Dubai

Little Moscow in Dubai

Dubai’s ‘Little Moscow’ Emerges as Russian Investors Acquire Housing Clusters

In recent years, Dubai has seen a significant surge in Russian investors keen on acquiring land plots, intending to establish what is now popularly referred to as 'Little Moscow.' This trend has gained momentum, particularly in light of sanctions imposed on Moscow, limiting Russian access to European and North American markets. Let us delve into the Russian impact on Dubai's real estate sector. The...

Dubai Skyscraper

Chinese CIC and Saudi Fund Express Interest in Dubai Skyscraper

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...

Dubai

Emerging Gems: Dubai’s Most Promising Upcoming Neighborhoods

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...

World Second Tallest Tower

Dubai Set to Acquire World’s Second Tallest Tower

While The Developer Chose Not To Disclose The Tower's Name Or Exact Height. But They Previously Mentioned That It Would Be Situated At A Prominent Site Along Sheikh Zayed Road. Dubai, UAE, is set to welcome the construction of the world's second tallest tower. This awe-inspiring project promises to enhance the city's iconic skyline further. Standing tall amidst its predecessors, the new structure will...

Holiday Homes

QR Code Initiative for Holiday Homes Launched in Dubai

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),...

Flat Maintenance in Dubai

Who Is Responsible For Flat Maintenance In Dubai: Landlords Or Tenants?

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...

Dubai Prime Property Prices

Dubai Prime Property Prices Are 80% Cheaper Than Global Cities

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

Dubai St. Regis Residences Downtown Dubai

Dubai’s New St. Regis Residences Sells Dh1 Billion In 1 Hour

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...

Super Rich Demand Homes

UAE’s Super-Rich Demand Dh100m Homes, Jets, and Yachts

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

Co-Living in Dubai

Co-Living and Co-Working Make a Strong Comeback in Dubai after Pandemic

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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 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....

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...

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...

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...

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...

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 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...

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...

Ready Homes

Buyers Can Buy Ready Homes for Discount Compared To New Launches

To Appeal To European Consumers, Dubai Developers Have Recently Added Additional Luxury And Pools To Their Projects. A significant difference is opening up between property prices in Dubai sold off-plan and those purchased in the secondary market. Providing additional chances for purchasers. On average, recent off-plan launches in Dubai have price tags that are 14-30% more than equivalent ready...

Palm Jumeirah Penthouse

Another Palm Jumeirah Penthouse Sold For Dh 163 Million In Dubai

Atlantis Penthouse The Royal Resort & Residences Was Bought Last Year For Dh180 Million. Atlantis, the largest penthouse on the Palm Jumeirah Dh163 million was paid for The Royal Residences. The 25,208 square foot five-bedroom triplex penthouse has many amazing facilities. Including terraces, two private pools, a private elevator, a sky garden, and floor-to-ceiling windows with 360-degree views of...

Dubai Provide Golden Visa

More Developers in Dubai Provide Golden Visa Incentives

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...

Damac -Skylofts Collection

DAMAC Unveils Dubai’s Opulent Skylofts Collection

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...

Property Transactions Dubai

Dubai Hits Dh1.4 Billion In Property Transactions In Just One Day

Transactions Include Sales, Mortgages, And Gift Arrangements On Monday, the Dubai property market saw 528 sales transactions totaling Dh1.28 billion, as per Dubai's Land Department (DLD). Additional 91 mortgage agreements worth a combined Dh169.72 million and 10 donation agreements worth a combined Dh23.06 million were made. The sales included 71 land plots valued at Dh387.16 million and 457 homes...

Dubai Residents

Dubai Residents See Benefits in Renewing Contracts As Rents Climb By 20-30%

Tenants Believe It Makes Logical To Pay Their Current Landlord More Given That New Leases Have Increased By 20–30%. In Dubai, more tenants are choosing to stay put while rents are rising since it is the simplest choice. Residents are prolonging their present leases rather than moving to new homes and the significantly higher rentals, which come with them. The most recent home rental transactions...

Luxury Housing Dubai

Dubai Is Fourth Worldwide For Luxury Housing Capital Value Rise In H1

After Adopting An Effective Plan To Combat The Covid-19 Pandemic And Implementing Recent Immigration Improvements, Dubai Is Expected To Do The Best For The Rest Of 2022. According to the latest report, Dubai's property market continued to persist and ranked 4th globally for luxury housing capital value development during the first half. With prices rising 4.7 % compared to an average of 2.4% across...

