Dubai commercial properties sector soars high in Q1 2022, since 2016 2022 is a year of growth and prosperity around the globe after the dark period of the global pandemic. The year will always be remembered in the history of Dubai real estate as the sector came roaring back after almost the past couple of years. The COVID-19 imposed lockdown was started at the beginning of 2020 and the period tailed was...
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On April 18, the UAE Cabinet approved major overhauls to the entry and residency visa regime of the country, in years. Under the new rules, convenience, multiple options and flexibility are offered to the people coming to the United Arab Emirates. A few of the significant changes include multi-entry visas and a 60-day validity and ending the need for arrivals to acquire sponsorship. Note: All these...
Dubai property market’s roaring comeback with record-breaking Q1 2022 With a property market that has crash-landed due to the regional downturn, there is a sign of recovery in 2022. Despite the market volatility, the demand for residential properties in Dubai has been on a hike, as property buyers and investors both are looking for a safe haven and promising returns from their investments. As per the...
2021 proved to be a landmark year for the Dubai property market. The sector bounced back with a bang in the third quarter of 2021 and recorded one of the highest property deals in Q3. The momentum from the second half of 2021 carried onto the first half of 2022. Dubai property market shows its best level since 2008 and it seems to achieve full recovery by 2022. The sector is booming due to a number of...
Extravagant urban residential developments and tranquil waterfront properties, Dubai is a fine blend of these two types of residential layouts. To raise the beachfront luxury and lifestyle quotient, Select Group, a Dubai-based international property developer in joint venture with Six Senses, a renowned hospitality and wellness brand, launched Six Senses Residences – The Palm, Dubai. It will be the...
Dubai is all about glitz, glamour and extravaganza! Dubai is globally renowned for its lavish lifestyle, premium amenities, and sumptuous living all of which have made it the hub for high-net-worth individuals from around the globe. The city is teeming with deluxe properties, suave villas and ostentatious penthouses that punctuate captivating views. Dubai property prices are increasing again after the...
Berkshire Hathaway HomeServices has published an EMEA Real Estate Report for 2022 and it revealed that the Dubai property market has proved to be remarkably resilient during the global pandemic. The report reveals the experiences of residential real estate professionals across seven markets including Dubai, Spain, United Kingdom, Spain, Portugal, Italy, and Greece over the past 12 months for Berkshire...
Omniyat, one of the most visionary real estate development groups in the Gulf Region, has unveiled a new, ultra-luxury residential project on Palm Jumeirah, Dubai, dubbed AVA Palm Jumeirah. AVA at Palm Jumeirah – A lifestyle destination AVA is Omniyat’s second project at the Palm following the One at Palm Jumeirah, Dorchester Collection. It is the latest addition to the Omniyat’s investment...
Following its Marina Transport Master Plan 2020-2030, Dubai’s Road and Transport Authority has recently launched two new marine transport lines in Dubai. These water lines will connect the city’s latest tourist destination and residential communities on the sea banks. Bluewaters Island to Marina One of these water transport lines will operate between Bluewaters Island and the Marina. The line...
Meraas is a renowned UAE-based real estate developer that always creates and delivers world-class real estate projects and master developments to make Dubai a global real estate investment destination for high-net-worth investors. It does not just carry the legacy of well-designed apartment developments and the most coveted villa projects across multiple locations in Dubai but boasts an extensive range of...