Category: Dubai

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Dubai’s no-tax regime and golden visas attract record-high property transactions. Dubai’s real estate market is experiencing a surge among Chinese investors, following a 35% increase in quarter-on-quarter in transaction volumes, hitting an all-time high of 35,100 units, according to Savills. Notably 63% of these units are currently under construction. “Dubai has been one of the standout economies for real estate investment over the past few years, particularly post-COVID,” said Andrew Cummings, Head of Residential, Middle East, at Savills. “We’ve seen tremendous capital growth, with over 17% capital growth last year…

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The number of homes available for sale in Dubai’s prime residential markets, Emirates Hills, Jumeirah Bay Island, Jumeirah Islands and The Palm Jumeirah, has fallen by 47% over the last 12 months to 2,851 properties, according to the latest analyses from global property consultant, Knight Frank. Faisal Durrani, Partner, Head of Research, MENA, Knight Frank, said, “The global super-rich remain fixated by Dubai, which is overwhelming the supply of luxury homes in the city. Indeed, the volume of demand for property in Emirates Hills, Jumeirah Bay Island, Jumeirah Islands and…

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The real estate scene in Dubai is going from strength to strength and shows no signs of slowing down. The property companies are making hand over fist, and no one knows this better than Amin Makhlouf, a former property broker who saw the possibility of making it big in real estate and, in turn, sharing the earnings. A true Robinhood of real estate, Makhlouf developed a revolutionary property app, MAKYEE, which facilitates transactions in 8 sectors and offers a $10,000 referral program to buyers. MAKYEE Revolutionizes Dubai Real Estate Market…

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Increasing demand for properties reflects dynamic market sentiment, bolstered by significant increases in transaction prices and volumes  H1 2024 recorded more than 43,000 property sale transactions in Dubai amounting to nearly AED 123 billion  Bayut, the leading property portal in the UAE, has released insights into the most searched areas in Dubai’s real estate sector for the first half of this year. Following what looked like post-New Year stability in early Q1 2024, property prices in Dubai’s most searched-for areas have risen again, countering any speculations of a slowdown.  Despite…

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Image credit: Getty Images As the first half of 2024 concludes, Dubai’s property market continues to exhibit robust growth, with a significant influx of buyers, absorption of existing inventory, as well as movement into suburbs, according to data released by real estate firms. Post-new year stability and rising prices Following what looked like post-New Year stability in early Q1 2024, property prices in Dubai’s most searched-for areas have risen again, countering any speculations of a slowdown. Despite the ongoing increase in property prices, Dubai remains highly affordable compared to other…

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The actual property market in Dubai has modified a lot over the years, making it an international enterprise hub with vibrant futures. The real estate in Dubai for investment 2024 scene is linked to the city’s tech revolution, as we seem to be in advance of 2024. Leading technological know-how corporations have moved to the town due to the fact that it places a lot of stress on innovation, lookup, and development. This has set the stage for big steps ahead in the industry. With a focal point on sustainability…

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DUBAI, UAE / ACCESSWIRE / July 9, 2024 / Infinite Inspire Real Estate LLC, a brand-new real estate company, is set to launch in Dubai by the end of August. Green Aventurine Holdings has launched yet another exciting start-up. The company’s founders, HH Shaikha Jawaher Khalifa Al Khalifa and Shahzad Faisal, along with Ms Jaya Tekwani, are thrilled with the opportunity to join the bustling Dubai real estate market. Real Estate Market in Dubai: Opportunities and Insights: There is no doubt that Dubai is a city on the rise. Dubai’s…

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DUBAI, UAE / ACCESSWIRE / July 9, 2024 / Infinite Inspire Real Estate LLC, a brand-new real estate company, is set to launch in Dubai by the end of August. Green Aventurine Holdings has launched yet another exciting start-up. The company’s founders, HH Shaikha Jawaher Khalifa Al Khalifa and Shahzad Faisal, along with Ms Jaya Tekwani, are thrilled with the opportunity to join the bustling Dubai real estate market. Real Estate Market in Dubai: Opportunities and Insights: There is no doubt that Dubai is a city on the rise. Dubai’s…

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Image credit: Pure Gold Living Exactly a year ago, Pure Gold Living delivered its first project to customers in Dubai. The property developer delivered its first project, the Dhs100m PG Upper House, ahead of schedule in June 2023, setting a new standard of dependability, commitment and excellence. These values have marked over 30 years of success for the company’s parent firm – Pure Gold Jewellers. “Our focus was and will continue to be solely on delivering on our promises,” says Karim Merchant, managing director and CEO of Pure Gold Group.…

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As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down. The total sales value soared to AED 190 billion, marking a 38% increase from H1 2023, with total sales transactions (74,467) up 36% compared to the same period. Apartment living continued to be favoured, reaching 60,836 sales, a 41% compared to H1 2023 and accounted for 82% of all Dubai sales transactions in 2024. Villa and townhouse sales comprised the remaining 18% of sales…

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Refine is revolutionizing Dubai’s real estate market with its pioneering DaaS concept Refine, a pioneering real estate development and management company, empowers investors and developers to enter the market confidently. Founded on the game-changing, first-of-its-kind Development as a Service (Daas) concept, Refine offers investors the chance to harness generations of real-estate expertise and the power of Refine’s fully-fledged team and network, eliminating the need to build their infrastructure. Under the leadership of Thomas Wan, a second-generation entrepreneur and Managing Partner at Refine, the company is not just redefining how investors…

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