Dubai Weekly Real Estate News – 12/08/23
Property News This Week Dubai real estate market set to flourish as tourism surges past pre-pandemic levels Dubai’s real estate market is poised for continued growth as the emirate celebrates a resurgent first half of 2023, with a substantial influx of 8.55 million international overnight visitors. Emaar Development reports a 25% increase in property sales, reaching […]
Has it really been Dubai’s best-performing Q2 ever?
To put it simply…yes! Dubai Land Department recently published that there has been an increase in property transactions, a surge in mortgages and more new projects listed in Q2 2023 than ever before. Here are some of the headline stats: Property prices per sq. ft increased by: 16% in Q2 2023 vs. Q2 2022, 2.6% in […]
Should real estate investors consider Studio City, Dubai?
The answer is yes! I’ll tell you why… Studio City is situated in a prime location, the heart of Dubai’s entertainment and media production zone. The city was launched by TECOM Investments in 2005, to cater to the needs of media production companies, housing its crew. So, the city has definitely been an appealing area […]
Benefits of Investing in Off-Plan Properties
To start, let me first talk through what off-plan properties are and then I’ll get to the benefits of investing in them. Off-plan properties are those that are sold before they are complete or even constructed. These types of properties are becoming increasingly popular in Dubai due to their lower prices and payment plans, making […]
5 Reasons Why You Should Invest in Properties Located in JVC, Dubai
Dubai’s strategic location serves as a gateway between Europe, Asia, and Africa. So the city’s connectivity, modern infrastructure, and world-class amenities make it an attractive destination for business and leisure, driving demand for properties. In this blog I talk through the reasons why you should consider investing in properties located in the rapidly developing residential […]
Dubai Weekly Real Estate News – 06/05/22
Property News This Week Dubai luxury mansion sold for record $54.4mln The Lanai Islands offers a limited collection of 13 ultra-luxury villas on a secluded private island rising from a 150,000 square meter recreational lagoon. Revealed: Brits, Russians top Dubai real estate buyers for April 2023 According to Dubai real estate firm Allsopp & Allsopp, British […]
Dubai Weekly Real Estate News – 19/06/22
Property News This Week Dubai rents increasing at the fastest rate in eight years, says study The total volume of transactions in Dubai’s residential market reached 5,542 in May 2022, up a whopping 33 per cent from a year earlier. Off-plan sales increased by 55.4 per cent and secondary market sales by 18 per cent. […]
5 Reasons For Off-Plan Real Estate In Dubai
The Dynamic Price Index increased by 0.76% in April 2022 The Dynamic Price Index current property price capped at AED 1014/sq ft A Gross Rental Yield of 5.98% was recorded for the month of April The real estate market hit its second-highest April transaction volume on record with 6963 transactions A Lowest Recorded Sale for […]
Dubai Real Estate Market Summary January 2022
Sales And Rental Indexes Released A quick blog from me today regarding the Dubai Real Estate Market current conditions following the release of the House and Rental Price Index today. It takes the teams a while to collate and produce the reports, these documents were released today and cover the full month of January, so […]
Dubai Weekly Real Estate News – 27/06/22
Property News This Week Dubai: Luxury property set to double its market share in 2022 Dubai’s luxury property market will continue to rise in the second half of the year, experts say. Limited stock of prime and ultra-prime residential units is unable to cater to rising demand from both end-users and foreign buyers. High net […]