2025

Dubai real estate sector recorded $4.6bn of transactions last week

Dubai’s real estate sector recorded transactions totaling AED17.05bn ($4.6bn) last week, as per data from the Land Department. Sales transactions made up the bulk of this figure, amounting to AED12.31bn ($3.4bn), according to the Land Department’s records. A total of 4,153 sales transactions were recorded between February 3 and February 7. Dubai Real Estate This Week Among the highest-value...

Is it a good idea to flip property in the current market conditions?

Question: What are your thoughts on purchasing a property for Dh1 million ($272,260) with the expectation of reselling it for between Dh1.2 million and Dh1.5 million? A developer launching multiple properties in the same area would increase supply, making more units available. Why should I buy now? If the argument is that the same developer may raise prices to Dh1.5 million or Dh1.7 million in a few...

Property buyers to pay higher upfront as banks stop financing DLD, brokerage fees

Starting next week, property buyers who opt for a mortgage will need to pay the Dubai Land Department (DLD) fee and the brokerage fee upfront. Real estate industry experts noted that banks had previously covered these costs—DLD’s four per cent fee and brokers’ two per cent commission—within the total mortgage. As of February 1, 2025, UAE banks will no longer finance the DLD fee and brokerage...

Is Dubai the next big thing in real estate? Why it’s a smart investment

Dubai has become a prime destination, with its rapidly expanding real estate market and investor-friendly policies drawing interest from around the globe. With this in mind, TEKCE Real Estate, an international company widely recognized for its Spanish brand, Spain Homes, has launched its 20th office in Dubai. This article explores the thriving real estate sector, impressive market statistics, and the...

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