According to a recent Betterhomes poll, individuals' preferences are changing, and the real estate market in Dubai is proliferating.The Future Living: Dubai 2024 Edition report surveyed 1,612 respondents and showed that 72% expect property prices to rise over the next 12 months."Dubai for so many of us is now somewhere we call home. A city we have put down roots, opened businesses, grown families and...
Impact of Federal Reserve Rate CutAccording to experts, the US Federal Reserve's decision to cut interest rates by 0.5% will positively impact the UAE property market. Local banks are expected to lower mortgage rates in the coming days and weeks.The Fed's first rate cut since 2020 may result in substantial savings and more affordability for potential UAE homebuyers as mortgage rates decline. Lenders may...
Real estate investment opportunities in the UAE, particularly luxury apartments, offer ample returns. Cities like Dubai and Abu Dhabi have established themselves as global hubs of high-end real estate properties attracting international and local investors alike. Furthermore, with real estate market displaying steady growth within its luxury segment it becomes obvious that investing in such apartments in...
Dubai has long been associated with innovation and progress, pushing back at every edge. Behind its beautiful skyline and ever-evolving infrastructure lies an organization playing an indispensable part of this progression--the Dubai Development Authority (DDA). Established to improve urban development processes while strengthening economic competitiveness, DDA serves as the backbone of Dubai's...
85% of all established freehold villa communities in Dubai have more than doubled in value compared to four years ago, a new report shows.According to the most delinquent data from ValuStrat, a real estate consultancy, prices have overtaken the previous heights of the last decade, with Palm Jumeirah villas closely creasing in value since 2014.Dubai’s real estate market resumes to shatter records, with...
Dubai is famed for its luxury shopping, modern architecture and vibrant nightlife scene. This beautiful city offers so much from breathtaking architecture to unique attractions so come discover Dubai for yourself today. But if you're moving here soon, this could leave you questioning the costs associated with living comfortably here. In this article we will highlight common living expenses to help plan...
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...
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...
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.
DAMAC Properties, a prominent UAE real estate developer, has announced its entry into Ras Al Khaimah with the launch of Shoreline by DAMAC. The project on Al Marjan Island marks the company's inaugural development in the emirate.Located on Island 4, Shoreline by DAMAC will provide duplexes and apartments with immediate beach access that sleep one, two, or three bedrooms.Following their prior work on the...