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
Dubai’s prime real estate prices are set to see the strongest growth in 2023
According to the 2023 Prime Prediction study from global real estate consulting firm Knight Frank, Dubai’s high residential housing costs are expected to have their fastest growth in 2023. According to the report, costs are expected to increase by 13.5% percent the next year as foreign buyers and high-net-worth individuals continue to show a keen interest in purchasing houses in Dubai’s Palm Jumeirah, Emirates Hills, and Jumeirah Bay Island.… Read more
Dubai: A new rental index that takes building quality and amenities into account
Tags: DubaiRental GuideUAE
Dubai‘s new condo index may be based entirely on residences rather than projects inside communities and neighborhoods. According to industry assets, the brand-new building index will be based entirely on the super mega-celebrity scores of each building, its quality, and the amenities it provides to the residents.… 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
Rich Indians are purchasing homes in Dubai, London, and New York at lower costs
The covid-19 epidemic may have also delayed international travel plans, but it hasn’t stopped Indian HNIs from looking for other countries to establish permanent residence there, either as long-term residents or citizens. Rich Indians once again topped the list of those looking into “citizenship-through-investment” or “residence-through-investment” programs in 2020. According to a facilitating agency, the variety of inquiries increased from the 2019 degrees. This is now likely to speed up as many HNIs recall relocating their bases to areas with better healthcare facilities, especially in light of the responses of many affluent towns during the pandemic.… Read more
All About Buying Property in Dubai
From a financial standpoint, Dubai is a high-end real estate market where all kinds of homes, including houses and Luxury homes, are available for sale in Dubai via cryptocurrency. Many people were looking to invest inside the city when the Dubai government changed the laws and permitted foreigners to buy homes and apartments in Dubai. Purchasing a home in Dubai for foreigners comes with several benefits due to the significant potential for financial return.… Read more
Real estate in Dubai: Europeans now outnumber Russians as the top buyers
Tags: DubaiReal Estate
The real estate boom in Dubai has drawn foreign buyers looking for second homes or investments. We all agree that Russian buyers have historically been more active in the UAE and have a tendency to choose waterfront properties, according to Sean McCauley of the Denmark Group, who spoke with Arabian Business.… Read more
UAE Golden Visa reforms will spur growth in the vacation home and real estate markets in Dubai
Tags: DubaiReal EstateUAE
Golden Visa, a 10-year residence program, has sparked significant interest among foreign purchasers to purchase property in Dubai, which has become one of the most well-known financial centers on the planet. According to Zoom Property Insights, Dubai is expected to attract a significant chunk of the global citizenship-through-funding sector, which is expected to grow five times to reach $100 billion by 2025. The emirate has implemented visa changes at the right moment, and golden and silver visas might attract significant financing inside the private sector.… Read more
Russians are Dubai’s leading property buyers, followed by Indians in third place
Tags: DubaiReal EstateUAE
Russian buyers are now the top purchasers of real estate in Dubai, surpassing those from India, the United Kingdom, and Italy. According to brokerage Betterhomes’ third-zone 2022 study, Russian buyers came in first, followed by those from the UK, India, Germany, France, the US, Pakistan, Lebanon, Canada, and Romania.… Read more
