Dubai Property Market

Aldar Properties, one of the UAE’s leading real estate developers, has entered the Dubai real estate market through a joint venture agreement with Dubai Holding. The agreement will see the two companies jointly develop 9,000 residential units in three communities across 38.2 million sq. ft. in the suburban area of the Emirate, close to notable residential communities and E311 and E611. Aldar will...

No, we are not just saying that; it is a fact. Just recently, according to a report by the Resonance Consultancy, a leading global advisor in tourism, real estate, and economic development, Dubai has been named the top regional city and the fifth best city in the world in the World’s Best Cities report for 2023 and Dubai ranked number 2 on the best city for expatriates as per a CNBC article. The...

Dubai real estate sector showed an upsurge last year where there was more than a 60% increase in overall units sold, and the off-plan sector was leading the way. However, there is some uncertainty among the people regarding the real estate sector’s performance, given the word of imminent global recession in 2023. While some experts say that the UAE will dodge the recession, albeit with a slowdown, the...

Comprised of little beyond dunes, decrepit forts and coastal towns a century ago, the UAE has grown into a show-stopping, headline-grabbing destination which offers an enticing blend of traditional Islamic culture and the latest in technologically advanced modern-day living. The country is divided into seven emirates; however, the focus is primarily on Dubai and Abu Dhabi. Both have an ever-expanding...

In today’s market, buying a property in Dubai is dubbed as the best investment option. Several real estate investment trends are changed over the years such as should we buy a property with a mortgage loan or buy with full cash payment, or should we invest in buy-to-let property for steady income or invest in any property, hold it for a while and sell it against any profit margin. However, the most...

Dubai real estate sector is booming and the sector is expected to further grow this year as well. Luxury properties have reigned Dubai real estate sector and this segment is also set to see the strongest growth in 2023, owing to the rising demand from high-net-worth individuals, scarce supply and relatively fewer launches. The prices for properties in Dubai are expected to sustain or grow in an upward...

Dubai, known for its palm-shaped archipelagos and spectacular buildings, is a blend of traditional beliefs, practices and futuristic visions. The cosmopolitan metropolis has grown into a worldwide hub offering a kaleidoscope of activities, world-class shopping, and delicious dining. Tourism in Dubai has grown dramatically in recent years and, consequently, has become a major source of economic...