2024 is a year of great change in the global real estate market. Against a backdrop of seesawing interest rates, sustained housing shortages, and a divergence in the dynamics of different regional markets, buyers, sellers, and investors will want to know what’s going on. The UBS Global Real Estate Bubble Index 2024 provides an in-depth […]
The real estate market in Dubai has always been considered one of the most dynamic and attractive in the world to investors. The Dubai government has also taken steps to make investment in this sector easier by introducing innovative initiatives. Very recently, the Dubai Land Department approved an innovative plan that could change property ownership […]
In 2023, the real estate market became quite dynamic, full of challenges that have been influenced by increased interest rates, inflation, and other factors affecting global economic restructuring. This paper discusses the main trends and findings of the UBS Global Real Estate Bubble Index 2023 and the insight it provided into which cities remain lucrative […]
Dubai has always been recognized as the pioneer for ambitious projects, presenting a taste of luxurious living. Continuing this spree, Nakhil, the development arm of “Dubai Holding Real Estate,” in association with six international and local architecture firms, launches an exclusive array of villas known as “Beach Collection” at the Palm Jebel Ali project. Presenting […]
The Dubai real estate market finished strong in 2024, further cementing its status as one of the favorite destinations for smart investments in the property sector. According to a report from Springfield Properties, the Dubai Real Estate Market Report Q4 2024 posted an exceptionally outstanding growth of 51.8% in the volume of transactions, equating to […]
Dubai’s real estate market is witnessing a surge in off plan offerings, with island projects taking the lead. “Damac Islands,” currently under construction in Dubailand, is located only 15–20 minutes away from areas such as Sports City and Dubai Investments Park. Damac has priced the starting rates for four bedroom townhouses of 2,208 sq. ft. […]
Festivals enthusiasts, just like shopping or nightclub fans, most often find the place to be, no matter how far, as these types of activities require its own brand of passion and lifestyle. Perhaps Dubai is aware of that sizable demand as it is home to some of the most thrilling, world-class festivals, each offering unforgettable […]
The most indulgent thing to do on any trip is to visit and shop in traditional markets or modern glamorous malls. And Dubai’s malls are almost impossible to ignore, if it was not for the ultra luxurious brands and shops that will make your pocket weep. All costs considered, traveling to Dubai isn’t that expensive […]
According to the latest survey conducted by a real estate information company, Dubai property transactions will grow 30% annually by the end of 2024. This is after the real estate industry continued to break records in project launches, sales priced mortgage deals. Investor Confidence in Dubai’s Real Estate Market Henry Bacha, chief executive of Property […]
The Dubai Land Department (DLD) has launched three new services within the framework of the integrated platform of Dubai’s government “Dubai Now,” in an attempt to make processes related to real estate easier and faster. This is a remarkable step for urban service digitization in line with Dubai’s vision to deliver high-quality services and as […]
Is the very notion of shopping irresistible to you? Then Dubai and all its glory is about to be your playground! Picture yourself walking in and out of the most glamorous boutiques, where all your desires are right there, behind the windows, calling your name. Dubai is home to an impressive lineup of shopping malls, […]
The region of Palm Jebel Ali has witnessed phenomenal growth this year. All due to the strenuous efforts of Nakheel, an innovative arm of Dubai Holding’s real estate sector, this gigantic project is moving ahead at a fascinating pace. According to the scheduled timeline, Palm Jebel Ali will be developed considerably around 2025. Successful Sale […]
Dubai has approved a historic government budget for the 2025-2027 period, marking the biggest financial allocation in its history. This budget reflects Dubai’s long-term commitment to sustainable growth and improved public service, with revenue projections of AED 302 billion and expenditure projections of AED 272 billion. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and […]
Dubai is appreciated for its beautiful skyscrapers, fancy shopping, and pulsating nightlife. Arguably, this ever so surprising town may not be a destination one instinctively considers while thinking about a classic Christmas. But at the same time, Dubai has some strange yet exciting tricks up on its sleeves as people have found many jolly ways […]
