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Category: PROPERTY

Posted on 22/01/2024

2023: Pakistanis remain among top 10 buyers of Dubai property, Indians top list

Indians emerged as the top buyers of Dubai real estate in 2023, while Pakistanis were placed seventh and also surpassed purchases from last year, according to a report released recently by the emirate …

Posted on 21/01/2024

Dubai house prices surge up to 21% on ‘unprecedented boom’

The upward trajectory of property prices in Dubai persists, driven by a record influx of local and international investors attracted to the promising retur..

Posted on 21/01/2024

Dubai: Residential plot prices jump up to 60% as some areas reach their full capacity

Prices of plots for the development of villas and residential buildings have increased by up to 60 per cent in Dubai due to the frenzy around new developme..

Posted on 21/01/2024

Dubai developer to select tenants for new building through exclusive auction

Apartments in M77 offers Downtown and Burj Khalifa views, full-floor gymnasium, 50-meter Olympic-sized pool, a smart keyless entry system …

Posted on 21/01/2024

UAE Property Forum in Sao Paulo to attract investors from Brazil on January 29-30

The Embassy of the United Arab Emirates in Brazil and the Consulate General in Sao Paulo will host the first UAE Property Forum from January 29 to 30 at the Tivoli Mofarrej São Paulo Hotel, Brazil.

Posted on 21/01/2024

Bayut: Dubai Properties close 2023 brilliantly

The sector witnessed Unprecedented Booms as shown in report by Bayut, the UAE’s Market-Leading Property Portal …

Posted on 20/01/2024

Smart renovations to your Dubai home can add up to a neat profit

Lots of investors have cottoned on to how high returns can be from makeovers Fixer-upper is the name of the game when it comes to generating solid returns from older properties. In Dubai, many …

Posted on 19/01/2024

Dubai real estate sector sees $3.6bn of transactions this week, including huge $35m Palm Jumeirah property

Dubai real estate and property transactions were valued at AED13.1bn ($3.6bn) this week, according to Dubai Land Department data. In total, during the week ending January 19, there were 3,697 …

Posted on 18/01/2024

UAE Property: ‘Can I be charged a 5% fee for lease renewal?’

Question: I have been renting a villa for 15 years. I always pay the rent with an annual increase or decrease according to the market value and in mutual agreement with the management office. I also …

Posted on 18/01/2024

Why UAE landlords are moving to lucrative short-term rentals

A conversation and a bit of maths is all it took for Jorge Felippe to realise why short-term rentals can be more profitable for Dubai landlords than annual lease contracts.“In 2021, a friend of a …

Posted on 18/01/2024

Introducing the wealthiest family globally: Owners of a Rs 4078 crore presidential palace, 8 private jets, and numerous lavish properties worldwide

The Al Nahyan’s wealth is showcased in their luxurious properties, featuring a presidential palace that dwarfs The Pentagon in size.

Posted on 17/01/2024

UAE: Sharjah property demand grows after expats allowed to buy in freehold areas

Lamia Al Jewaied, head of studies and research bureau at Sharjah Real Estate Registration Department, said multiple factors have driven the growth, especially the introduction of the law in late 2022 …

Posted on 16/01/2024

Property prices could rise 5-10%, says Dubai-based luxury real estate developer

Hussain Sajwani, chairman of DAMAC Properties, discusses the 2024 outlook for Dubai’s property market and says demand is coming from India, China and Europe.

Posted on 16/01/2024

Sale of $25mn-plus homes doubles in Dubai, cements its ‘ultra-luxury’ status

The sale of top-tier luxury homes – $25 million (DHS92 million) and above – doubled to 56 the past year in Dubai, due to scarce availability as compared to 2022, reported Khaleej Times on Tuesday.

Posted on 16/01/2024

UAE Expats Move Houses, Take Up Second Job To Save And Buy Property

From engaging in part-time employment alongside their primary jobs to relocating to more remote regions, residents in the UAE are going to great len …

Posted on 16/01/2024

Dubai real estate: Emirate doubles as global hub for luxury property over $10mn

According to the analysis, Dubai outpaced other global cities in the first nine months of last year for luxury home sales …

Posted on 16/01/2024

Dubai: Dh92 million-plus uber-luxury home sales double in 2023

Developers are still scrambling to respond to emirate’s meteoric rise as one of, if not the most, sought-after luxury-second home markets in the world’ …

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