There is an inadequate supply of properties in many cities but it cannot be arbitrarily increased in the short term due to its very nature. This essentially summarises the common narrative on the value growth of urban homes and indicates that property prices should increase significantly in the long run as a result of urbanization. This tenet has been reinforced by the recent robust real estate boom....
properties in dubai
Like H1, the second half of 2022 started on a strong note for Dubai real estate market, as it continues its golden run based on stellar property investment options, attractive sales prices and associated benefits. However, growth in any sector can be a double-edged sword, with positivity seen in one aspect but the other side may be plagued by visions of growth spiralling out of control. Currently, this is...
Every year, a number of organised events and festivals provide the impetus for the emirate's economic, tourism, and business growth. The FIFA World Cup, which is currently in its 21st year, has been instrumental in boosting Dubai real estate market. The importance of this spectacular event in Kuwait in promoting Dubai as a premier real estate investment hub and travel destination cannot be overstated. The...
Dubai may someday be dominated by multimillion-dollar mansions, five-star hotels, luxury flats, and enormous malls in the metaverse. However, is it currently wise to put money into metaverse real estate? Or is it all merely the hoopla? Recent market information indicates that real estate sales in the metaverse hit $500 million in 2022 and are projected to increase significantly in 2023. From 2023 to 2028,...
Nestled in the vibrant gated community, surrounded by lush green spaces – Raya is a serene sub-urban oasis at Arabian Ranches III. Developed by the premier Emaar Properties, it is an exemplary project for those who look for an active and balanced lifestyle. Raya is the latest addition to the hugely popular family community and is dubbed as the epitome of family-oriented living. Raya at Arabian Ranches...
Dubai real estate remains a highly attractive investment sector for foreign investors. The charm was further fuelled following the introduction of the 10 year Golden Visa on an investment of AED 2 million. And the first eight months of 2022, Dubai real estate sector broke new records in terms of sales volume and value. August 2022 – Highest grossing month in a decade Dubai real estate is a viable...
Peninsula is a master-planned waterfront project planned in the heart of Business Bay, offering a splendid lifestyle experience. With a fabulous location, impeccable design and world-class infrastructure, Peninsula Four – The Plaza offers a fine blend of elegance and exclusivity with a contemporary urban twist. In short, Peninsula Four by Select Group is one of the most talked-about projects in...
The UAE has developed a remarkable ability to establish high benchmarks in various disciplines such as The Palm Jebel Ali. There are many instances to support the country's broad aims, its track record of hitting goals, and its emphasis on meritocracy, whether it be its space ambitions or the Dubai Expo 2020 bid that was successful despite the pandemic. Nakheel announced re-launch of Palm Jebel Ali Last...
Resonance Consultancy's World's Best Cities Report 2021 ranks Dubai as the fifth-best city in the world, with particularly high grades for safety and its abundance of landmarks. The UAE used a mass testing method and started a statewide immunisation campaign fairly early, and these preventive measures have helped the city draw real estate investors and end users. In reality, the Deep Knowledge Group in...
Dubai has cultivated a culture of innovation and digitisation by being the home of the Middle East's First Unicorn. Strong, resilient, and dynamic economic fundamentals support the city's diverse economy. The thriving megalopolis is unquestionably a destination for everything intriguing and novel. As a city where cultures truly converge, Dubai is home to people of many different racial and religious...