With a total investment of AED 250 million ($68.1 million), Dubai real estate developer Jad Global Real Estate Development has announced the groundbreaking of its latest project, "171 Garden Heights." The project is part of an AED1 billion ($272 million) planned investment in the area and is situated within the Meraas-led Jumeirah Garden City development. There are 171 wholly furnished residential...
UAE interest rates drop: More Dubai property buyers opt for mortgage over cashShift from Cash to Mortgage FinancingDue to declining interest rates both domestically and internationally, more and more Dubai property purchasers are choosing mortgages over cash payments. Betterhomes, a real estate firm, reports that, in contrast to the previous year, when cash purchasers dominated the market, there has been a...
Dubai has long been seen as an oasis of wealth, luxury, and opportunity. Offering world-class infrastructure and luxurious real estate offerings at unrivaled rates, making Dubai one of the prime locations for property investments, Dubai stands as a beacon of hope to those searching for living accommodations or investments that promise exceptional returns. It boasts one of the highest median salaries...
The Dubai real estate market has seen a record-breaking sale as a fully glorified, ready apartment on Jumeira Bay Island has been sold for AED17,000 ($4,600) per Sq.Ft. It symbolizes the highest ever attained for a ready apartment in Dubai. The apartment is on an elevated floor and delivers dual panoramic views of the iconic Bulgari Marina and Dubai skyline. Dubai real estate sales record Real...
The most significant lease contract in Dubai's history was just secured, marking a notable milestone for the ultra-luxury real estate sector in the city. Record-breaking lease details They are leasing the elite Jumeirah Bay Island villa for a year, costing Dh15.5 million. Toni Abou Jaoude, the sales and leasing manager for Betterhomes' local business, acted as a mediator for the deal on behalf of...
Dubai's real estate market has long been associated with luxury, innovation and futuristic developments. Renowned for its towering skyscrapers and lavish lifestyle, Dubai attracts investors and residents from around the globe; yet this real estate sector reveals much about economic health and growth of a region. Recently, Dubai real estate market has seen some ups and downs that has many wondering...
Dubai has quickly emerged as a global center for luxury real estate investments, drawing investors from around the globe. Thanks to its ever-evolving skyline and plenty of investment opportunities with high yields, investing in townhouses in Dubai is increasingly attractive as an approach for long-term financial security and growth. 2024-2025 should become prime years for smart investors seeking premium...
Out of all the major cities in the world, Dubai's property market is expected to develop at the fastest rate this year; nevertheless, the high level of new supply may cause a mild correction in the near run.According to UBS Global Real Estate Bubble Index 2024 released on Tuesday, Dubai's score has increased from 0.14 in 2023 to 0.64 this year. Meanwhile, the emirate's ranking in the index has risen from...
Real estate investing has quickly become one of the hottest topics on the global market and for good reason! From its luxurious skyline and vibrant economy to being an international hub of business and leisure activities, Dubai presents unparalleled opportunities for those seeking financial security. Apartments for sale near me or newly constructed houses present unparalleled investment potential within...
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...