Real Estate

Investment in real estate in Dubai has been a popular trend in recent years. According to Forbes, in 2022 alone, the number of transactions for the sale of residential, and commercial real estate and land in Dubai increased by 77%. It is currently the year 2024, and the prices are still increasing.

Buying real estate under construction is a popular decision among foreign investors. Off-plan projects provide more favorable investment conditions. In this article, we will talk in detail about the benefits of investing in such projects and how to avoid possible risks.

According to statistics, there are 5 rainy days a year in Dubai. They usually occur in January-February and bring about 100 mm of precipitation. However, global climate changes and unforeseen cyclones can interfere with the overall indicators and make their adjustments. This is what happened on April 15-16, 2024 – in one of the driest areas of the world.

Dubai, United Arab Emirates – Finance World Magazine proudly announces that nominations are now open for the prestigious UAE Realty Awards 2024. This event honors the tycoons of UAE’s real estate industry.

If we look at the various failures associated with investment in real estate in Dubai, there is a question. Are you planning to buy an investment property? Read this article, it will help you not to lose money and make money on your investments.

Many people, having acquired a small capital, seek to invest it in purchasing an apartment for rent or subsequent resale. People who have accumulated more serious wealth prefer long-term investments in commercial real estate to diversify their assets and provide themselves with passive income.

You may have already heard that you don’t have to pay income tax when you resell real estate. The yield on local real estate can reach 10% per year, while in London and New York, it does not exceed 4–5%.

Often those who are going to buy a studio or a small apartment in a new building believe that “free planning” from the developer is carte blanche for any changes, and approval is not required for this.

We tell you how you can immerse yourself in one of the most popular, interesting, and profitable professions in the UAE. Do you want to be a realtor?

The Emirate of Ras Al Khaimah is becoming one of the most popular tourism and investment destinations in the Middle East.

Throughout last year, there was a boom in the real estate market in Dubai and the entire United Arab Emirates (UAE). The rise is easy to follow by the numbers: in 2019, just over 36,000 real estate transactions were concluded in the emirate, in 2021 – 54,000, and 2022 – 86,000. The total amount of transactions amounted to $56.5 billion, which is 80% higher than the same figure in 2021.

The rarer the winter sun graces us with its attention, the stronger our desire becomes to acquire a residence where sunlight is not just a fleeting guest, but a constant presence. 

Many people believe that paying a real estate expert is not necessary. You can try to find a free alternative or figure it out yourself. After all, the real estate market offers a variety of options. You can always find free videos, chat with a realtor from a developer, or get advice from another free or almost free consultant who is committed to helping you change your life.

With the rapid growth of inflation, the question of how not to lose your savings and where to invest them becomes especially relevant. One of the most popular options for saving money is investing in real estate.

In the world of real estate, Dubai occupies one of the leading positions, adhering to an innovative and progressive approach. It is interesting to consider the changes that will impact the market in the coming years.

When you open a business in the United Arab Emirates, it is important to understand that choosing a free trade zone (FTZ) is not just a formality. This is a strategic decision because a mistake here can result not only in loss of time, nerves, and extra money but sometimes in the destruction of the entire business. Before you sign the documents and invest in a license, let’s discuss how to prevent your dream from turning into a nightmare due to the wrong choice of FTZ.

There are four possible scenarios for making money on foreign real estate, presented for novice investors, in which even a small capital may be sufficient.

Home to the world’s tallest building, the Burj Khalifa, Dubai is renowned for its impressive hotels and shopping centers. However 2003, a new project worth billions of dollars captured the world’s attention.

Dubai has impressively positioned itself as a key player on the crypto stage. Its commitment to creating an attractive business climate means it is steadily attracting blockchain enthusiasts, investors, and innovative crypto companies. The city offers a solid basis for growth and innovation in the crypto sector through its progressive regulatory framework.

Most businessmen consider the UAE to be a perfect place for business development due to its favorable tax policy. However, there have been significant changes to standard tax procedures.

Projections indicate that the real estate market in Dubai will persist in its development and consolidation in 2024. In recent years, the emirate has made significant investments in infrastructure enhancement and the diversification of its economy, rendering it an attractive hub for business and tourism. Consequently, demand for real estate in Dubai remains buoyant, particularly for commercial and residential properties in prime areas.

According to Forbes, we looked at three of the richest individuals in the UAE. In this article, you will find out who they are and how they accumulated their impressive fortunes.

Are you running a business in the UAE but postponing accounting? You shouldn’t. Incorrect accounting can result in fines, account blocking, business suspension, and even a ban on operations in the UAE. However, with proper accounting practices, significant savings can be achieved. Professional bookkeeping can decrease company costs and boost revenue. And no, we’re not referring to illegal practices that could lead to penalties in the UAE.

We present to you the latest list of reliable developers in Dubai. These are leading companies in the market, whose projects have won awards and attracted the attention of leading investors.

The choice between Dubai and Oman has confronted many investors lately, so let’s figure it out.

The real estate rental market in the UAE is breaking records year after year and has grown by tens of percent in 2023. The momentum will continue this year as the Emirates confirms its reputation as a global business hub. This factor, as well as tax preferences and quality of life, attract wealthy people around the world here, which increases the demand for real estate and rental rates.

Many clients opt for real estate in the UAE due to its promising return on investment. In Dubai, for instance, the ROI ranges from 8 to 9%, contingent upon the property type and location.

Field inspectors carry out a long list of indispensable tasks
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In the realm of the real estate industry, the field inspection process holds the utmost significance, with field inspectors at its core. These dedicated individuals are responsible for the thorough assessment and appraisal of both…

An exciting story unfolded in Dubai in April 2023, demonstrating how investing in land can yield remarkable returns. Umar Kamani, the founder of the Pretty Little Thing brand, made headlines by purchasing a 7,500-square-meter plot of land on the island of Jumeirah Bay. Over just two years, this barren wasteland, devoid of any structures, skyrocketed in value, with every square centimeter becoming incredibly valuable. This wasn’t due to oil discoveries but rather because it was one of the last available plots in a prestigious location near the sea.

Dubai is not the lifeless desert it was once thought to be! The Emirates have debunked the stereotype that their land is uninhabitable. They have built the world’s tallest building on shifting sands and created oases of greenery, defying nature. The desert has transformed into a Garden of Eden, and here are the five greenest and most environmentally friendly areas of Dubai, where living is comfortable even at +40 degrees.

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