Dubai Property

In H1 2023, The Emirate Witnessed 76,119 Real Estate Transactions, Totaling Dh283 Billion In Value. Due to foreign investments and an increase in inhabitants who are switching from tenants to owners, Dubai's real estate market has been expanding at an exponential rate. According to the most recent information provided by the Dubai Land Department, the emirate had 76,119 real estate transactions...

Buying properties in Dubai, like any investment, comes with its own set of pros and cons. Here are some factors to consider: Pros of buying properties in Dubai: Economic growth: Dubai has experienced significant economic growth over the years, attracting investors from around the world. It offers a business-friendly environment, tax incentives, and a robust infrastructure, making it an attractive...

Disputes Can Be Referred To Rera Rental Dispute Centre In Dubai. If you are a tenant and have been asked to vacate your villa due to the owner's plans to renovate the building, you must receive a 12-month notice period. According to Article 25, Law 33 of 2008 (Amendment of Law 26, 2007), if the landlord deems the property to be in a condition that requires restoration or comprehensive maintenance. That...

Due To Investors' Confidence In The Emirate's Promising Future, The Real Estate Market Attracted Nearly Dh160 Billion In Investment In The First Eight Months Of 2022. Despite global headwinds, the Dubai real estate market maintained its upward trend. Attracted a combined total of Dh24.3 billion investment via 9,720 sales deals in August. According to most recent data, this month had the highest volume...

The Secondary/Ready Market Accounted For 59% Of The Transaction Volume. While The Off-Plan Market Accounted For 41%. Dubai’s real estate market recorded 7,092 sales transactions in July 2022, highest in nearly a decade, data showed on Thursday. 5,024 transactions represented the high point in 2013. The sales transaction volume was up 63.56 percent over the year-ago period, and 88.41 percent higher in...

Values For Residential Properties Are Now A Whopping DH 1100 Per Square Foot. Dubai's property price growth is going to slow down, but that still follows a spike of 10.1 percent between April and June. In such a way that compared to an average of Dh800–Dh900 PSF a year ago. The average sale price has surged to almost Dh1100 today. With estate brokers claiming that demand for homes priced at Dh40...

7,092 Total Sales Transactions Were Recorded In The Emirate Last Month. 42,698 Rental Leases Were Registered, Of Which 56.04 Percent Were New Leases And 43.96 Percent Were Renewals. By generating a record Dh21 billion in investment through 7,092 sales agreements in July. The strongest start to the second half of the year in the previous 12 years. Dubai real estate has once again demonstrated its...

When Buying A House, An Authority Advises That You Must Engage With A Qualified And Experienced Broker. Purchasing a property in Dubai is a dream that several expatriates treasure. Both for those who work and live here and those who are outside. This is because the city offers top-notch standard of living services for Dubai property buyers. When buying a home, HP Aengaar, CEO of Asteco, advises working...

Property Deals in Al Wasl & Palm Jumeirah Were Also Significant The week ending July 15 witnessed property transactions in Dubai worth Dh5.5 billion, according to Dubai Land Department. The emirate registered 1,614 transactions, including the sale of 186 plots for Dh594.72 million and the sale of 1,004 homes for Dh2.43 billion. According to the DLD weekly report, the top transactions included the...

According To CBRE, Residential Rentals in Dubai Are Rising At the fast Rate since Late 2014 According to analysts, the total volume of transactions in Dubai's residential market reached a 13-year high in May as investors. High-net-worth people and entrepreneurs intend to relocate their businesses to the city. As per CBRE's newest research, overall transaction volumes in Dubai's residential market...

Dubai property market rise has continued into May, with sales totaling DH 18.3 Billion. This is the second-highest May total since 2009, after Dubai Marina. The best prices may be found in Downtown and Springs. In May, a Dubai Marina apartment purchase was fixed at DH 1.8 Million, far higher. Than the DH 1.3 Million to DH 1.4 Million that was the going pricing a year before. According to market sources,...

In January, rentals and property prices in Dubai increased by more than 10%. The most demanded districts are Downtown Dubai, Palm Jumeirah, and Al Barari. According to CBRE's January 2022 Dubai residential market snapshot, overall property prices grew by 10.2 percent. Dubai's property market maintained its robust increasing momentum in January, with residential prices and rents rising at the quickest...

You have been putting your home on the sale list for the last three months but have not bothered to contact anyone or are unable to close the contract. What is the cause of this painful problem? There can be thousands of reasons that happen to property owners. What is wrong you are you doing? What are the reasons? Which mistakes and shortcomings can you overcome to sell your home? This article will...