According to a recent Khaleej Times report, immigration experts and rejected Golden Visa applicants in the UAE are highlighting new financial prerequisites. The Golden Visa, a long-term residency permit, now mandates a minimum monthly base salary of 30,000 AED. This figure excludes additional benefits like housing and transportation, which were previously part of the eligibility […]
In September 2024, the Dubai property market registered its greatest month so far, 18,038 property transactions-surpassing 17,139 transactions from May this year. This surge shows strong growth, with greater confidence from the investors in Dubai’s property sector. Record-Breaking Transactions and Consistent Market Growth Residential properties made up over 95% of transactions in September, totaling 17,151 […]
While Dubai shines as a gem in the heart of the United Arab Emirates, famous for its one of a kind skyscrapers and luxurious lifestyles, it also expands and boosts its tourism with must-visit annual events. These events, getting bigger and better every year tend to draw the attention of millions of visitors from across […]
The newest news in Dubai from DAMAC Properties is that the fifth much-awaited major community, Sun City, is launched in Dubailand. The announcement is in sync with UAE’s aspirations to promote national progress and improve its citizens’ well-being. Dubailand will offer a blend of modern luxurious lifestyle, nature, and wellness-centered living, conducive to the physical, […]
The Museum of the Future in Dubai stands out as one of the most captivating tourist attractions in the city, designed to draw numerous travelers while showcasing Dubai’s rich culture and scientific advancements. Its architectural beauty has earned it recognition as one of the world’s most stunning buildings. If you plan to visit Dubai or […]
The UAE capital Abu Dhabi prepares to welcome “The Sphere” to the entertainment framework of this region. It was recently announced by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) that a version of the world-renowned Sphere from Las Vegas will be brought to the Middle East. A Unique Place for […]
Dubai, as one of the most beautiful and well regarded cities in the United Emirates, is blessed with all kinds of awe-inspiring tourist attractions. This is why millions of travelers visit this city every year. As you know, this city is most delightfully decorated with magnificent and culturally significant mosques alongside its ever so dazzling […]
In a big move for the UAE’s growing real estate market, Aldar properties—a leading real estate company from Abu Dhabi—and Expo City Dubai have announced a joint project. They’re planning a mixed-use development worth 1.75 billion dirhams, located near Al Maktoum International Airport and the Dubai Exhibition Centre. This development is part of Dubai’s larger […]
These days, it’s rare to find someone unfamiliar with the luxury and grandeur that Dubai embodies, especially when the topic of travel arises. The first image that typically comes to mind is that of towering skyscrapers juxtaposed against a backdrop of traditional and modern elements. This unique blend has made Dubai a city that fascinates […]
The Palazzo Versace Hotel, one of Dubai’s most iconic luxury spots, is back on the market, and this time, the price tag has been slashed significantly. Originally listed for over AED 1 billion, the seller has now dropped it to AED 700 million, but it’s still struggling to find a buyer. Hoping for a Business […]
The glamorous Dubai that you see today is very different from what it used to be decades ago. The city has a very interesting cultural history and stories behind the transformation it took from being a mere desert to a busy metropolis with some of the tallest skyscrapers around the world. While Dubai’s present is […]
In the third quarter of 2024, luxury real estate listings in Dubai saw a decline as supply continued to lag behind demand. A significant decrease in the supply of luxury properties along with an increase in buyer demand, especially in popular areas such as Palm Jumeirah, has caused prices to rise sharply. This report examines […]
In the list of notable names and locations when it comes to tourism on a global scale, you’ll find Dubai, earning every bit of its reputation and popularity fair and square. Millions of tourists come to this town every year and all for a good reason, many of them even return again and again. What […]
As more businesses in the UAE return to in-person meetings and foreign companies increasingly seek to establish operations in the region, the demand for luxury office spaces across the UAE has surged. Record-Breaking Deal in Dubai In response to the evolving needs of businesses, Bayti Real Estate, a luxury real estate specialist known for providing […]
One of the most memorable activities you can indulge in while visiting the UAE is exploring Al Seef Street in Dubai. This unique street offers a stunning blend of tradition and modernity, showcasing the rich cultural heritage of Dubai alongside its vibrant contemporary scene. With a plethora of diverse attractions, Al Seef Street draws countless […]