In the past year, the Dubai Land Department (DLD) disclosed that there were 129,000 transactions, amounting to over AED400 billion in property sales in the city. Despite a substantial increase in luxury prices in recent years, Dubai continues to be a preferred destination for international investors. Unique Properties, a prominent real estate agency, reported a remarkable 57 percent surge in deals in...
The reasoning behind the homes crafted according to these principles lies in their focus on user-friendly design, efficient utilization of space, adequate ventilation, and the incorporation of natural light. There is a growing trend among Indian and Chinese property buyers in Dubai, as they express a heightened interest and request for properties that adhere to Vastu and Feng Shui...
In 2023, there was a 57% increase in Dubai real estate transactions, with property sales exceeding AED 400 billion. Since the lows of the pandemic in late 2020, property prices in Dubai have surged by 225%. The centimillionaire population in Dubai is expected to increase by nearly 80% by the year 2033. Dubai, UAE: Despite a significant increase in luxury prices over recent years, Dubai's real...
The trajectory of rental prices plays a crucial role in determining the prospective demand for Dubai's property market. Research suggests a growing disparity between new and existing rental lease agreements in Dubai, often resulting in a notable contrast between occupied units and those vacant or marked with a 'vacancy notice.' The implementation of rent stabilization regulations has effectively...
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