Real Estate Investment

Dubai Is Still A Top Destination For Real Estate Investment

Leading Buyers By Nationality Were From India, With The UK, Italy, Russia, And France Rounding Out The Top Five. According to Betterhomes, a renowned real estate consultant, Dubai has remained a top target for Property Investors. Due to its excellent capital growth, high returns, and government-led programs that encourage investment in the real estate sector. All property market segments in Dubai...

Dubai Buildings

Dubai Buildings proving beneficial for investors AS fractional ownership or shared

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...

Townhouse Communities Dubai

Top Five Townhouse Communities in Dubai

The popularity of townhouses among Dubai residents is rising. Expats love to buy townhouses in Dubai.  As time goes on and you continue to reside in the city, your circumstances change and your desire for Dubai to feel like home grows. After a few years in Dubai, many expats begin to seek and look for semi-detached or terraced homes because they are not accustomed to living in apartment towers and may...

10 Year Old Properties

10-Year-Old Properties to Be Demolished Over 400 Owners Face Uncertain Future

The Structural Flaws and Severe Corrosion Discovered By the Expert Group "Demand Direct and Immediate Assistance More than 400 owners of the two residential buildings at Queue Point, Liwan, Mayaza 3 and Mazaya 4. All of which are less than ten years old, have been informed that they do so at their own risk in their apartments. After an expert committee discovered that the buildings in Dubai have a...

Real Estate Market

Dubai Is a Transparent Real Estate Market in Mena, As Per JLL Index

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...

Plot Finance Dubai

Bank Launches Plot Finance With Increasing Demand For Land Ownership

Residents, As Well As Non-Residents, May Take Advantage of the Offer The first-ever sale for financing plots has been launched, as per the Abu Dhabi Islamic Bank (ADIB). Customers can use the scheme to buy a plot of land as an investment or to reach their homeownership desires. In response to "growing demand" in land purchases from both nationals and locals, a fresh offering has been made. Since...

New Housing Project Dubai

Launch Of New Housing Project In Dubai Festival City

The Al-Futtaim Project Will Have More Than 350 Units with 1, 2 And 3 Bedrooms The Al-Futtaim Group launched a new real estate project in Dubai’s Al Badia neighborhood of Festival City. Latest Residential Project Dubai has more than 350 units and encompasses high-rise buildings with midrises. As well for residents to blend into their surroundings seamlessly, promises to deliver an amazing lifestyle in...

Arabian Ranches Villas

Attractive Features of Arabian Ranches

Arabian ranches Dubai is a wise decision. It provides two to six-bedroom Arabic and Spanish-themed villas for sale in Arabian ranches Dubai and townhouse for sale in Arabian ranches Dubai with various amenities and facilities in a low-key setting where everyone knows each other. A continuous stream of people may be found running on the jogging track, reading a book in one of the green cafés, or simply...

One Za'abeel Project Dubai

Freehold Sales Have Begun At One Za’abeel One & Only, Dubai’s Guinness World Record Building

There Are 264 Flats and 94 'Individual Residences' In the Tallest Cantilevered Building Dubai: Freehold sales for the One Za'abeel One & Only adjacent Dubai World Trade Centre. Dubai's next mega premium apartment skyscraper, have begun. The project, which is part of an Ithra Dubai twin-tower complex. That has already broken the Guinness World Record for such the world's largest cantilevered...

Luxury Properties Peak Demand

Dubai’s Dh100 Million Luxury Properties Reach Peak Demand 

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...

Off Plan vs Ready Properties Dubai

Off-Plan Property Vs Ready Property – Which One Is the Best Match for You?

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...

Luxury Communities in Dubai

What Are The Top Five Luxury Communities In Dubai?

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...

Dubai Real Estate

Dubai Real Estate Will Continue To Be Driven By Villas In 2022

The Outlook For Both Groups Remains Optimistic, According To Analysts And Industry Experts. However, Villa Prices Are Projected To Surpass January 2014 Record Levels This Year. Experts predict that the villa segment will continue to lead Dubai Real Estate market. With a modest increase projected in the remaining three quarters of 2022. While the apartment category will outperform last year. The...

Dubai

Dubai Opens Its Doors to Wealthy Russians Seeking To Avoid Sanctions

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...

Dubai Dream Destination

How is Dubai Called a Dream Destination?

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...

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