Are you itching for an investment venture in the City of Gold? Dreaming of a property with views of the Burj Khalifa, or a palatial villa overlooking the ocean? Well, dear readers, fasten your seat belts as we embark on a journey through Dubai's most desirable real estate communities. You're in for an intoxicating blend of statistics, opulence, and potential returns on investment (ROI) - everything a...
Dubai's real estate market continues its upward trajectory, reflecting a vibrant economy and a robust demand for high-quality residential properties. This article delves into the dynamics of Dubai's real estate market, focusing on property prices, rents, and the areas where they rose and fell in April 2023. According to a report by CBRE, the first four months of 2023 recorded a record-breaking...
Dubai's housing market has been experiencing steady growth, driven by an economic rebound, higher energy prices, and a resurgence in trade and tourism. The market's upward trajectory, propelled by foreign investor demand, has left many wondering about its implications for first-time buyers and renters. In this article, we will explore the recent growth projections for Dubai's housing market, the factors...
Dubai’s real estate market has seen a significant amount of growth and change over the past year. In 2022, the market saw a surge in demand for residential and commercial properties, as well as an increase in prices. The residential sector saw a strong increase in demand, with the number of transactions rising by 8.3% compared to 2021. The commercial sector also saw a surge in demand, with the...
Dubai's economic agenda, known as D33, was recently announced by Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai and the Vice President and Prime Minister of the United Arab Emirates (UAE). The plan, which was unveiled in 2020, outlines a strategic vision for Dubai's economic development over the next decade. The D33 agenda has several key pillars, including the development of new...
As we move into the new year, the real estate market in Dubai is still showing vital signs of growth and stability. Despite concerns about a potential global economic slowdown, the Dubai real estate market remains one of the most sought-after investment destinations in the world. According to research from JLL, the average price of residential properties in Dubai increased by 5% in 2018, with...