In the bustling heart of Dubai's Business Bay, where skyscrapers scrape the sky and dreams are realized, lies a story of luxury living. Meet the man behind the curtains, paying Dh94,000 for his slice of paradise in this great destination. Join us as we delve into the intricacies of his Dubai rent journey, offering insights into the allure of Business Bay and the essence of upscale living. The Dubai...

Dubai's booming demand for office space is rapidly surpassing available supply, potentially leading to a shortage of Grade A office space by next year. Increasing Foreign Company Presence As more foreign companies establish regional headquarters in Dubai, landlords and free zones are upgrading older office spaces to meet the growing demand and capitalize on higher rents. Prathyusha Gurrapu, Director...

Dubai's property market has experienced a remarkable 15th consecutive quarter of price growth from January to March 2024, primarily fueled by increased demand in affordable and mid-market communities. Rising Prices in Key Areas Read this also : Unveiling Dubai’s $3 Billion Megaproject: Al Habtoor Tower, Set to Join World’s Tallest Residential Buildings Analysts highlight that Discovery...

Aldar Properties (Aldar) has introduced Athlon, a groundbreaking "active living" community in Dubai that focuses on holistic wellness and community engagement. This development blends top-notch amenities with an innovative activity schedule curated by wellness specialists, aiming to foster long-term well-being and a strong sense of community among residents. Read this also : Damac Properties Unveils...

Real estate investors are increasingly focusing on Dubai South properties and surrounding areas, spurred by plans to move airport operations to Al Maktoum International. A recent report from PropertyFinder highlights how neighborhoods such as Dubai South, Dubai Hills Estate, Palm Jumeirah, Arabian Ranches, and Al Furjan have become prime targets for those looking to purchase residential units. Read this...

The first quarter of 2024 marked a notable shift in investment dynamics within Dubai’s residential real estate sector, with Indian investors reclaiming the spotlight from British counterparts as the most sought-after nationality, as per industry insiders and recent research findings. In addition to Indians, growing interest from Americans and other major investor groups like the British and Russians...

A significant number of newly arrived residents in Dubai, particularly those in their 20s or early 30s, are increasingly opting for co-living spaces as their preferred choice of accommodation. Market sources indicate a growing trend towards co-living rentals, with lease rates showing signs of stabilization in response to this heightened demand. Read this also : Dubai International Airport Tops List as...

The sale of a villa worth AED 148 million in Emirates Hills has clinched a new record for real estate transactions in Dubai. This sprawling estate, boasting 19 bedrooms, fetched the fourth-highest price ever recorded for a home in Emirates Hills. Read this also : New Procedure for Dubai Landlords Seeking Rent Re-Evaluation Managed by Dubai Sotheby’s International Realty, this opulent villa now...

Dubai landlords now have a new process in place if they wish to seek a rent re-evaluation, as announced by the Real Estate Regulatory Authority (RERA). Instead of relying solely on the most recent Rental Index update, landlords have the option to request a higher rental amount, but with a significant change in the procedure. Read this also : More tenants are turning into...

In a significant milestone for the upscale development, The Burj Binghatti Jacob & Co. Residences, Dubai-based developer Binghatti has joined hands with globally acclaimed high jewelry and watchmaking brand Jacob & Co. Nearly 50% of the project has been sold within just nine months since its sales launch. Read this also : Dubai Population Surges: A Look into the First Quarter of...