As 2024 approaches, investors around the globe are closely watching the potential of Dubai's dynamic market. With its vibrant economy, rich cultural heritage, and strategic business positioning, Dubai remains a beacon for investment. Amidst ambitious projects and evolving regulations, the pressing question arises: Will 2024 be a favorable year for investment? By examining economic indicators and...
Essential Guide to Property Ownership in Dubai for Foreign Investors Whether you're a resident or a foreign investor eyeing Dubai's dynamic real estate market, understanding the regulations and processes is crucial. Here’s a comprehensive look at the key questions and answers: 1. Regulations for Foreign Property Ownership in Dubai Dubai offers attractive opportunities for foreign nationals to...
Introduction Dubai resident Jan Alabastro, who lives in Jumeirah Village Circle (JVC), received an eviction notice stating his one-bedroom apartment would be sold. To his surprise, he later found out the apartment was being rented again at a much higher rate. Alabastro, who wishes to remain anonymous, plans to file a case against this practice. Is It Legal? Real estate expert Dilip Daswani confirms...
Jumeirah Islands has become the go-to destination for Dubai's millionaires, recording numerous deals over Dh10 million in the past three years. The most expensive home sold in this exclusive cluster was a luxurious 4-bedroom property, which fetched an impressive Dh28 million in December 2023. Jumeirah Islands is quickly becoming a prime choice for Dubai’s elite, joining the ranks...
In the world of global investment opportunities, few places shine as brightly as the areas around Dubai's new Al Maktoum Airport. This emerging hub is more than just a transportation center; it's a symbol of economic growth and prosperity, attracting astute investors from around the globe. Here's why international buyers should consider investing in this vibrant area and how such a decision could greatly...
During the first quarter of 2024, Dubai's real estate market witnessed a significant uptick, with transactions totaling a whopping $110 billion. This surge underscores the substantial growth in residential property sales compared to the previous year, highlighting the thriving potential of Dubai's housing market. Dubai's property market experiences a $110 billion...
Highlights The Dubai Land Department (DLD) is teaming up with nine big-name developers, including Emaar Properties and DAMAC Properties, to give a boost to the Dubai Real Estate Programme. This partnership is all about lifting up Emirati professionals, making sure they're right in the mix of real estate projects and marketing efforts, while also following labor regulations and spurring industry...
Exploring Dubai's Dynamic Scene: Uncovering Market Trends, Investment Prospects, and Growth Strategies Boosting Stakeholder Confidence Great Deals in Affordable Areas Looking for a good deal in Dubai? Apartments in areas like Dubai Investments Park, Discovery Gardens, and Liwan offer some sweet returns, with potential rental yields reaching up to 11 percent, according to...
