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Residential rents in Dubai's upscale and coastal areas could rise by around 10-15% during the upcoming Expo 2020 as millions of people both from overseas and the UAE will overwhelm Dubai for half a year. Dubai real estate analysts and executives expect affluent neighborhood supply areas such as Downtown Dubai, City Walk and Bluewaters Island to see rents rise. This is due to the fact that during the exhibition there will also be several entertainment events that no one has seen before. In addition, in areas adjacent to the exhibition area such as Dubai South, Dubai Investment Park, Jumeirah Golf Club, etc., there may also be an increase in rents due to higher occupancy rate for a mega event. Dubai-Expo 2020 will bring millions of visitors to Dubai from October 2021 to April 2022.

Prices increase for villas outpaced other properties in Dubai in the second quarter of 2021. Quarterly apartment price index in 2021 increased by 1.7%, but decreased by 4.8% compared to last year. In contrast, villas have headed the growth in residential property prices ​​in Dubai, compared to 7% QoQ and 6.3% YoY. In its latest report, ValuStrat said the residential property price index increased by 3.8% in the second quarter of 2021 from the previous quarter, with most neighborhoods recovering from last year's losses. All villas areas and communities are seeing quality improvements that have not been seen since 2014. The largest annual capital gains were recorded at Arab ranches at 10.3%, Jumeirah – at 9.1%, Dubai Hills – at 9.0%, the lakes – at 8.2% and The Meadows...

The United Arab Emirates attracts people from all over the world. Dubai is one of the most popular destinations among tourists and those planning to move to permanent residence. Both the regular and luxury segments are in demand. To a large extent, people are attracted by the climate that allows them to enjoy summer almost all year round. Stable economy is the factor that matters too. Buy-to-let property investment generates returns. However, the property value and location affect the period it will take. Our catalogue offers the very latest luxury property in Dubai. Content: Things homeowners need to know before renting out Benefits of renting out Additional expenses Rental rates Agency commission and real estate maintenance costs Procedure for renting out luxury real...

Real estate transactions in Dubai have been valued at 5 billion dirhams since the beginning of July, and their total number has reached 1921 residential units sold. 135 plots were sold for 716.18 million dirhams, and 1,298 apartments and villas for 2.54 billion dirhams. Al Hebiah Third recorded the highest number of transactions at AED 75.96 million, followed by Hadaeq Sheikh Mohammed bin Rashid at AED 126.23 million and Al Hebiah at AED 91 million. The three leaders in apartments and villas sale included apartments sold in Marsa Dubai for 345 million dirhams, in Burj Khalifa – for 280 million dirhams and in Palm Jumeirah – for 196 million dirhams. The amount of mortgaged property was 2 billion dirhams, the highest of which was land in al-Qusais sold for 276 million dirhams,...

Palm Jumeirah has become one of the largest regions for the sale of villas and apartments in the first half of 2021. More and more profitable real estate investors and buyers are showing interest in properties due to the unlimited possibilities that the island has to offer. Up-to-date sales data just underlines the attractiveness of the emirate as a preferred destination for real estate investments worldwide. The resilient real estate sector in Dubai continued to see strong growth in investment, with 5,359 transactions totaling over AED 11 billion already registered in May. More than 11,300 new investors entered the market, accounting for 66% of the total number of registered buyers since the beginning of the year. In May, 6,021 real estate transactions were registered in the amount of...

Today, after two years since the start of the pandemic, we can say that Dubai property prices have suffered no major losses. Although the demand was slightly down, online showings helped stabilize the city’s real estate market. According to the analytics agency Core, since 2021, an increase in sale has been observed. The most popular options are villas and detached houses. The highest growth rate of property sales reaching 10% comparing with the same period last year has been observed in The Springs and The Meadows. These communities offer luxury real estate are very popular among property hunters. Our catalogue offers the very latest luxury property in Dubai. Content: Property prices in Dubai Pricing Elite housing market Property offers in other areas Investing in...

One of the largest developers in Dubai and Abu Dhabi reports global real estate sales growth of up to 107% Reportage Properties is one of the largest developers on Dubai real estate market. In 2020, sales reached AED 812 million, an increase of 125% from 2019. In 2021, strong sales reflected the high efficiency and attractiveness of the company's projects. 12.0. 2021 Reportage Properties reported that revenue growth was 107% or AED 704 million due to high activity from foreign buyers amid fears of rising property prices. Islam Ahmed Suleiman, CEO of Reportage Properties, said strong sales in the first half of this year reflect strong performance and attractiveness of the company's projects, as well as the strength and stability of the UAE real estate sector and its vast opportunities...

