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.
Earning income from rental properties has been quite popular in Dubai in recent decades. Renting in Dubai guarantees a return of 4 to 9 percent, according to analytical data in 2023. This area is developing rapidly every year. The advantage of investing in real estate is a high percentage of income, reduced risks, protection of capital from inflation, as well as favorable conditions for owners, and terms of concluding a contract. We will consider the key points that investors and tenants planning to invest their savings in UAE real estate should pay attention to.
Today, the issue of buying a villa in Dubai is becoming increasingly popular both for those who want to move to Dubai and live as comfortably as possible and for those who are engaged in the renovation of villas for resale. In this article, we will talk about houses and villas in Dubai, UAE.
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 Edge residential complex under construction is two multi-story towers from the Select Group company, located on the banks of the Dubai Canal in the Business Bay area. They offer apartments with 1 or 2 bedrooms. The complex has all the conditions for a comfortable stay. Residents have access to a wide range of additional services. The territory is closed from unauthorized persons; the security service is responsible for security.
Dubai is a city that most people associate with luxurious living. Outstanding scenery and developed infrastructure have made Dubai a popular destination for families looking for a new home. The city is characterized by a wide selection of real estate, including villas, apartments, and townhouses. So families can find properties that suit their budget and lifestyle. Let’s look at Dubai’s main real estate options for different budgets and lifestyles with prices in dollars.
Over the past 50 years, few places on Earth have undergone as drastic a transformation as the United Arab Emirates.
Dubai is expanding every year. There are regular new areas and residential complexes that attract tourists and expats with unique architecture, developed infrastructure, and comfortable conditions.
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.
An overview of Dubai’s most popular projects, launched in 2022, from trusted emirate developers. Description of residential complexes, their features, cost, and location.
We calculated the cost of moving to Dubai, including document design, necessary requirements, rental prices, and first-month expenses.
Today, as we look at Dubai, which is a global financial and cultural hub, it is hard to imagine that only 50 years ago it was an unnoticed fishing village. Today, Dubai attracts tourists from around the world and it is home to the richest people on the planet. But how did this small village become a luxurious metropolis? And why is Dubai’s success unrelated to oil?
Real estate investment is a reliable way to save and diversify savings, and the UAE remains one of the most popular destinations for such investments.
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.
Jumeirah Village Circle (JVC) is a freehold community located in downtown Dubai. This prestigious district, which began to develop in 2005, is growing rapidly, offering excellent infrastructure and being a comfortable place to live for working people, families with children, and businessmen. Due to the large selection of luxury real estate JVC is extremely profitable for investors. The excellent accessibility of the area enables easy access to any other business or residential sector in the emirate.
DAMAC Lagoons is a new area of townhouses and villas. The construction began in late 2021. It occupies over 4 sq. km of the Dubai Golf City area, located south of Sheikh Zayed bin Hamdan Al Nahyan Road, next to the Remraam and Damac Hills communities. The general developer is the private company DAMAC Properties, which has already completed dozens of projects throughout Dubai.
Minimal taxes, quick payback, 5% per annum yield, great infrastructure, and high level – everything you can get for your investments in the UAE hotel business.
There are new security standards at Emirates for passengers who want to fly to Dubai during the Corona Pandemic with this airline.
The five-star luxury hotel Crowne Plaza Dubai Festival City is highly recommended for a city break. Also interesting for shopping because right next to it is one of the largest malls in Dubai.
Before a flight to Abu Dhabi, you should also inform yourself about the Etihad luggage rules. These are always dependent on which tariff and flight class you have booked.
The Le Royal Meridien Beach Resort & Spa is one of the most beautiful beach hotels in Dubai. It is perfect for families with children who want to spend a beach holiday in Dubai. It is a five-star luxury hotel in the metropolis that is a bit older. But it has been renovated in the meantime and of course, shines again in new splendor. It can easily keep up with the other hotels.
The Movenpick Hotel Jumeirah Beach is located in the best location in Dubai and is only a few meters from the beach. Furthermore, it offers a good price/performance ratio and is interesting for tourists who want luxury and do not want to spend too much money on it.
On the spectacular palm island of Dubai is the Fairmont The Palm with 381 rooms and suites. For a beach holiday with the family, this luxury hotel is a good choice. However, you must also know before booking it is still built there.
Saadiyat Beach Golf Club, a prestigious golf course located in Abu Dhabi, has been selected as the venue for an upcoming Challenge Tour event, which is set to take place in the near future. This…
Rixos The Palm Dubai is located on the man-made island of The Palm Jumeirah. The location is unique there at the eastern end of the outer ring of the island and is therefore perfect for a beach holiday.
There is an Arabic proverb: “Who lives sees, but who travels sees more.” Travel is eye-opening. You taste new flavors, have new experiences, meet new people and perspectives, and make new memories that will stay with you for the rest of your life and make it more colorful. We think you should definitely put the United Arab Emirates on your bucket list of travel destinations, and Dubai in particular. Here are just 10 reasons why Dubai really is worth it.
A great view can be enjoyed from the JA Oasis Beach Tower in Dubai. It is a tower with 45 floors where the apartments even have a balcony. But there are no longer any on the upper floors because this is simply too dangerous. The view of The Palm Jumeirah is of course breathtaking from up there.
Here we present the 10 highest hotels in Dubai. From the hotel rooms, you have a great view of the city skyline. When booking, we recommend that you always ensure that you get a room on the upper floors. It is definitely worth it and you will be amazed. You can also take great photos.
A beautiful hotel on Yas Island in Abu Dhabi is the Yas Island Rotana. Furthermore, it is known for its good price/performance ratio. This means that if there is no Formula One car race taking place there, you can stay overnight very cheaply in the capital of the United Arab Emirates. It’s a four-star superior hotel, but it would certainly have gotten five stars in other countries. As is well known, the hotel standard in Abu Dhabi is very high.
The Jumeira Rotana is a city hotel in Dubai with a very good value for money. It’s an older hotel, but the rooms have been renovated. That means you can book an overnight stay there without hesitation. The hotel category is four stars and the United Arab Emirates in particular have a very high standard in hotels.