Market Trends

His Highness Sheikh Mohammad Bin Rashid Al Maktoum

Investors, innovators, artists to get UAE citizenship: HH Sheikh Mohammed

Investors, innovators, artists to get UAE citizenship: HH Sheikh Mohammed The UAE has adopted citizenship law amendments' The UAE has adopted law amendments that allow granting Emirati citizenship to investors, specialized talents and professionals. The professionals include scientists, doctors, engineers, artists, authors and their families. His Highness Sheikh Mohammed bin Rashid Al Maktoum,...

Time to buy? Dubai property sales on an upswing, despite Covid-19 woes

Time to buy? Dubai property sales on an upswing, despite Covid-19 woes 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...

Warren Buffett’s property arm launches its luxury homes division in UAE

Warren Buffett's property arm launches its luxury homes division in UAE 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...

Is the UAE’s real estate market set to benefit from the return of Qatari investors?

Industry experts also say the UAE's retail and tourism sectors are likely to see boost from Gulf-Qatar agreement The real estate sector in the UAE could be one of the major winners from the deal to welcome Qatar back into the GCC family, according to industry experts. The UAE joined Saudi Arabia, Bahrain and Egypt on Tuesday in signing an accord with Qatar during a summit of Gulf Cooperation...

Your Guide to the Best Villa Communities in Dubai

Your Guide to the Best Villa Communities in Dubai A beautiful city like Dubai has so much to offer its residents. Whatever lifestyle you prefer and the budget you have, you will always find the home you are looking for. The variety of properties and communities gives everyone the luxury of choosing between different options according to their needs. It can be a good idea to upgrade your house to a...

Here are three communities in the off-plan sector in Dubai, Sharjah and Abu Dhabi that hold promise

Here are three communities in the off-plan sector in Dubai, Sharjah and Abu Dhabi that hold promise Madinat Jumeirah Living in Dubai: Located opposite the iconic Burj Al Arab, Dubai Holding’s exclusive flagship residential development, Madinat Jumeirah Living offers a luxury lifestyle in the heart of the city. This gated residential cluster, once ready, will include a convenient community centre,...

Dubai Real Estate: Off-plan property attractive in prime locations

Dubai Real Estate: Off-plan property attractive in prime locations While the pandemic has forced developers in the UAE to rethink project launches, slowing down the off-plan market considerably, real estate experts say there is a sustained demand for off-plan projects in prime locations. According to Property Finder reports, in November 3,928 transactions worth Dh7.65 billion took place in the Dubai...

How Dubai is becoming more transparent to attract Real Estate Investors

How Dubai is becoming more transparent to attract Real Estate Investors Dubai climbs the Global Real Estate Transparency Index after launching official residential index Dubai and Abu Dhabi are the most transparent real estate markets in the MENA region, according to the latest Global Real Estate Transparency Index from JLL. The index is considered a useful indicator of a city’s overall ‘real...

Demand for property in Dubai picking up - SafranCorp

Demand for property in Dubai picking up

Demand for property in Dubai picking up Property prices in Dubai are reasonably priced and demand is picking up. Real estate business is a cyclical business. We have an oversupply, Dubai is reasonably priced. Our prime time price was a little lower than Chicago prices. We are also going through what the world is experiencing. Good demand continues from India, Saudi Arabia, Russia and...

Sheikh Mohammed issues new Dubai law on unfinished and cancelled real estate projects

Sheikh Mohammed issues new Dubai law on unfinished and cancelled real estate projects

Sheikh Mohammed issues new Dubai law on unfinished and cancelled real estate projects His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued Decree No. (33) of 2020 on the special committee for unfinished and cancelled real estate projects in Dubai, formed pursuant to Decree No. (21) of 2013 Pursuant to Decree No. (33) of 2020,...

Dubai villa prices are back on the rise after years of decline

Dubai villa prices are back on the rise after years of decline Arabian Ranches, The Lakes, Palm Jumeirah, and Jumeirah Islands were among the communities that registered small increases in prices last month. The overall Dubai property market displayed monthly stability, with an average fall in values of just 0.2% compared to October, the lowest rate of decline in three years. It added that,...

Demand for ready to move in Apartments/Villas/Townhouses

Demand for ready to move in Apartments/Villas/Townhouses Dubai real estate market recorded 3,395 sales transactions in the month of October this year, worth AED 6.93 billion This remained a record-breaking month for secondary/ready villas/townhouses with 665 unit transfers 1013 villas/townhouses and a total of 2,031 apartments were transferred in October Dubai, UAE, 29 November 2020 - Dubai...

Top Affordable Real Estate Developers in the UAE

Mid-market residential development in Dubai has seen a substantive inventory rise in the recent few years. Areas, particularly Al Furjan, Dubailand, Dubai Production City, Dubai South, Jumeirah Village Circle are mainly focused towards serving the needs of the homebuyers, who seek reasonably priced units. Property Weekly lists the top four developers in Dubai who have made an extensive contribution in...

Dubai Land Department News

Dubai, UAE, 26 October 2020: The real estate bulletin issued by Dubai Land Department (DLD) under the name ‘Real Estate Updates’ revealed that Dubai’s real estate market has maintained its appeal among local and international investors, despite the unexpected effects imposed by COVID-19. Of the most prominent data cited in the bulletin to consolidate this fact was the entry of 10,728 new...

Dubai Real Estate Market News

Dubai Property Sale Transactions Volume in Q3 2020 grew 57.1% and Total Value grew 70.4% The Dubai Real Estate market recorded 3,849 sales transactions in September 2020 worth AED 8.943 billion September 2020, real estate sales transactions grew by 55.3% compared to August and averaged 872 properties sold in Dubai every seven days. In September 2020, the Dubai overall Index reached 1.095, the...

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