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...
million in realty transactions on Wednesday alone. According to data released by Dubai's Land Department (DLD), the sales included 419 villas and apartments worth AED711.48 million, along with 21 land plots worth AED119.4 million. The surge in real estate transactions in Dubai is a positive sign for the city's economy, which was heavily impacted by the COVID-19 pandemic. The rebound in the real estate...
Dubai's luxury real estate market continues to reach new heights, as Majid Al Futtaim Properties recently set a new standard for luxury by selling a villa mansion on Lanai Island for a record-breaking AED 200 million. This deal represents the highest ever in the Tilal Al Ghaf project, a luxury residential community that has become a favorite destination for buyers seeking the finest levels of luxury in...
Dubai's real estate market is on the rise, with home prices up an average of 20% from their 2020 trough. This growth has been fueled by a combination of factors, including strong demand from cash buyers and an influx of investors from China. Additionally, structural reforms and high rental yields are also helping to drive demand for real estate in the city. According to recent reports, Dubai real estate...
Dubai's real estate market is one of the most attractive investment destinations in the world. With its stable economy, attractive tax policies, and unparalleled lifestyle offerings, Dubai continues to attract investors from all over the globe. One of the hottest investment opportunities in Dubai's real estate market today is Azizi Vista, a new launch development located in the vibrant community of Studio...
If you are renting an apartment in Dubai, it's important to understand the maintenance responsibilities of both the landlord and the tenant. In Dubai, the relationship between landlords and tenants is regulated by Law No. 26 of 2007, which outlines the rights and responsibilities of both parties. According to the Dubai Rent Law, it is the responsibility of the landlord to carry out maintenance and...
ZāZEN Properties, a leading sustainable property developer in the UAE, has announced that 75% of the units at its off-plan development within the Al Furjan community in Dubai have been sold out. ZāZEN Gardens, a Leed-Gold-certified development, features a total of 159 apartments ranging from 824 to 1,612 sq ft, as well as two retail outlets on the ground floor. With construction work already 25%...
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