Dubai Property

Seasoned industry professionals start a new real estate company

Seasoned industry professionals start a new real estate company

Constructed in the United Arab Emirates by seasoned professionals from the real estate and trade sectors, Svarn Developments is poised to contribute over 50 years of experience to the rapidly evolving real estate landscape of the UAE. Svarn joins the market with a pledge to invest more than half a billion dirhams in important, up-and-coming areas such as Majan, Dubai Maritime City, and Dubai South....

Impact of Economic Policies on Dubai Real Estate

The Complete Guide to Cryptocurrency Investment in Dubai’s Real Estate Market

Dubai, a world financial center, with ultra-modern architecture, and opulent lifestyle, is quickly emerging as a bitcoin hotspot for real estate investments. An increasing number of investors are attempting to diversify their portfolios by buying homes with digital assets as cryptocurrencies like Bitcoin and Ethereum become more widely accepted. This is your comprehensive guide on using cryptocurrency to...

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Developers in Dubai Are Penalized for Breaking Real Estate Laws

Three real estate developers in Dubai were recently fined Dh500,000 apiece for marketing and promoting properties without following the required registration processes for off-plan buildings. This was the result of an enforcement action. The severity of this fine emphasizes how crucial it is to abide by Dubai's strict real estate regulations, which are intended to safeguard investors and preserve the...

The best rental yields are seen in these neighborhoods in Dubai.

The best rental yields are seen in these neighborhoods in Dubai.

The strongest rental returns for inexpensive property buyers, at up to 11%, are found in apartments in Dubai Investments Park, Discovery Gardens, and Liwan, according to Bayut's most recent report. Based on expected apartment rental yields, Dubai Sports City, Dubai Silicon Oasis, and Motor City have become very attractive possibilities with returns as high as 10%. Read this also: UAE Property: “My...

2 Bedroom apartment for sale in Burj khalifa | Full Fountain view

UAE Property: Can a Landlord Raise the Rent by Any Amount?

Question: My landlord recently passed away, and now a rental company manages his properties. They sent me a notice stating that my next rent will be Dh65,000 per year, marking an increase of 46%. Is the rental company legally allowed to impose this increase? Please advise. — NA, Dubai. Read this also : Dubai Leads the Middle East with 72,500 Millionaires Answer: Before I address your question, I...

Binghatti Unveils Major Megaproject in Dubai Hills

Binghatti Unveils Major Megaproject in Dubai Hills

Binghatti, a prominent Emirati developer based in Dubai, is launching an expansive real estate project in the Dubai Hills district. The development, known as Binghatti Hills, is set to become the largest project in Dubai Hills, featuring 1,666 residential units and 21 retail spaces across a vast land area. Read this also : Dubai Developers Offer Free Repairs for Homes Damaged by Rain The unveiling...

The Rise of Luxury Living: Exploring Trending Real Estate Hotspots in Dubai

The Rise of Luxury Living: Exploring Trending Real Estate Hotspots in Dubai

Dubai, known for its opulent skyline and extravagant lifestyle, continues to be a magnet for luxury real estate enthusiasts. In recent years, the emirate has witnessed a surge in upscale developments, sparking interest in the global real estate market. This article delves into the phenomenon of the rise of luxury living in Dubai, shedding light on the trending real estate hotspots that have become focal...

Azizi Developments' Pearl Project in Al Furjan: Completion Update for Q1 2024

Azizi Developments’ Pearl Project in Al Furjan: Completion Update for Q1 2024

In a recent announcement, Azizi Developments, a prominent UAE-based real estate developer, shared a progress update on their prime project, Pearl, located in the thriving Al Furjan growth corridor in Dubai. The development has reached an impressive 80% completion and is on track to be finished by the end of Q1 2024. According to Azizi, key milestones have been achieved in the construction process. The...

Unveiling Damac Maison Aykon City: A Luxurious Oasis in the Heart of Dubai

Unveiling Damac Maison Aykon City: A Luxurious Oasis in the Heart of Dubai

Prominent Dubai developer, Damac Properties, proudly presents Damac Maison Aykon City, a sophisticated real estate and hospitality project located along Sheikh Zayed Road, a stone's throw away from Safa Park, high-end dining venues, upscale retail outlets, entertainment hubs, and vibrant nightlife spots. Damac Maison Aykon City is not merely a new addition to Dubai's skyline; it is a visionary...

Record-Breaking Sale: Palm Jumeirah Plot Fetches Dh940 Million in Landmark Deal

Record-Breaking Sale: Palm Jumeirah Plot Fetches Dh940 Million in Landmark Deal

Dubai's real estate landscape witnesses history as a staggering Dh940 million deal seals the fate of a 261,712 square-foot plot in the prestigious Palm Jumeirah, part of the Royal Amwaj project. Luxury Unveiled As per Dubai Land Department data, the plot's remarkable Dh3,591 per square foot sets a new standard in opulent living. The ripple effect of this transaction is palpable, igniting a surge in real...

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