On October 14, everyone is invited to the Open House, where they will be able to view and buy luxury villas in the Garden Homes community on Palm Jumeirah.
In 2022, Dubai’s real estate market experienced a boom in demand from foreign buyers. The investment increased by 80%. Wealthy investors are attracted by the most expensive and fashionable locations, where you can earn on a 30-40% rise in property prices or get a stable rental income in a few years.
Every year the UAE real estate market becomes more and more attractive for investors and agencies. According to DLD, in May 2022 a total of transactions worth 26.5 billion dirhams (about $70 billion) were concluded. The deals generated over AED240 billion, up 61% from 2021.
Today, the UAE stands as one of the most economically and politically stable regions globally, attracting significant investments, particularly in the real estate sector. Among the emirates, Dubai, renowned for its success and openness, has emerged as the primary point of attraction. Year after year, Dubai strengthens its position as the main business and tourist hub of the UAE. The real estate sector plays a vital role, constituting approximately a third of Dubai’s economy, and it has experienced an impressive quadrupling in market size over the past two years alone.
The possibilities of fraudsters have grown through technical progress. As a result, in many parts of Dubai, investors and landlordes are victims of real estate fraud. In this situation, it is always advisable to exercise caution and only turn to reputable companies.
Just outside of downtown Dubai is the gated community Arabian Ranches. A lot of locals live there in beautiful luxury villas or semi-detached houses. The complex is conveniently located on Sheikh Mohammed bin Zayed Road and can be reached quickly from Jumeirah Beach.
The Mall of Arabia is the name of a planned shopping mall in Dubailand. The mall should one day be the largest in the world with many shops and of course should one day surpass the Dubai Mall in terms of the number of shops and visitors numbers.
The selection of hotels, especially in the upper luxury range, and apartments is very large in Dubai. The most famous hotel in Dubai is of course the Burj al Arab and right after that comes the Atlantis The Palm Dubai Hotel.
Golfing in Dubai is very popular, especially during the winter months, as the temperatures are perfect there. Golf enthusiasts will get their money’s worth in the desert state of Dubai. When they play around on one of the numerous and beautifully landscaped golf courses.
A particularly interesting attraction in Dubai is Love Lake Dubai. This is an artificially created lake that has the shape of two hearts. As one is used to from the Emirates it is of course spectacular again.
Bastakiya is an ancient district of ultra-modern Dubai in the United Arab Emirates, which keeps the history and culture of this region, is the center of its monuments and attractions.
The ethnographic village was built in 1997 in the historical district of Shindag as part of the folklore program of the Trade Festival. A visit to the Diving Village is a kind of time machine that allows you to see firsthand the striking contrast between modern Dubai and what it was just half a century ago. In the 1960s, oil was found on the coast of the Persian Gulf, and the era of hydrocarbons began for the emirates, turning the UAE into a rich and prosperous country. Oil revenues have created a fantastic desert paradise.
Experts argue that the Dubai real estate market may be the winner after the COVID-19 crisis, citing the effects of similar epidemics in the past. Julian Roch of Cavendish Maxwell stated that the real estate…
Rental property in Dubai is in great demand. The lion’s share of the urban population consists of foreigners, for whom it is much easier to rent property than to buy. And this is not to…
There are a total of 125 bus routes in Dubai, with an additional 11 routes added in April 2017. There are a total of 125 bus routes in Dubai, with an additional 11 routes added…
