Speculators and holiday homeowners who used their Dubai properties just a couple of times in a year are increasingly opting to rent for full-year it out to..
Dubai: Flipping virtually non-existent in residential property
Farooq categorises flipping where a property has been sold in under one year. “Most of the buyers are pretty mature and they have a long-term vision and to diversify their investments in Dubai for …
UAE real estate: Ajman property transactions hit $398mn in March
Official statistics show real estate transactions in Ajman totalled 1,169 in March, representing a nearly 50 percent increase compared to the same period last year. The total value of these …
Inside Mukesh Ambani’s son Anant Ambani’s villa worth Rs 640 crore in Dubai
The luxurious villa is spread over 33,000 square feet of land. That has 70-metre-long private beach and is furnished with sober Italian marble. These business magnates are known for owning not just …
Abu Dhabi, Dubai Property Transactions Sustain Momentum in Q1 2024
MENA’s leading property portal has revealed key data from its Market Watch digest report for Q1 2024. While Abu Dhabi recorded spikes in ready property transactions, Dubai sustained a growing interest …
Dubai real estate trends: Best areas for villa and apartment investments revealed; off-plan v ready property sales increases, rental yield hits 7.3%
Dubai real estate is thriving at the start of 2024, but which areas have seen biggest price rises in the past year?
UAE president buys £65m Chelsea mansion complete with swimming pool, cinema room and car lift in one of London’s biggest home purchases since the Covid pandemic
which had been linked to Russian property investor Andrey Goncharenko. MBZ, 63, is the third son of Sheikh Zayed bin Sultan Al Nahyan, and became crown prince of Abu Dhabi in 2004 before becoming the …
Existing property transactions sustain momentum: report
Dubai: Data from the Dubai Land Department (DLD) showed a significant surge in total sales transactions in Q1 2024. The number of transactions recorded was the second highest transaction for the …
Dubai real estate: New RERA calculator reset to limit landlord rent hikes, boost transparency, say experts
Dubai landlords could seek a rental evaluation to adjust rental rates based on the outdated calculator’s benchmark …
Dubai real estate: Off-plan v ready property sales figures revealed, 36,000 sales transactions in Q1
Dubai real estate continues to be hot property as investors snap up more than 36,000 homes in first three months of the year …
Dubai South Properties launches fourth phase of South Bay waterfront development
Dubai South Properties has launched the fourth phase of its South Bay waterfront development after selling out the first three phases of the project, which includes more than 600 villas. The master …
UAE Property: ‘When does an eviction notice come into effect?’
Question: I purchased a property last year and immediately served an eviction notice to my tenant and signed a new rent contract.The eviction completes one year on May 19. However, the rent contract …
Existing property transactions sustain momentum for Dubai and Abu Dhabi in Q1 2024
Across both Emirates, there has been a robust 30% year-on-year rise in ready transactions, showcasing a consistent supply of properties for today and the foreseeable future …
Dubai South awards $409m construction contract
Following increased demand from investors and buyers to own a unit at South Bay, Dubai South Properties’ unique development, and the sell-out of the limited inventory that was released before, the …
Dubai Sotheby’s International Realty sets sales record in luxury real estate market
Valued at an astounding USD40.2 million (AED 148 million), this transaction marks the third most expensive villa sale in Dubai this year, underscoring the thriving luxury property market in the …
Finding the Perfect Dubai Apartment for Sale
In the vibrant city of Dubai, where luxury meets innovation, the quest for the perfect apartment is an exciting yet daunting endeavor. With a myriad of options available, finding the ideal property …
Leader of UAE buys £65m Chelsea mansion
The leader of the United Arab Emirates has bought a £65m mansion in London’s affluent Chelsea neighbourhood …