Sharjah Real Estate Transactions Surge to $1.1 Billion in January 2024

Sharjah Real Estate Transactions Surge to $1.1 Billion in January 2024

The Sharjah real estate sector has witnessed an exceptional upswing, with transactions totaling AED 3.9 billion ($1.1 billion) recorded in January 2024, as in keeping with the latest document from the Sharjah Real Estate Registration Department. This sizable boom marks an enormous leap compared to January 2023, when transactions amounted to a best of AED 2 billion ($545 million).Transaction Volume...

Dubai real estate: The true cost of buying property beyond the listing price

Dubai real estate: The true cost of buying property beyond the listing price

In the bustling real estate landscape of Dubai, where investment opportunities abound, it’s vital for prospective customers to delve beyond the surface and draw close to the whole spectrum of expenses related to property acquisition.While the listed price would possibly seize the attention, its myriad of additional costs, prices, and recurrent fees paint the entire picture of ownership expenses in this...

Dubai real estate: DAMAC announces massive new tower ‘The Sapphire’

Dubai real estate: DAMAC announces massive new tower ‘The Sapphire’

Luxurious Interiors and AmenitiesDAMAC Properties, a leading luxurious real estate developer in the UAE, has brought ‘The Sapphire‘ tower, the stylish addition to its esteemed Safa series. This series, which is famous for its incredible and sumptuous interiors, appeals to today's humans trying to find a wealthy way of existence.Commitment to Excellence“As we step into the new year,  DAMAC reaffirms...

Dubai Real Estate Market Sees 27% Sales Increase in January 2024

Dubai real estate market records over $9.6 billion in sales in January 2024

The Dubai real estate marketplace experienced a fantastic boom in January 2024, with profits carrying out $9.6 billion (AED35.Four billion) – a considerable 27% increase as compared to January 2023 sales, in line with a report through the usage of the property portal Property Finder. The market saw a 17% year-to-year (YoY) surge in recorded profits transactions, exceeding 11,000 in comparison to 8,712...

UAE Real Estate Sector Thrives: Golden Visa Rule Change and Off-Plan Property Surge

UAE Real Estate Sector Thrives: Golden Visa Rule Change and Off-Plan Property Surge

Off-Plan Property Segment Continues GrowthThe UAE real estate area witnessed widespread growth the remaining year, attaining sales of $124 billion, with Dubai's off-plan asset purchases playing a great role.Off-plan actual property sales in Dubai are expected to receive a similar improvement because of modifications in Golden Visa guidelines and changes in delivery.Despite the completion of over 60,000...

Dubai real estate agents have been allotted a three-day window to eliminate ‘fake’ property listings from online platforms.

Dubai real estate agents have been allotted a three-day window to eliminate ‘fake’ property listings from online platforms.

Dubai Land Department’s DeadlineDubai’s real estate panorama is the present process a directive from the Dubai Land Department, compelling real estate sellers to rapidly take away any residences unavailable for sale or lease from their digital systems.Inspection Reveals DiscrepanciesScheduled inspections of electronic real estate portals have found lingering listings of properties now not available,...

Dubai Real Estate Market Poised for 5% Growth in 2024, Predicts Industry Expert

Dubai Real Estate Market Poised for 5% Growth in 2024, Predicts Industry Expert

Dubai’s real estate sector is thriving, cementing its reputation as a gold standard destination for investors looking for diversification and robust returns. Bas Kooijman, CEO and Asset Manager of DHF Capital S.A. Forecasts a 5% growth in the marketplace for 2024, based on the latest statistics indicating a tremendous $100 billion funding inflow in 2023. The UAE economy is also predicted to obtain a...

Chinese, Indian, Pakistani currencies to join UAE-based cross-border payment system

Chinese, Indian, Pakistani currencies to join UAE-based cross-border payment system

Sheikh Maktoum, Mohamed bin Hadi Al Hussaini, Fahad Al Turki and other officials at the World Governments Summit in Dubai - (Img from WGS)The United Arab Emirates-based cross-border payment system Buna plans to add currencies from major Asian and African countries like India, China, Pakistan, and others from Europe in 2024-25.“We continue providing innovative services and launched instant payments. We...

Dubai Land Departments Fines 30 Firms AED 50,000 Each for Real Estate Ad Violations

Dubai Land Departments Fines 30 Firms AED 50,000 Each for Real Estate Ad Violations

According to an information release, the Real Estate Regulatory Agency (RERA) in Dubai has fined thirty actual property businesses for breaking regulations regarding advertisements.AED 50,000 Fine Each for 30 FirmsRERA highlighted that real property corporations should abide by the stipulated phrases and situations for actual estate classified ads.The declaration stated that the 30 actual estate...

Foreign Investor Magnetism: Palm Jebel Ali, Creek Tower, and NEOM's Appeal in Dubai, 2024

Foreign Investor Magnetism: Palm Jebel Ali, Creek Tower, and NEOM’s Appeal in Dubai, 2024

NEOM’s Impact on FDI:An important motive force of the UK to the Middle East funding this 12 months is anticipated to be NEOM, a cornerstone of Saudi Arabia’s Vision 2030 method, in keeping with the Lumina Cross-Border Insights 2024 record.NEOM’s first-holiday destination, Sindlah, is scheduled to open in 2024 with an expected investment of $500 billion, representing a major turning point in the...

Kempinski's Luxury Real Estate Venture in Dubai Marina

Kempinski’s Luxury Real Estate Venture in Dubai Marina

Introduction: The exciting new luxury real estate project by Kempinski is about to be unveiled at Dubai Marina. The oldest luxury hotel chain in Europe, Kempinski, has just announced that it has entered into a management agreement for a group of upscale, branded apartments in Dubai Marina. The ABA Group Dubai-led development of the Kempinski Marina Residences is expected to bring a touch of traditional...

Changes to eviction notices put Dubai tenants on alert

Changes to eviction notices put Dubai tenants on alert

Recent eviction notice cases in DubaiRental Dispute Centre (RDC) are favoring landlords trying to remove sitting tenants when selling properties. Previously, buyers of tenanted properties had to serve new 12-month notices, even if existing notices were served. This allowed tenants to serve 11 months, then get 12 more months when the property sold. But article 25 law 33 of 2008 on notices is now...

Vast New Bridge Linking Sheikh Zayed Road and Dubai Harbour Confirmed

Vast New Bridge Linking Sheikh Zayed Road and Dubai Harbour Confirmed

Project Details RevealedA substantial new bridge project connecting Sheikh Zayed Road to Dubai Harbour was revealed today, Sunday February 4th.The two-lane Dubai bridge spanning 1500 meters aims to dramatically reduce travel time to Dubai Harbour, located between Palm Jumeirah and Bluewaters.Reduced Travel TimeThe new entry and exit points are expected to cut journey duration from Sheikh Zayed Road to...

Skills That You Can Learn In The Real Estate Market

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Learn The Truth About Real Estate Industry

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10 Quick Tips About Business Development

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14 Common Misconceptions About Business Development

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10 Things Your Competitors Can Teach You About Real Estate

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Why We Love Real Estate

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10 Quick Tips About Real Estate

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