A new report reveals that 85% of established freehold villa communities in Dubai have seen their values more than double over the past four years. Data from real estate consultancy ValuStrat also indicates that prices have exceeded previous decade highs, with Palm Jumeirah villas nearly doubling in value since 2014. Dubai’s real estate market is breaking new records, with the price per square foot...
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The UAE is set to witness a sustained influx of ultra-high-net-worth individuals (UHNWIs) as tax advantages and regulatory reforms continue to lure wealthy individuals and families to the region. This ongoing trend is fundamentally transforming the Middle East's wealth management landscape and fueling substantial investments in infrastructure. As Tariq Nakhooda, Country Head of UAE at IQ-EQ, noted, "The...
Dubai’s residential market continued its strong performance in May, with capital values increasing at a faster rate compared to the previous month, according to recent data from ValuStrat. The ValuStrat Price Index (VPI) rose by 2.1 percent in May, reaching 174.4 points, reflecting a 27.2 percent growth compared to May of the previous year. Villas experienced the most significant monthly increase...
According to an expert speaking to Arabian Business, rental growth in the Dubai real estate market is projected to ease in 2024 due to a notable influx of new properties entering the market. Over half of the new project launches were concentrated in Dubai South East, which is expected to restrict substantial price increases citywide. Rental growth is forecasted to moderate in certain outlying areas of the...
Dubai, the gleaming metropolis known for its iconic skyscrapers and extravagant developments, is rapidly transforming into a hub for sustainable and green buildings. With a strong commitment to environmental conservation and sustainable development, the city has set ambitious goals to reduce its carbon footprint and promote eco-friendly living. This article explores the rise of sustainable and green...
Sobha Realty is based in Dubai, which is the luxury capital of the new world. It offers an exquisite, opulent, and rare collection of coveted real estate projects in the world's most sought-after locations. It offers unrivalled experiences for those who want the best, such as a diverse group of royalty and modern-day czars. These masterfully designed and constructed buildings, developments, neighbourhoods,...
If there is one place on earth that exudes luxury - it is none other than Dubai and if you will have to precisely pick a spot in Dubai for gold standard living, it can be none other than Palm Jumeirah. It is the largest man-made island, the eighth wonder of the world and lovingly called as a residential paradise in Dubai. The palm is a palm-shaped archipelago and has raised the bar high for extravagant,...
Dubai is home to the world’s tallest building, countless architectural marvels and world’s most spectacular neighbourhoods, where you can enjoy your dream lifestyle. The gold standard living and harmonious lifestyle are a few of the reasons that appeal to expatriates who come to experience this high-end living in Dubai. It is observed that a majority of expatriates prefer renting an apartment or villa...
If you need to describe Dubai in a few words, they will be none other than luxury, flamboyance and extravaganza. Dubai is a futuristic metropolitan and also a city of skyscrapers, pristine beaches and sea ports and sun-kissed deserts. Moreover, it is one of the top shopping and tourist destinations, where life never ceases. It brings along endless attractions, activities and opportunities to keep everyone...
Dubai, the city known for its gold-standard luxury living, offers a unique and modern waterfront living that only a small percentage of the world's population gets to experience. With its pristine beaches, white-sandy beaches, and accessibility to a wide range of water activities, waterfront living becomes more enticing and captivating. Living on the edge of the Persian Gulf and the adjacent Dubai...