital currency with satisfaction. It is...

Within The Last Eight Months, the Developer Has Sold Out Three Projects Danube Properties' latest Dh350 million Gemz Project was bought out within a few hours of its opening. Demonstrating that interest in the affordable property remains high in Dubai. End-users and brokers flocked to the idea. "As we continue to meet our commitments to an increasing number of UAE nationals. That is our strongest...

By Value, Mortgaged Purchasers Account for Only 18% of Dubai's Home Market A report released on Monday stated that Dubai apartments and villas transactions that total worth Dh61.9 Billion are completed between the months of January and May 2022. This highlights the way the real estate industry continues to thrive. Even as the global economy struggles to battle inflation amid tighter markets. As per...

Al Wasl, a Luxury Suburb in Dubai, Is the Latest to Provide Villa/Mansion Plots Lands for Villas are not the only hot properties on the market in Dubai right now. Plots to develop them are selling just as quickly. For the first time, a cluster of plots in the Al Wasl area for the development of villas/mansions is also available to non-UAE nationals. There are just 140 of these plots available, the...

It is all rainbows and sunshine in Dubai! Warm temperature, low taxes, a secure and sophisticated banking system, modern infrastructure, a vibrant atmosphere, you name it, Dubai has it everything! Thanks to the UAE investor visa, it is now possible to call Dubai home. It is said that "home is where the heart is." You should feel safe and at ease in your own home. In addition, if you want to move your...

Quick Facts about Dubai Dubai is one of the world's most diverse, attractive, and affluent cities, with stunning historical sights, modern architecture, cutting-edge infrastructure, and cultural variety, a fast-rising economy, and unrivaled insight. As a result, hundreds of local and foreign investors consider Dubai to be a once-in-a-lifetime investment opportunity. Here are some important facts about...

There Are Currently Roughly 50 Serious' Listings For Dh100 Million Properties, With Palm Being The Most Popular. Increasingly properties worth more than Dh100 million are being listed for sale in Dubai. As their owners believe the super-luxury residential market has reached – or is approaching – its pinnacle. Currently, roughly 50 similar homes in Dubai are available at these prices, most of which...

Because of the increased affordability, property specialists expect that the majority of real estate purchasers in Dubai will increase this year. Individuals who have been hesitant to purchase their own homes in recent years are now considering real estate investing. If you are one of these potential buyers, you may even be having trouble selecting whether to buy an off-plan or a ready-to-move-in...

Dubai property market rise has continued into May, with sales totaling DH 18.3 Billion. This is the second-highest May total since 2009, after Dubai Marina. The best prices may be found in Downtown and Springs. In May, a Dubai Marina apartment purchase was fixed at DH 1.8 Million, far higher. Than the DH 1.3 Million to DH 1.4 Million that was the going pricing a year before. According to market sources,...

Buying off-plan is one of the best ways to invest in your future. There are many advantages, including amazing payment plans and lower prices. The right project can be difficult for someone who is not sure what he or she want. However, we have got you covered with our list below featuring some awesome projects. That will give massive returns on investment as well as be able to cater to any need or...

Dubai 1-Year Tenant Contracts Record 15-30% Picks Up- Ought To Proprietors Cash In On That. Dubai: Over the past 12 months, Dubai Rents Spike by 10-15% compared to most residential areas. With larger neighborhoods such as Palm Jumeirah and Dubai Marina seeing increases of almost 30%. The general opinion is widespread that rents will rise in the summer. Should Dubai property owners who have secured...

The Most Famous Man-Made Island in the World Continues To Attract High-End Buyers Even as demand in other regions of Dubai continues to decrease, property prices on The Palm Jumeirah continue to rise. With the island establishing new records for villas and flats. According to data from real estate firm Knight Frank, premier and expensive neighborhood in Dubai. Such as The Palm Jumeirah, Emirates Hills,...

We live by the premise that luxury never goes out of fashion, and it has been shown to be true in every context. Over the years, we have discovered another precept - elegance has no price - which is proving to be as true in the state of the world today. Dubai has traditionally been linked with mega-mansions and huge villas that are only available to the wealthy. However, an increasing number of newer...

