Why it’s the right time to buy luxury property in Dubai ? Dubai’s residential property market is continuing its remarkable turnaround since the UAE caught the world’s attention through its excellent management of the Covid-19 pandemic, with the luxury segment registering its highest proportion of transactions last year. In Dubai’s Covid Comeback - 2022 report, Knight Frank says prime property...
Giant ring surrounds Burj Khalifa 550 meters above ground Downtown Circle would be a megastructure encompassing Downtown Dubai The planned project is known as Downtown Circle and is a 550-metre-tall ring, which will encircle Burj Khalifa. Designers hope it will shake up traditional ideas of gated communities and skyscraper homes. It is also intended to be sustainable and...
Dubai Ruler marks Eid with package worth $1.7B for Emiratis Sheikh Mohammed bin Rashid also approved the development of a new housing complex in the Al Khawaneej area 2, which will include 1,100 residential villas In his capacity as the Ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE, has approved a new housing package worth $1.7 billion (AED 6.3...
SLS Dubai Hotel and Residences is one offering fractional rights to units in the building. Dubai: The first title deeds are being issued in Dubai under ‘fractional’ property ownership, which could dramatically add to the investor base in the local real estate market. In its simplest form, fractional ownership allows multiple investors to acquire an apartment, villa or other property types, and with...
Dubai’s Omniyat to announce three new luxury developments, reveals regional expansion plans Covid-19 gave Dubai’s luxury property sector a boost as wealthy individuals flocked to the Gulf city that managed the pandemic well, according to Omniyat’s executive chairman and founder Mahdi Amjad Banking on continued demand for ultra-luxury properties, Dubai-based Omniyat Group is planning to launch...
Dubai Real Estate Retains its Charm Leading nations keep investing in Dubai real estate as Expo boosts sentiments. Troupe of foreign investors was led by the subcontinent as Indians and Pakistanis, who make up for 20 to 30 per cent of total investors in the Dubai real estate sector, continued to pour money in growing market of the region Global investors flock to invest in Dubai real estate market...
Best Hotels Launched in Dubai for Expo 2020 If you’re not living in Dubai, you must be searching for a perfect hotel to stay at while attending the event. There are many new hotel openings in 2020 and 2021 so you have a lot of options! To make it easy for you, here are the hotels that are launching for Expo 2020: 1. Rove Expo 2020 The surprises at the Expo are still on; finally now you can...
Villas set to lead Dubai real estate growth as Expo opens; Dubai villa segment has a bright outlook and is expected to record up to 50 per cent growth during the fourth quarter as investors and end-users look for best options in areas near to Expo 2020 site, says a latest report. Villa segment is expected to drive strong growth in Dubai real estate sector during the fourth quarter as consumer and...
Buoyancy Returns to Dubai Realty | Transactions during March were at a 10-year high as strong market growth continued, Property Monitor monthly market report said. The Dubai property market continued to strengthen in Q1 2021 to record the first yearly price increases since 2015 while displaying new and promising markers for growth each month. In March, with a rise of 1.3 per cent to Dh873 per sqft,...
Buying off-plan in Dubai is one of the best investment decisions you could make for the future. There are many advantages to it, including amazing payment plans spread over many years and lower prices. There are many off-plan projects in Dubai, and so it can become hard to choose the right project that caters to your exact needs. That’s why Property Finder gathered some of the best ones in Dubai that...
Dubai has been registering an uptick in property sales transactions in the last six months. Secondary, ready villas, and townhouses are in high demand as per Dubai Land Department. But it is not just the ‘glut’ in the market that is driving this upswing. The prices, too, are reporting an upward trend for the last six months. The rising interest in the mid-to-high housing market reflects a...
Company wants to get into thick of buying activity involving $5m plus homes Dubai: One of the biggest names in the global real estate space wants to sell homes of $5 million and more in the UAE. Berkshire Hathaway Home Services' Gulf venture has launched its luxury collection division, even as the top end of the local market sees more buying activity in recent weeks. “There is...
