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
Report: UAE records unprecedented growth in residential real estate
According to data provided by ZāZEN Properties, Dubai has set a 12-year high within the 0.33 sector in terms of the volume and price of the sale of off-the-plan and secondary properties. In the first half of this year, Dubai’s off-plan market had a 133% surge, and in the third quarter of 2022, 25,456 revenue transactions of AED69.72 billion were recorded. As the Qatar World Cup 2022 approaches, it is believed that the event will have a significant impact on the UAE’s residential real estate market. … Read more
The best areas in Dubai to rent a home
The waterfront district of Dubai Marina, which attracts a lot of singles and young couples, is renowned for offering a chic and vivacious atmosphere. A wide range of restaurants and vibrant nightlife are also available on the network.… Read more
Real Estate Market in Dubai
Tags: Dubai Realty
The real estate market has gotten off to a great start. In the first few months of the year, the city had the highest number of transactions it has ever seen. According to a survey, the total value of residential transactions inside the city reached $35 billion last year, the most since the financial crisis. Insider spoke with three real-estate brokers in the Middle East to get an insider’s perspective on the market.… Read more
The locality overview of Al Reem Island and Al Raha Beach, Dubai
Tags: Dubai Realty
Abu Dhabi is rapidly becoming a regional hub for business and real estate development. … Read more
Everything to know about living in the Masdar City
Tags: Dubai Realty
Masdar City is an Abu Dhabi mixed-use development created by Masdar, a subsidiary of Mubadala Development Company. … Read more
Best places to live in Dubai!
Tags: Dubai Realty
Dubai is located on the Persian Gulf coast in the eastern section of the Arabian Peninsula. … Read more
Why investing in Dubai waterfront properties is beneficial?
Tags: Dubai Realty
Waterfront properties will always be one of the most desirable and lavish pieces in the Dubai real estate market. … Read more
Upcoming mega projects in UAE
Tags: Dubai Realty
The United Arab Emirates is no stranger to architectural marvels. From Burj Khalifa in Dubai to Louvre in Abu Dhabi, it has it all. While time stood still for most parts of the world during the pandemic, UAE’s architecture continued to evolve. Many mega projects are shaping different cities, leading them towards the future.… Read more
