Real Estate 2023

Scannable QR Code Provides Access to Holiday Home Operator Information and DET Contact Details in Dubai Dubai's Department of Economy and Tourism (DET) recently introduced a new QR Code initiative aimed at enhancing transparency and instilling confidence among investors and visitors in the short-term rental market. The initiative aligns closely with the objectives of the Dubai Economic Agenda (D33),...

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

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

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

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

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

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

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

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...

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...

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...