According To the Most Recent Reuters Poll of Analysts, Dubai Property Prices Would Grow By 7.5 Percent on Average In 2022 Property prices are always been increasing all over the world and increased hugely in Covid 19 pandemic. Especially in developed countries like Dubai, Russia, and China.  As per a Reuters survey of economists, Dubai property prices are expected to climb consistently over the next 2...

Villa Rents Might Rise By Up To 15% in the Next Two Quarters as New Inhabitants Increase Demand for Residential Properties After becoming tenant-friendly in recent times, the rental market will level out and begin to benefit property owners. Nevertheless, Dubai Rents increases will not be consistent across the city, according to analysts. Analysts, senior executives, and industry experts predict that...

The trend of cryptocurrency is intensifying in the world. People find it beneficial to invest in it. Because when the prices of cryptocurrencies go up, so does the investment. Not only do people invest here, but they also buy groceries or property when the time comes. Like people are buying apartment with bitcoin in Dubai. Apart from Dubai, people in big countries like Russia, the USA, the UK, China, and...

Well-known real estate companies manage property management in Dubai, like in rest of developed countries. Because these companies are well versed in rules and regulations. More than 70% of Dubai's population is foreign. Moreover, buying, selling, or managing a property here is the hardest thing for an average person to do. That is why the best and easiest solution is to contact the property management...

Emaar beachfront Dubai is a series of mixed-use developments by Emaar Properties located along the Jumeirah coastline in Dubai, United Arab Emirates. The project comprises various developments. Such as Emaar Beachfront Projects Beach Mansion, Beach Vista, Sunrise Bay, Marina Vista, Palace Beach Residence, Beach Isle, South Beach,  Grand Blue Tower, Grove apartments, Creek Palace, and Rosewater creek. All...

A Russian national purchased a mansion in MBR City's District One cluster. European buyers are still looking for good deals in Dubai's high-end real estate market. Dubai: European and CIS investors are still the most active in Dubai's luxury residential market, with a Russian bidder just completing the acquisition of a house in District One for Dh89.1 million. This is said to be one of the highest...

On May 28, the Al Furjan Project Will Be Put Up For Sale Danube Properties launched Gemz Apartments, a Dh350 million pyramid-shaped building with 30 facilities, in Al Furjan on Tuesday. The company's 16th development, which includes 270 apartments, features unique convertible designs. That allow one-bedroom units to be converted to a 2BHK and a 2BHK to a 3BHK. As well as an in-built pool house with an...

Over the last few years, off-plan apartments have increased in popularity & demand in Dubai. There are various possible explanations. Both property speculators and residential buyers prefer Dubai off-plan properties because they offer lower rates and much more versatile payment choices than ready-to-move-in properties. Off-plan properties can greatly raise an investor's profile. When recommended by...

In Q1 2022, Average Villa Rental Rates Increased By 2%, With Some Developments Seeing Rises Of Up To 10%. Annual Increases Averaged 5% On Average. According to market analysts, property market activities in Dubai and Abu Dhabi stayed strong in the first 3 months of 2022. Because of a series of government schemes, economic development, and improved market mood. According to property market experts at...

Manrre Logistics hopes to conclude 2022 with $100 million in assets without breaking a sweat The Jebel Ali Free Zone Dubai: Ecommerce has changed the dynamics of Dubai's retail sector, and it is doing the same for commercial real estate assets. Investors are interested in anything related to warehousing that can meet the needs of eCommerce. "Any warehousing or logistics space with average ongoing...

Arabian Ranches is certainly captured your eye if you are seeking the most lucrative investment possibilities in Dubai villas.  Experienced investors will find numerous amazing investment possibilities in the private area of villas and townhouses. There is much property for sale in Arabian ranches, although Arabian Ranches is proud of its status as sophisticated suburban development purchasers can also...

By offering a new sales platform, Bitcoin is expected to impact the real estate market. Buyers and salesmen can potentially connect in real time by overcoming bank intermediaries and significantly accelerate the global transaction process. Now that cryptocurrencies are entering the wallets of financing and financial planning, it has become an option to buy Dubai property with crypto. How does Bitcoin...

