Russian people have increased their investment in Dubai, one of the most international cities in the world, in recent years. The city, which has long been a favorite vacation place for affluent people and investors, has turned into a hotspot for Russian money as a result of the influx of people and corporations looking for profitable investment possibilities.… Read more
Dubai’s most affordable real estate neighbourhoods!
Tags: DubaiReal EstateUAE
The amended Golden Visa regulations have increased demand for home ownership in Dubai by lowering the minimum limit for foreign nationals investing in real estate in Dubai. In accordance with the amended Golden visa relaxation, the minimum investment amount has been reduced from AED 5 million to AED 2 million. Furthermore, the visa duration is increased from 5 to 10 years. This reduction in the minimal limit has created a possibility to invest in affordable units in the UAE. We will guide you through some of Dubai’s greatest and most cheap neighbourhoods.… Read more
In 2022, Dubai announces record-breaking real estate sales of half a trillion dirhams.
Tags: Dubai
In 2022, Dubai’s annual real estate transactions will surpass half a trillion dirhams for the first time. In 2022, the industry had transactions at a record Dh528 billion, a 76.5 percent increase over 2021.… Read more
High net worth investors are driving up Dubai home prices.
Tags: DubaiReal EstateUAE
According to a LUHABITAT Sotheby’s International Realty examination of Dubai Land Department statistics, ultra-high net-worth investors in desirable neighbourhoods have more than quadrupled average apartment prices. In the fourth quarter of 2022, Dubai’s premier residential market saw deals worth more over AED30 billion.… Read more
Dubai’s Stunning Real Estate Rebound Drives Record Rents and Sales!
Tags: DubaiReal EstateUAE
The Middle East’s financial capital of Dubai established a record for total house sales last year and drove rents to previously unheard-of heights as a result of a spectacular reversal in the real estate industry. According to real estate advisor CBRE Group Inc., the city recorded 90,881 real estate transactions in 2022, breaking the previous high of 81,182 transactions achieved in 2009. Residential leases, also known as Ejari contracts, rose by 11% in 2022 compared to the previous year, which was a result of an increase in the number of transactions in the resident city. In an interview, Taimur Khan, the director of CBRE Research, remarked, “It’s been a great year. “This is the biggest number of transactions on record, … Read more
Is the Dubai Water Canal going to be the next “billionaires’ row” in the city?
Are billionaire investors searching for pricey properties going to the Dubai Water Canal as their next stop? It would seem so given the purchase of two duplex penthouses by a private family office acting on behalf of a “European billionaire.” These apartments are a part of Mr.C Residences Jumeirah, where a single deal may fetch over Dh120 million (about a million). This shows how in-demand luxury investment properties will remain in Dubai until 2023. The deal was handled by Everose Properties, which was represented by Karl Shehfe and Gregory Mathieu. The buyer’s identity was kept a secret. The deal is still pending, but market opinion indicates that in the coming weeks, more than 100 million dirhams would be more interesting.… Read more
UAE’s real estate industry is thriving!
Tags: DubaiReal EstateUAE
Due to high demand, improved returns, and strong investor confidence, the UAE real estate market is seeing rapid growth. The first phase of the “Rukan Lofts1” project, which Reportage Properties, a significant UAE real estate developer, is building in the “Dubailand” region in collaboration with the “Continental Investments” company, has been completed.… Read more
Can Dubai’s increased interest in technology help the city’s real estate market?
For many years now, Dubai has served as the center of both global change and tourism, drawing several ex-pats there each year. It’s hardly surprising that its real estate business has experienced constant growth in terms of local and foreign capital. Despite the market’s decline at one time in COVID-19, it has since rebounded to show a record increase in asset fee and income transactions by the second quarter of 2022.… Read more
Countries in demand while investing in Real Estate
Tags: Real Estate
Make sure you understand the financial arrangements if you’ve made the decision to invest in the remote areas market in order to create a nest egg for the future. Be ready to traverse all of that because procedures used in other countries may differ from those used in your own country. In order to give you a fair comparison of costs vs. apartment yield, we looked at the cost per square meter and average rents for 2-bedroom condominium units in some of these countries.… Read more
Donald Trump Jr. to travel to India to grow his real estate company
Tags: Real Estate
The son of former US President Donald Trump, Donald Trump Junior, is the executive vice president of The Trump Organization and may visit India this month. Donald Trump Jr. is expected to announce his business expansion within the Indian real estate industry, according to a report. The Trump Organization, with headquarters in New York, partnered with Tribeca Developers, with headquarters in Mumbai, to enter the Indian real estate industry.… Read more
