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...

The Dubai real estate landscape has witnessed a remarkable upswing, with a staggering 47% surge in property costs attributed to a substantial influx of Russian investors, according to recent research findings. For years, Dubai has been a magnet for affluent businesses and investors worldwide, drawn by the UAE's stable market and opulent lifestyle. However, the unprecedented wave of Russian investors in...