Real Estate with Crypto: One of the most important trends for Dubai's real estate market is going to change - not only will it be a good choice, but a great investment. Dubai has become a favorite place to buy real estate with Bitcoin. The reason is simple: Dubai will soon be known by Dubai BlockChain for its smart contracts through Dubai Smart City initiatives. Because Dubai's blockchain technology works...

Everyone requires money at some point in their lives. There are numerous solutions to this problem, including taking out a loan from a bank or other financial institution, borrowing money from relatives, friends, or colleagues, selling furniture or real estate, valuables, and so on. Several people are attempting to sell their homes as quickly as possible in order to raise the much-needed funds. Selling...

Dubai is a well-known real estate market with a wide range of assets for sale, including flats and luxury houses. Since the Dubai government revised the rules to allow foreigners to acquire dwellings and apartments, many individuals have wanted to invest in Dubai. Foreigners have various benefits when purchasing a house in Dubai, including a high potential for return on investment. Hundreds of homes...

For The Time Being, Crypto Transactions Typically Require the Use of Currency to Complete the Transaction Dubai is moving closer to enabling cryptocurrency to be used to buy and sell real estate. However, there are currently tight requirements for issuing a SPA. Only a few years ago, cryptocurrency trades for real estate appeared far-fetched, if not impossible. Although it is still uncommon, numerous...

The UAE Golden Visa program has generated quite a stir among specific groups of expats with ambitions to secure permanent resident status in the United Arab Emirates since its inauguration in 2019. Foreign nationals can live, work, do business, & study in the UAE without the need for a national sponsor under the Golden Visa system. Foreign entrepreneurs and investors are also permitted to own 100% of...

Dubai: Rent Rises In Dubai's Residential Property Market Are Gathering Up Steam, With Some Landlords Demanding Far More Than The Official Rental Index From Their Existing Renters In High-Demand Areas. Rents have risen by roughly 10% throughout Dubai over the last year, but yearly rises for renters in places like the Palm Jumeirah (up 36%), Jumeirah Park (up 25%), and the Lakes (up 21%) have been...

Due To Its Pro-Business Culture And Recent Visa Reforms, The Emirate Is A Popular Location For Elevated Individuals. The rich real estate sector of Dubai has always been booming and even on pandemic days too. Expats from all over the world are expressing their keen interest in buying and renting real estate in Dubai. Due to the Ukraine Russian war, many big investors are also coming here. That's the...

The majesty, lush green surroundings, and affluent lifestyle of Dubai's golf communities are well known. Residences in these communities, which overlook a golf course, offer an affluent lifestyle with cutting-edge amenities. What is the best part? Golfers will have little trouble finding membership possibilities in golf clubs. If you want to live in one of these communities and live an ultra-exclusive...

Emaar Properties' Revenue Climbed By 12% in the First Quarter of This Year To $1.806 Billion Emaar Properties, a Dubai real estate developer, increased its net profit by 241% to DHS 2.239 billion ($610 million) in Q1 2022, compared to DHS 657 million ($179 million) in Q1 2021. Emaar's revenue in Q1 2022 was DHS 6.635 billion ($1.806 billion), up 12% from Dhs5.921 billion ($1.612 billion) in Q1 2021....

Dubai's rapid transformation into a global economic and social hub has been driven by remarkable technological advancements, attracting a diverse influx of individuals seeking residence and business opportunities. The city's growth is significantly facilitated by top real estate companies, playing a pivotal role in shaping its landscape. With some of the largest real estate developers in the UAE, property...

People from all over the world are flocking to the fast-growing city of Dubai. In connection with a job or business. While the hot and humid climate here brings warmth, it also gives you mild weather in the severe cold of the whole world. A rich economy, tax-free property, tall buildings, and tall towers have the potential to captivate people with their beauty. That is why people of every color, race, and...

The 'World’s Richest 1%' Frequent the Palm as well As Other Super-Prime Places. Property on the Palm Dubai themed by seaside villas in Los Angeles, a five-bedroom 8,600 square feet home is on the N front and it has sold for Dh63 million. This represents one of the bigger deals in Dubai’s property market during the second quarter! "The house was displayed in immaculate condition, which the buyers...

