There have been three cycles of expansion in Dubai's real estate industry thus far. However, it saw two boom-bust cycles: the first occurred after the global financial crisis of 2008, when the market experienced its initial meltdown, and the second occurred during the Covid-19 pandemic. Industry participants believe that after the three and a half year surge, the market will continue to grow steadily...

The strong economic growth of the emirate has benefited Dubai's real estate industry since the early 2000s. To meet the rapid growth in both population and tourist, major developments such as the Palm Islands, Dubai Marina, and Downtown Dubai developed a large amount of new housing and infrastructure. Global investment poured into Dubai, particularly in the wake of the 2008–2009 financial crisis, when...

Overview Dubai is a glittering oasis in the middle of the desert that has long been associated with wealth, style, and innovation. The city's real estate market is no different, drawing in investors from all over the world on a regular basis. Dubai's real estate market is still changing as 2024 approaches, mirroring changes in consumer preferences, technology breakthroughs, and general economic trends....

DMCC, a flagship free zone and Government of Dubai Authority on commodities trade and enterprise, is expanding its real estate portfolio with the commencement of the second phase of Uptown Dubai. The groundbreaking ceremony, led by Swissboring Overseas Piling Corporation for foundation and enabling work, marks a significant milestone in the development. Read this also : Yas Holding’s Taraf Launches...

In a recent update from Dubai's Land Department (DLD), the real estate sector showcased robust activity on January 16, witnessing a total of 525 sales transactions valued at AED 1.54 billion. The day also saw 127 mortgage deals amounting to AED 226.51 million and 19 gift deals totaling AED 89.9 million. Reas this also : Surge in Demand: Dubai’s $10 Million Plus Homes Market...

As 2023 draws to a close, Dubai's real estate market is poised for a triumphant finale, with property sales expected to soar beyond AED 400 billion ($108.9 billion), according to a recent analysis. W Capital, a Dubai-based real estate brokerage firm, reports that the cumulative value of property sales since January 2023 has already surpassed AED 393 billion and is projected to climb even higher in the...

Embark on a journey of opulence as Armani unveils its latest off-plan residential project on the iconic Palm Jumeirah, marking the culmination of Dubai's real estate sales for 2023. Developed by Arada, based in Sharjah, and bearing the prestigious Armani brand, this much-anticipated project, named "Armani Residences by Arada," has captured the attention of luxury property enthusiasts. Situated on the...

The Dubai off-plan real estate market is experiencing a significant surge in demand, making it an attractive prospect for both investors and end-users, according to property industry experts. This flourishing off-plan market indicates a favorable environment for real estate investment within the emirate. In recent times, there has been a noteworthy increase in foreign and local property buyers, with...

Imagine waking up to the soothing sounds of nature, with pristine waters glistening in the morning sun. What if we told you that this dream could be your reality in the heart of Dubai? Thanks to Meydan, a global leader in real estate development, your dream is closer than you think. They've just unveiled their latest masterpiece, Naya at District One, a residential project that's more like a luxurious...

Are you ready to embark on a journey towards owning your dream property in Dubai's vibrant real estate market? At NBS Real Estate, we understand that purchasing property is a significant milestone, and finding the right financing solutions is crucial for making your dreams a reality. Our comprehensive property mortgage and loan services are designed to guide you every step of the way, ensuring a seamless...