Data from Property Finder, a real estate information portal, showed that there were 27,373 transactions in Dubai in the first half of 2021, worth AED 61.97 billion compared to 35,041 sales of AED 71.87 billion in 2020, the best real estate business in the past eight years in terms of sales. Positive dynamics Arab real estate segment is showing an upward trend across the board. The average property price in Dubai increased by 1.3% in March 2021. This is the first annual price increase that has been recorded since the beginning of 2015. Since the market bottomed out in November 2020, prices have recovered and surged 7%. Shopping sentiment in Dubai has improved, partially thanks to its successful anti-coronavirus policy. Foreign investors and buyers have begun to take an active interest in...

Dubai real estate sector will maintain a positive momentum in the second half of 2021 as visa reforms, a successful Covid-19 vaccination plan and government measures to boost the economy drive demand and manage oversupply. Analysts and experts said that the segment of villas is currently in more demand than that of apartments. In this regard, prices will increase up to 5% in the forecasted future (presumably from July to December). According to Haider Tuaima, the head of the oversupply research department, the positive dynamics in the market, which began in the third quarter of 2020, due to the general positive sentiment in the real estate sector and competent decisions of the government in the field of stimulating the growth for property demand, will continue until the end of...

Small-sized studio housing has become increasingly popular with investors, both residents of the UAE and foreigners, in the last couple of years. This demand is especially high in Dubai. Studios are a liquid product, they are well suited for rent and resale, they are possible in both affordable and elite configurations. This offer is widely distributed geographically, offers one of the highest ROI indices among other types of real estate, and it is the studios that often have the right to own a freehold (unconditional and indefinite ownership of real estate). Studios are suitable for investment due to several features, including a high rental income of 11% and a ROI of about 10%. In this article, we will consider how studios are profitable and which areas are the most promising for...

Located on the coast of the Persian Gulf, Dubai is a true pearl of the United Arab Emirates. This is a luxurious and technologically equipped city, with architecture hat encapsulate both tradition and modernity; there are convenient expressways next to narrow old-world streets. Potential buyers of luxury real estate in Dubai will love the modern and striking luxury of areas like Downtown Dubai, Dubai Marina, and Palm Jumeirah. Special attention should be paid to the Emaar Beachfront which currently boasts the development of premium residential complexes. According to Property Monitor, 139 properties were sold in October, with an average value of AED 1,057,000 ($287,775). Our catalogue offers the very latest luxury property in Dubai. Content: Address Jumeirah Resort Seven Hotel...

The Dubai real estate market is one of the key sectors in the Emirate's economy, and luxury real estate is one of the main parts of the cultural image of the city in the public view. Luxury real estate has many attractive features for investment, however, as with any investment, the premium sector of the market should be carefully studied from different points of view, taking into account the many factors that shape it. We will try to give a complete picture of what is offered in this real estate sector in Dubai, and explain why the elite real estate of the Emirate is one of the best investment destinations among the rest of the world leaders. Our catalogue offers the very latest luxury property in Dubai. The content of the article: One of the world market leaders Availability of...

In June, the Arab real estate market in Dubai maintained stable demand for premium-class housing. It was here that the most transactions worth more than 10,000,000 AED were recorded. In total, 111 transactions were registered in this segment in June, which is slightly lower than in May – 117 transactions, but still indicates a confident recovery of the market. On a monthly basis, sales jumped by 43.7% and increased by 174% compared to June last year, when buyers first drew attention to attractive real estate transactions against the background of quarantine measures. In June, a total of 2,419 unscheduled transactions were registered, which is 43.3% more on a monthly basis. Completed facilities in June 2021 amounted to 62.1% compared to 37.9% for unscheduled facilities. This...

Villas account for about 13% of the residential property market in Dubai. Since 2020, it is this segment of luxury real estate that has seen the largest price growth - up by about 7% each quarter and an annual increase of up to 6.3%. According to the latest data, prices of villas in Dubai continued to rise in the second quarter of 2021 due to increased demand from investors and buyers of finished homes. 10.3% of the annual record was recorded in the luxury villa niche, giving Dubai a boost to make up for last year's capital losses. According to an analytical report by ValuStrat, sales in June surpassed those of May by 68%, while sales of finished homes rose by 75.5% month-on-month, while registration of unscheduled orders (contracts) increased by 59.5%.

Leading real estate analysts in Dubai note the undeniable growth and development of the Arab real estate market caused by foreign buyers. What is happening on the market cannot be called anything other than evolution: people buy houses for living, then rent them out for several years, and then move to larger objects, creating a mature real estate cycle. In June, Dubai's robust real estate market continued its rapid recovery, with prices rising by 2.1%, which was the eighth monthly surge in a row, as the number of transactions reached the best indicators since December 2013, when 6,389 transactions were registered. Average prices in June were 928,848 AED for apartments, 1.7 million AED for townhouses and 3.4 million AED for villas. Despite the undeniable success, the market recovery...