Off-plan properties are those that have been bought before completion. Investors usually buy them during the construction phase and wait for the property to appreciate before selling it or moving in. Off-plan investment in Dubai has become increasingly popular in recent years, as the city's population and economy have boomed. There are many advantages to buying off-plan, including lower prices, a wide...

Dubai's Super-Prime Luxury Property Sales in 2022 May Surpass the 93 Units Sold In 2021 Dubai: Over the first three months, cash-ready purchasers from the UAE and abroad purchased slightly over 30 $10 million properties in Dubai, setting the stage for another record year for super-prime' residential sales in the city. In 2021, there were 93 sales of $10 million or more. According to Faisal Durrani,...

According to an analyst, the market has increased dramatically after the Covid-19 pandemic. The best of both worlds - a perfect escape to some much-needed relaxation without having the hassle and stress associated with owning your own property. Renters in UAE are earning up to 50% more than those who rent their homes, but it does not stop there! You will also have access or 250+ listings at any given...

Investors from the United Kingdom, Italy, and France took the top ten spots in the Dubai real estate market. The Dubai real estate market is seeing a sudden surge in investment from abroad. The top 10 list of foreign investors for this year’s first quarter shows that three countries occupied prime positions. With Italy coming out on top and France second place respectively while, Britain rounds off...

Dubai is a city of sun and luxury, where modern life meets opulent traditions. The last ten years have seen this city grow into one with more than 2 million people living in it--a number that is still climbing! There are so many different areas for expats to choose from when they move here domestically or internationally: some prefer bustling Deira. Others might love wallowing poolside on Palm Jumeirah...

If you have a furry friend, then you understand the Importance of finding a pet-friendly home. In addition, if you are looking for the perfect place to call home with your furry friend. Look no further than these communities in Dubai. From spacious parks to big homes, these communities have everything you and your furry friend could ever want. In addition, if you do not have a pet of your own but adore...

Dubai's recently opened Gold Souk Extension aims to enhance Dubai's reputation as a global center for precious metals, stones, and jewellery. At the same time, the marketplace is offering Deira Dubai, the city's most valuable heritage, a much-needed boost in visibility. As new buildings and communities are completed, Deira Dubai broad business and residential zones are experiencing increasing resident...

The 25,000-Square-Foot Unit Is Part Of The Royal Atlantis Resort & Residences On The Palm, And Buyers Are Approaching. With prices for luxury properties in Dubai reaching new heights, it seems that the market has no end. A 25 thousand square feet Luxury Penthouse at The Royal Atlantis Resort and Residences is said to be costing Dh 180 million. Making this one of the most expensive penthouses on...

Villas in Dubai are some of the most luxurious and sought-after properties in the world. Thanks to their luxurious features and prime locations, they offer a lifestyle that is simply unmatched. In addition, it is not hard to see why. With its stunning architecture, excellent amenities, and perfect climate, Dubai is a truly unique destination. Luxury Villas for sale in Dubai offer a rare opportunity to own...

Property management is a 24/7 job. From managing tenant issues to negotiating contracts for garbage removal, grounds keeping, and janitorial services, effective property managers keep everything running smoothly all day long. However, things do happen - whether it is an emergency with one of your tenants or simply need some advice on how best to handle another situation at work- so follow these handy tips...

Dubai is home to some of the most impressive buildings in the world, including the Dubai Creek Tower and the Burj Khalifa. The city is also a major center for business and tourism, making it an excellent place to invest in property. Prices for apartments and villas in Dubai have been steadily increasing in recent years, and there is no sign of this trend slowing down. With its strong economy and growing...

This month, a modest terminal on the asphalt of Dubai airport, midway along its major runway, is doing brisk business. Hundreds of Russians have been deported on a daily basis. Many of them are among Vladimir Putin's wealthiest personalities. After a brief VIP reception and limousine journey, the oligarchs find themselves in a world. That is unconcerned about Moscow's invasion of Ukraine or attempts to...

As far as fantasy locations go, Dubai has to be at the top of the list. Many people travel to the Middle East every year to see this ideal place. It's a destination where you can enjoy the best entertainment, ultra-modern architecture, exotic and exciting nightlife, and spectacular views of the beautiful skylines. Find out what else makes this magnificent city a dream vacation by reading this article in...