Dubai is the world’s busiest luxury property market behind New York, Los Angeles and London after a deluge of wealthy investors flocked to the city when it emerged as a safe haven amid geopolitical …
Dubai ranks fourth globally for luxury home sales
Dubai has become the world’s fourth most active luxury property market behind New York, Los Angeles and London, capitalising on its status as a low-tax geopolitical haven. The glitzy emirate racked up …
Dubai and resort enclaves topped another bumper year for luxury property price growth in 2022
Prime residential property prices surged upwards by 44.2% in Dubai through 2022 – significantly out-pacing luxury property price growth in any other HNW hub, according to Knight Frank’ …
Amid property boom and influx of Russian cash, Art Dubai grows in size and scope—again
It is set against this backdrop that Art Dubai (1-5 March) opens its biggest edition yet, returning to full force for the first time since the pandemic. The fair—which specialises in art from the …
Are Dubai apartment prices expected to rise further?
A good yield in Dubai today in key areas would be five per cent to six per cent. I bought a three-bed flat for Dh900,000 in 2018 but have got an offer for Dh1.4 million. Should I hold or are prices …
InterContinental Residences Abu Dhabi now open
InterContinental Residences Abu Dhabi, located in the affluent neighbourhood of the Al Bateen district in the UAE capital, is now open for bookings and looking to book tenants for their upcoming stays …
Dubai property market may break more records in 2023
HNWIs and expatriates will continue to pour it, thereby cementing its position as a leading real estate destination …
Abu Dhabi property owners confident in the capital’s real estate market, YouGov study shows
Of the Abu Dhabi property owners surveyed, 67% said they would consider selling their units this year in return for a good premium …
Proptech firms to lead UAE realty due to strong start-up ecosystem
Proptech companies are creating a strong footing in the UAE real estate due to strong start-up ecosystem, government support and high demand for SMART solutions …
Reportage Properties offer 10% discount on all projects
The company make a special offer on all the their projects, including a 10% discount, 10% down payment, and 1% monthly installments until handing over. The “Reportage Properties” portfolio includes 22 …
Dubai real estate: $2.7bn of property deals this week
Dubai’s biggest property deals this week include AED1bn apartment mortgage in Palm Jumeirah Dubai real estate: $2.7bn of property deals this week Dubai, Dubai Land Department, Dubai real estate Real E …
Dubai real estate: $881m property deals recorded on Thursday
Dubai real estate deals almost reached a billion dollars in a single day on Thursday Dubai real estate: $881m property deals recorded on Thursday News …
3 Dubai villas among world’s most expensive properties sold in 2022
According to a report, a Dh600 million villa located on Frond N on Palm Jumeirah was the third most expensive prime property sold last year …
UAE Property: ‘Can I increase rent without serving 90 days’ notice?’
Question: I am having issues with my tenants because I failed to give 90 days’ notice to raise the rent. They have been my tenants for two years. I started the lease at an annual rent of Dh105,000 and …
Dubai real estate: 64% of property owners planning to sell up and move
Dubai property owners are planning to sell their homes as resale prices surge Almost two-thirds of Dubai property owners (64%) plan to sell their unit to take advantage of current market conditions …
Nearly two thirds of Dubai property owners plan to sell – survey
A YouGov survey showed that 64% plan to sell to take advantage of market conditions, more than half want to do so within the next 12 months …
UAE’s luxury homes capture the attention – but do not ignore mid-priced options
Whether on rental income or property values, mid-market could even outpace inflation … This is perhaps the most poignant preamble in beginning to describe the dynamics in the UAE real estate sector.