The post-pandemic period has witnessed a surge in rental prices across the UAE, placing a financial burden on tenants. In Dubai alone, rents have jumped by 18 percent compared to the previous year, according to Property Finder's first-quarter report. However, tenants can take proactive steps to negotiate lower rates and alleviate the impact of rising rental costs. In this article, we will discuss eight...
Renowned billionaire investor and emerging markets expert, Dr. Mark Mobius, has expressed his bullish stance on Dubai's real estate market, highlighting the city's thriving potential and untapped investment prospects. In an exclusive interview with Arabian Business, Mobius, who recently relocated to Dubai, commended the emirate's attractive combination of factors, including tax benefits, robust...
Dubai is a city renowned for its extravagant lifestyle, iconic architecture, and unparalleled opportunities. Among the numerous residential areas that have emerged in this vibrant city, Alfurjan stands out as an exceptional choice for those seeking a harmonious blend of comfort, convenience, and luxury. With its strategic location, excellent infrastructure, and a wide array of amenities, Alfurjan has...
The Emirate of Dubai continues to solidify its position as a global economic powerhouse, once again emerging as the world leader in attracting foreign direct investment (FDI) in new companies. Crown Prince Sheikh Hamdan bin Mohammed Al Maktoum proudly announced that Dubai secured the top ranking in the fDi Intelligence global rankings for 2022, with remarkable growth and an impressive influx of foreign...
Dubai-based conglomerate Al Habtoor Group has recently announced its ambitious venture to construct one of the world's largest residential towers in the dynamic city of Dubai. The Habtoor Tower, spanning an impressive 81 floors and encompassing a sprawling built-up area of approximately 327,000 square meters, aims to redefine luxury living in the heart of the bustling metropolis. With an unparalleled...
UAE-based real estate developer Q Properties, a subsidiary of Abu Dhabi's Q Holding, has unveiled the second phase of its prestigious Reem Hills project. This announcement comes on the heels of the remarkable success of Phase One, which saw all units sold out in record time. Situated in the heart of the capital, Reem Hills is the sole gated community on Al Reem Island, making it an appealing choice for...
Dubai's real estate market has experienced significant changes in the first quarter of 2023, with rental prices soaring across various neighborhoods. According to a recent report by property portal Bayut, popular areas in Dubai have witnessed substantial price hikes, favoring sellers and landlords. This article explores the notable rental price increases in both luxurious and affordable neighborhoods,...
Dubai-based property developer Deyaar Development (Deyaar) has announced stellar financial results for the first quarter of 2023, highlighting a remarkable 125% increase in net profit compared to the same period last year. The company's robust performance reflects its sustained growth and financial stability within Dubai's thriving real estate market. Deyaar's impressive Q1 figures can be attributed to...
Introduction: Nestled within the prestigious Meydan district, the Keturah Reserve Townhouses redefine the standards of luxurious living. Set in the heart of Meydan's first-ever Wellness Community, this exclusive residential development offers a harmonious blend of opulence, tranquility, and holistic well-being. With its impeccable design, captivating landscapes, and a myriad of exceptional features,...
Dubai, known for its thriving real estate market, has recorded impressive figures in its latest weekly report. According to data released by the Dubai Land Department (DLD), a total of 3,050 real estate transactions were conducted during the week ending on May 5th, 2023. These transactions amounted to a staggering AED10.4 billion or approximately $2.8 billion. The report showcases the continued strength...
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