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.
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.
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?
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.
Fresh air, clean sea, vast natural beaches, stunning mangroves, a hub of cultural and educational activity, and a high level of development – Abu Dhabi is a genuine paradise on earth. Astute investors are increasingly focusing on the real estate market in this rapidly advancing emirate, recognizing its immense growth potential. Projects like the Louvre Residences and Saadiyat Lagoons on Saadiyat Island or the Yas Golf Collection on Yas Island offer exceptional opportunities for both residence and investment.
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.
In recent years, Dubai has emerged as a prominent player in the global crypto and blockchain industry. By 2024, the city-state had not only consolidated its position as a major financial hub but had also become a magnet for crypto investors and digital currency startups. The Dubai government actively promotes crypto industry development by implementing regulatory measures and fostering a conducive environment for cryptocurrency transactions.
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.
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 real estate market in the United Arab Emirates sets new records year after year, and in 2023, it grew by tens of percent. This growth is expected to continue next year as the Emirates confirms its reputation as a global business center. This factor, together with tax benefits and quality of life, attracts wealthy people from all over the world, increasing the demand for real estate and rental rates.
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.
The stability and profitability of real estate investments in Dubai largely depend on the choice of location. In this guide, we will compare several well-known areas and analyze where it is most profitable to purchase real estate.
The United Arab Emirates is not only a territory with endless sandy deserts but also a center of business activity and finance. The region’s dynamic economic environment offers many opportunities for business financing. One of the key tools in this process is loans.
Dubai, one of the most developed cities in the United Arab Emirates, offers exciting opportunities for expatriates who own property in the region. Owning a property in Dubai provides not only economic benefits but also the full right to live in this dynamic and cosmopolitan city.
Today we suggest looking at this issue from a different perspective: let’s look at the benefits of working with an agency when buying and selling real estate in Dubai.
Last year, the United Arab Emirates once again secured a position in the top 10 countries for global competitiveness. The renowned International Institute of Management Development (IMD) compiled the rating, analyzing world economies based on 336 criteria grouped into four key categories: financial performance, entrepreneurial activity, government effectiveness, and infrastructure quality. The leaders of this list create ideal conditions for business development, ensuring rapid economic growth.
The liquidity of a real estate property refers to its ability to be quickly sold without significant losses in the original cost.
Price is the most volatile element in any market, subject to influence by various factors that can lead to unexpected consequences, often beyond the foresight of experienced analysts.
Dubai has secured its position as one of the world’s top ten cities in the 2024 World’s Best Cities Report. Notably, it is ranked as the best place to live, visit, and invest.
The journey of investors in Dubai often involves navigating through challenging mistakes arising from practical situations in a market marked by its diversity. Understanding the intricacies of property ownership is crucial, including different statuses such as freehold, 99-year leasehold for specific locations, and properties inaccessible to foreign investors.
We extend our welcome and are excited to present our latest analytical review. Bloomberg recognizes the Dubai market as one of the most promising and accessible globally. Dubai currently holds the fourth position in luxury housing offers. Russian investors took the lead in real estate acquisitions, spending over 800 billion rubles last year, according to expert estimates.
Right now, the dynamic property market in the Emirate is witnessing the emergence of new trends that are shaping its landscape. These trends encompass migration patterns, changes in buyer demographics, luxury property transformations, resale dynamics, stability in the mid-market, and the infusion of new technologies into the home services sector.
The premium villa and townhouse market in Dubai and other UAE emirates is currently experiencing distinctive dynamics, capturing the interest of investors. This segment is recognized as one of the most competitive in the region, where a combination of limited supply and high demand creates a dynamic and vibrant environment.
Real estate in Dubai frequently triggers apprehensions and uncertainties. However, let’s delve into these concerns together to understand why Dubai continues to stand out as one of the most captivating destinations for both residence and investment.
When exploring listings on the secondary market in Dubai, you may come across apartments priced as low as 1.1 million. However, their diverse characteristics, including location, size, floor, or window view, could be decisive factors. Therefore, while the price may seem low, the overall cost per square foot and available options may turn out to be higher.
If you seek to stand out and appreciate unconventional solutions, you’ll be intrigued by the “country dachas” on an artificial archipelago. The Floating Seahorse project from the Kleindienst Group features unique floating homes with underwater floors and their own coral reef gardens. These are high-tech vessels located 4 kilometers from the coast, consisting of three levels.
