Flipping is unheard of within the residential belongings market due to pinnacle builders now requiring around 30 to 50 percent of the price before owners can promote it.Flipping happening on commercial landHowever, on the subject of commercial land, there is lots of flipping happening as expenses have rocketed through around 300 percent in the beyond couple of years.Reasons for lack of flipping in the...

The real estate sector in Dubai remains robust, with both off-plan and secondary/existing properties experiencing notable growth in sales.Investors and homeowners alike are witnessing appreciable increases in property values, with yields showing consistent year-on-year improvements, as reported by property specialist Haus & Haus Real Estate.The company has released its Dubai Market Reports for Q1,...

Many landlords in Dubai have begun increasing rents upon renewal of residency contracts after the Real Estate Regulatory Authority (RERA) reworked its rental index, allowing property owners to extend rents to align with the market value.Industry leaders, however, say that many residents in the emirate will only have to pay more increased rents later this year or early next year when their present tenancy...

Every year, Dubai, an international city that seamlessly blends tradition and modernity, anticipates Eid festivities with great anticipation. Muslims around the world celebrate Eid al-Fitr as an eventful spiritual renewal and community joy celebration - religious people in Dubai ensure Eid Namaz times are accurately observed so they can easily partake in this holy tradition.How to Figure Out the Eid Prayer...

Dubai South Properties has given Al Kharafi Construction Company a contract worth AED 1.50 billion to construct the South Bay project's third, fourth, and fifth stages.According to a press release, the company started the project's fourth phase, expected to be completed in the first quarter (Q1) of 2027.Details of the Fourth PhaseThere will be 138 units in the fourth phase, consisting of five seven-bedroom...

Dubai's real estate sector has witnessed sustained interest in existing and off plan properties in the first three months of the year, according to the Property Finder's Market Watch digest report for Q1 2024.Property Finder analysts identified more than 36,000 sales transactions in the year's first quarter, making it the second-highest three-month period on record.Q1 2024 has unfolded to a strong demand...

For families renting a spacious villa in Dubai without breaking the bank, options for AED100,000 or less per year are available.Based on data from Property Finder's House Prices calculator and several listings on Bayut, here are four neighborhoods where three-bedroom villas can be found in this price range.Dubai SouthLocated close to Al Maktoum International Airport, Dubai South has emerged as a cheap...

Dubai stands as a beacon of possibility in the global real estate market, attracting customers from all over the world with its modern structure, strategic vicinity, and dynamic financial system. The city's real estate quarter, seen for its immoderate rental yields, tax incentives, and sturdy marketplace stability, offers a unique and profitable funding panorama. This manual desires to navigate you through...

A new report showed that 40 percent of property sales in Dubai this year have gone to home seekers looking to buy villas.Property Finder’s recent 2024 data has unveiled that out of this 40 percent, 85 percent are looking for three-bedroom and above villas. Data displayed areas directing the demand in early 2024, like Dubai Hills Estate, Arabian Ranches, Al Furjan, Mohammed Bin Rashid City, and Palm...

On Sunday, the Dubai Land Department (DLD) signed a deal with nine private and government-backed developers to allocate a certain quota for their projects sold through Emirati brokers to provide more job opportunities to the locals.In an agreement signed with Emaar Properties, Deyaar, Expo Dubai, Damac Properties, MAG, Azizi Developments, Sobha Realty, Ellington Properties, and Al Bait Al Duwaliy Real...

Experts say that DUBAI's real estate market will continue its upward trend this year, following a solid start in the first quarter as investors and end-users flock to buy residential properties in the emirate.Steady Increase in Transactions and PricesThe latest data indicates that the emirate's residential market has retained its appeal during the January-March 2024 quarter by reflecting solid double-digit...

La Maison Amal: Integrating Luxury and WellnessLa Maison Amal, a recent wellness-focused super-prime residential project in Dubai's Al Barari area, was projected on Thursday in a move that is set to disrupt the emirate's real estate sector.The 5-bedroom residences project is touted to integrate luxury with tranquillity and wellness seamlessly.Maria Morris, Founder and CEO at Maria Morris Real Estate, said...

Branded residences are on the upward push globally, especially in Dubai, with great increases in branded residential initiatives set to reshape the town’s skyline. However, are there distinct benefits to proudly owning a branded house over a non-branded one, or is the price tag handiest associated with the brand name?Primary Distinction: Exclusivity vs Broader AppealThe primary distinction between...

New Residential Project AnnouncedDubai Investments has announced a 287-unit, 27-floor residential unit in Jumeirah Village Circle (JVC).The investment organization, indexed on the Dubai Financial Market (DFM), will position up to AED 300 million ($81.7 million) into the project, to be developed through Dubai Investments Real Estate (DIR), the real estate arm of Dubai Investments.Project DetailsIn one of...

Deyaar, one of the most prominent private realtors in the UAE, recently announced its first dividend distribution as the company turned itself around, riding on the current boom in the country's real estate."This transformation is the result of our team's hard work for the past years, addressing many legacy and business matters to enable the company to become one of the key players in the Dubai real estate...

Off plan property projects in UAE continue to sell like hotcakes – in a matter of days if not hours. This is happening even as the real estate market is predicted to grow slower this year after a strong rally over the past three years.High Demand from Wealthy Buyers and InvestorsExpectedly, those driving the demand are high-net-worth individuals, foreign investors, and residents who are snapping up the...

Dubai's commercial real estate sector is experiencing a significant surge, with a particularly strong demand for luxury office space.This uptick can be attributed to companies' endeavors to set themselves apart from competitors and entice employees back to the workplace by offering a working environment that justifies the commute.Emirates REIT (CEIC) PLC, the arena's biggest Shariah-compliant Real Estate...

Dubai, UAE - Dubai's real estate market is witnessing an awesome increase, marked by using report-high belongings expenses. Despite a surge in new developments, the call for maintenance remains robust, offering moneymaking opportunities for buyers seeking to capitalize on the off-plan market.Dubai's Thriving Real Estate MarketDubai's real estate market is experiencing a surge in activity, evidenced by the...

Strong Demand for High-End Commercial SpaceThe commercial real estate market in Dubai is experiencing significant growth, particularly in the high-end space segment. This surge in demand is driven by businesses aiming to differentiate themselves and attract employees by offering impressive workplace environments, which make the daily commute worthwhile.Emirates REIT (CEIC) PLC, the world's largest...

Experts at a panel discussion foresee the UAE's real estate sector continuing its upward trajectory in 2024, despite a softening global outlook. Dubai and Abu Dhabi are expected to deliver approximately 34,000 units and 8,000 units, respectively.Panelists highlighted robust economic fundamentals, government initiatives, and increased investor confidence as key factors driving new opportunities for...