2023

The sharp decline in unscheduled registrations observed in Dubai in recent months is due to a combination of factors. These include a delay of two to three months between the purchase of homes and their registration with the Dubai Land Department (DLD), as well as a decline in the number of new projects during the summer, which significantly affected the supply of new residential units. A new study by...

As governments around the globe vie to attract the wealthiest people, Dubai is the frontrunner, attracting a record number of elite individuals from around the world. Dubai's rising popularity with the super-rich is due to increasing geopolitical and economic uncertainties around the world, which are driving wealthy individuals and families to seek safe havens for their wealth and well-being. According to...

In the first nine months of 2023, the Dubai real estate market saw a significant increase in activity with 116,116 new real estate transactions worth around Dh429.6 billion ($117 billion). This remarkable growth, which reflects a 33.8 percent increase in the number of transactions and a significant 36.7 percent increase in property values, was reported by the Dubai Land Department. This robust performance...

Real estate trend in October: the real estate sector in Dubai recorded a significant increase in purchases and sales of existing properties with a year-on-year increase in value of over 80%. According to research by Property Finder, 7,128 transactions totaling AED 29.7 billion ($8.1 billion) were completed, representing an increase in value of 17.46%. Apartments were preferred by 60% of buyers, while 40%...

Invest effortlessly in high-quality real estate in Dubai Welcome to our first-class service for German investors looking for high-quality real estate in Dubai. We offer comprehensive advice and support, both online and on site, to make your investment in Dubai's booming real estate market effortless and successful. Why is Dubai so attractive? High return on investment: Secure an average annual...

The highly anticipated first legal casino opening in the UAE at the Wynn Resort in Ras Al Khaimah, accompanied by the establishment of a new regulatory body for legal gambling, will bring new confidence to the country's already thriving real estate sector, according to experts quoted by Arabian Business. The first legal casino opening in the UAE and the Gulf region is expected to take place in early 2027....

Nakheel, the visionary developer behind Dubai's iconic Palm Jumeirah, has unveiled its latest masterpiece - the first ever waterfront villa development on Palm Jebel Ali. This grand unveiling comes amid rising demand for opulent homes in the emirate. The project, which spans four sides of this magnificent island, will offer two different types of villas: the elegant Coral Villas and the luxurious Beach...

August was an impressive testament to the thriving real estate sector in Dubai, with notable price increases across the city's real estate landscape. According to the latest report by ValuStrat, the Dubai real estate market is experiencing a remarkable upswing, with annual capital appreciation of 10%, the highest growth rate in a decade. As the real estate consultancy ValuStrat reports, both apartments...

August witnessed a revival in the Dubai real estate market, which recorded robust growth and significant changes in price dynamics. According to EFG Hermes' latest report, total real estate sales increased by 37 per cent year-on-year, reaching an impressive $8.5 billion (Dh31.2 billion). This remarkable increase was primarily fueled by the rising demand for off-plan apartments, which played a crucial role...

Dubai's real estate sector recorded a turnover of AED 102 billion ($27.8 billion) in the summer of this year, according to data published by W Capital. The real estate brokerage firm said that sales this summer were 50 percent higher than last year's summer season, which amounted to AED 68 billion ($18.5 billion). The number of transactions also rose by 30 percent to 33,600 transactions this summer,...