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.
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.
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In today’s world, Dubai is the pinnacle of vacation spots. The emirate, often known as the Venice of the Gulf, has everything you could want for a getaway, from natural beauty to breathtaking engineering feats…
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.
In recent years, Dubai’s real estate market has witnessed significant development, setting remarkable records that have given rise to both positive and negative myths.
Dubai is considered one of the most vibrant and rapidly growing cities in the world, continuing to stun the world with its ambitious construction projects. The real estate market in the city provides a vast array of investment opportunities, particularly in the new construction sector, where the city aims to enhance its reputation as a global business and financial center.
The real estate market in this small emirate has become a focal point for global investors. According to the Dubai Land Department, there were over 61,000 transactions from January to June 2023, a significant 43% increase compared to the same period last year.
In 2002, the landscape of Dubai’s real estate underwent a significant transformation when the government of the United Arab Emirates granted foreign citizens the right to own property in Dubai. This move initiated a construction boom that attracted investors from all over the world. With the market recovering from the COVID-19 pandemic in 2022, the demand for real estate has increased significantly, with the weighted average price per square foot increasing by 10.26%, reaching AED 1,019.
Designed by the renowned Spanish architect Santiago Calatrava, known for his innovative designs, the Dubai Creek Tower represents a fusion of modern technology and aesthetic beauty. Its architectural concept, inspired by nature, captures the elegance of a blooming lily flower.
What do you need to consider when looking for an apartment for a successful sale with a good margin? Three key criteria: the potential of the apartment, the condition of the house, and the location. At first, you will have to rely on your intuition, but with experience, you will be able to immediately see potential “diamonds”.
Dubai is a city that attracts people from all over the world with its modernity, diversity, and high standard of living. Many people want to buy property in Dubai, and in this article, we will tell you how to do it.
The real estate market in Dubai has experienced a significant increase in 2021-2022, with prices rising over 30%. This trend is expected to continue as demand for local houses and apartments remains high. In the first quarter of 2023, there were over 30,000 real estate transactions, indicating a strong interest in the Dubai real estate market. This also allows us to make bold forecasts for further growth and expect new records this year.
The UAE residential real estate market continues to develop rapidly. Developers are launching new projects aimed at a premium audience. In partnership with Marriott International, MAG Group is constructing the Ritz-Carlton Residences. The opening event will be highly anticipated in Dubai.
Since 2019, foreign citizens can fully own real estate in special freehold zones in the UAE, resulting in a growing number of home buyers.
On October 27 Emaar Properties, will organize the much-anticipated Open House at the developer’s office at Rashid Yachts & Marina.
Dubai, known for its incredible feats of architecture and engineering, is a popular destination for real estate investors seeking quick profits through property flipping. But be careful, not everything that glitters is gold.
What it feels like to vacation in a rental property on The Palm. In your own villa with eight rooms, three-and-a-half-meter high ceilings, and a view of Burj al-Arab to the left on the horizon.
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Dubai is well known for its opulent lifestyle and breathtaking vistas. Dubai lures millions of tourists each year with its towering buildings, lavish malls, and man-made islands. But there’s a lot more to this metropolis…
What kind of sea in the UAE interests everyone who goes on vacation to this country? It is located on the Arabian Peninsula, in a northeast direction.
Bur Dubai and Deira are often confused, but both have many budget hotels and real estate options. Initially, the area in which Bur Dubai is located was the center of Dubai. However, today this area is located in the east of the city.
Developer Nakheel Properties presents a new residential project on the Palm Jebel Ali islands with favorable purchase conditions and return on investment.
When going on vacation to the United Arab Emirates, many people think about where and how to spend their vacation. This article presents to your attention the top ways to spend time in Dubai, one of the most luxurious cities in the United Arab Emirates.
Long-term rent is usually chosen by couples of different ages. They most often prefer double apartments on the territory of the family community with a developed social infrastructure and places for entertainment.
Due to the favorable conditions, it is very tempting to invest in Dubai’s residential real estate market. Today we will tell you how to invest in UAE facilities and what to consider depending on the selected goals.
The past two decades have seen significant fluctuations in the Dubai housing market. Between 2002 and 2008, the city experienced rapid growth and real estate prices quadrupled, making it one of the fastest-growing cities in the world.
Renting an elite villa in Dubai can cost $50,000 per day, while purchasing can cost more than $100 million. Let’s try to analyze the situation with prices in the UAE.
A nice tour can be done with the Dubai Ferry where you can see a lot. In total there are two boats spread around the city that can be used by tourists. One ferry is stationed at Dubai Marina and the other at Dubai Creek.
The Abra is a very popular water taxi in Dubai. The relevance is often compared to a gondola in Venice. She is a water taxi with space for up to 20 people. At first glance, it may not be very stable, but both locals and tourists like to use the Abra and, above all, do not have any problems. In addition, all Abras in Dubai has been equipped with extensive safety features since 2008. Life jackets, rescue buoys, and first-aid kits are part of Abra’s standard equipment.
If you are interested in Arabic coins then you should visit the Coins Museum Dubai. It’s definitely very interesting and you can see coins there that you’ve probably never seen before.
Jebel Ali is far from the center of Dubai. Known for the port, free trade zone and where there is also a nice hotel. This region of Dubai is currently still being heavily developed. A lot is being built. Al Maktoum International Airport is also nearby. This is to be expanded into the largest airport in the world.
