Insights

DAMAC, a giant real estate developer in the UAE, has announced to add of a few digital currencies as new payment options. Dubai is swiftly emerging to be a crypto hub and DAMAC is one of the leading Real Estate developers in the world to take Bitcoin payments. Facilitating the purchase of properties in Dubai through digital payment mode will not just provide convenience to the potential investors around...

Freehold vs. Leasehold Properties in Dubai – What you must know before investing? Dubai real estate is an attractive market that equally entices expatriates and international investors with its exciting real estate investment opportunities. Before you pick any project and make up your mind to invest in; let us tell you that there are 2 types of legal property ownerships available for the expatriates...

Palm Jumeirah, a man-made, palm tree-shaped archipelago, is home to Dubai’s finest hotels, pristine beaches and ultra-luxury homes. Palm Jumeirah properties also top the list of most expensive homes, with the highest number of costliest homes sold in Dubai during the first quarter of 2022. Palm Jumeirah has recently created headlines with the most expensive property deal of a 10 bedroom ultra-luxury...

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...

Dubai’s high population growth due to a high influx of expatriates yet limited opportunities for residential property ownership (that can lead to permanent residency) continues to fuel demand for rental properties across the city. According to an estimate, around 80 per cent of the total UAE’s residents live in rental apartments and villas. The growing presence of expatriates will continue to underpin...

Dubai is an attractive destination that offers a glimpse of history, culture, beaches and luxury lifestyle. It has jostled its way on the global platform in recent months, not entirely due to Expo 2020 that has put Dubai on the map. It is not just due to conducting a successful global event but the UAE’s government response during and after the COVID-19 that has bid adieu to any scepticism about staying...

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...

The property market is cyclical that follows the patterns of boom and bust. The cycles typically start from an increase (boom) in prices, followed by periods of relatively flat or decreasing trend (slump), then in time prices begin to rise again (recovery). Knowing the property cycle is crucial to understand how current property prices are expected to move or change in the future. A savvy investor tends...

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...

DAMAC, a premier Dubai-based real estate developer, never fails to impress property investors and buyers. After successful ventures in DAMAC Lagoons, the developer has announced to launch a third cluster there, which is named “Nice”. The exciting addition to DAMAC Lagoons aims to introduce awe-inspiring French Riviera style, cobblestone streets and never-before-seen in Dubai architectural...