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...

Dubai Investments, renowned for its development of logistics and industrial parks, has initiated the construction of a Dh300 million residential tower in Jumeirah Village Circle (JVC). This development coincides with the company's ongoing endeavors, including the establishment of an industrial park in Angola and a Dh1 billion resort project in Ras Al Khaimah. Read More : Casa Canal: A Luxurious Real...

In a remarkable feat, the Casa Canal project has achieved unprecedented success, with 80% of its units selling out within days of its launch. Spearheaded by AHS Properties, a distinguished luxury real estate developer based in Dubai, this iconic development promises opulence, sophistication, and an unparalleled lifestyle. Read More : The Abu Dhabi Real Estate Market Soars: A Record-Breaking...

In a remarkable surge, the Abu Dhabi real estate market achieved unprecedented heights last year. With transactions totaling AED 87.1 billion (equivalent to $23.7 billion), the sector demonstrated robust growth and resilience. Let’s delve into the key highlights of this remarkable journey. Read More : Elevating Dubai’s Commercial Real Estate Landscape: Trends and Insights 1. Tremendous Growth in...

Dubai, with its breathtaking skyline and reputation for luxury, has long been a magnet for property investors. The allure of sky-high yields and attractive tax benefits makes it a compelling destination for those seeking lucrative real estate opportunities. But is it truly worth buying property in Dubai now? Let's delve into the details to find out. Key Areas and Developments to Target: Dubai boasts a...

Dubai, known for its iconic skyline, luxurious lifestyle, and dynamic economy, has long been a magnet for real estate investors worldwide. But is the real estate market truly booming in Dubai? Let's delve into the current state of affairs. Click Here to Read More : Dubai Prime Property Sector Set for Robust Price Surge in 2024 1. Surging Demand: Dubai's real estate market is experiencing a surge in...