Global investors are still drawn to Dubai real estate, as evidenced by the 40% increase in sales value in August alone. The percentage of transactions reached 36.9%, or $12.9 billion.A top official stated that astute investors with a long-term perspective now find refuge in Dubai's real estate market. Kashif Ansari —-CEO and cofounder of Juwai IQI, cited the latest report from UBS, which clearly...
Dubai’s ready-to-move property market remains powerful. Demand for completed properties shows no sign of slowing, and now is an opportune time to explore this dynamic segment of real estate investment and purchase. From investors seeking stable returns, to families searching for their dream home Dubai real estate provides opportunities that suit any need and budget. Dubai has achieved global property...
A private developer based in the United Arab Emirates, Azizi Developments, has revealed designs for Burj Azizi, a 725-meter skyscraper that is expected to become the second-tallest building in the world.By 2028, the Sheikh Zayed Road project in Dubai will be finished.The more than 131-story building will be up for sale in February 2025. In addition to various amenities like wellness centers, swimming...
Dubai's real estate market in 2024 looks set to experience steady expansion, providing investors and buyers alike with numerous investment opportunities. Amid new government policies and infrastructure projects aimed at supporting Dubai as an evolving global business hub, 2024 brings many chances to invest in both ready properties as well as off-plan developments with smart strategies in mind. Real...
Real estate investing can be one of the most successful methods of growing wealth, especially in bustling markets like Dubai. But before making a commitment, it's crucial that you ask all of the pertinent questions - the ideal property can bring long-term returns while giving you somewhere to live or rent out; while an unwise purchase could cause financial setbacks and missed opportunities. In this guide...
The UAE property market will see a touch of upscale London design thanks to Dubai's new real estate development. LEOS Developments has announced the official unveiling of its latest project, Knightsbridge, which has a gross development value of AED1.75bn ($476m) and is located in the heart of Meydan in District 11.Dubai's first climate-adaptive wellness community will officially open with this project,...
Project OverviewDubai-based property developer Binghatti has announced the opening of Binghatti Royale, a new residential complex in Jumeirah Village Circle (JVC) that will cost $600 million (AED 2.2 billion).Increased investor demand for Binghatti developments in the area—some even selling out in less than a day—fueled the debut.Development DetailsThree hundred fifty-four residential units, comprising...
SOL Properties has started constructing Fairmont Residences Solara Tower Dubai, elevating the regional real estate landscape.Fairmont Residences Solara Tower Dubai will offer residents access to integrated services and luxurious amenities, including a private swimming pool, fitness center, and spa, delivering a hotel-like experience in the comfort of their homes and positioning the tower as a significant...
The Dubai law allows one person to have 5.0 square meters of space in villas and apartments in the emirate. Overcrowding and breaking local rules are regarded to occur when more than one occupancy occupies the 5.0 sqm of available area."The minimum space for occupancy, dealt with by Dubai Municipality building code, states that for residential accommodation or shared sleeping spaces purposes, the allocated...
Explore Dubai’s booming luxury real estate market with our in-depth guide, offering expert insights into why Dubai is the global leader in luxury properties. Discover trends, hot spots, and why investing in Dubai's real estate is a smart move in 2024.