Articles on the topic "luxury real estate UAE"

Sky Palace Ras Al Khaimah Sells for Dh130 Million | Record-Breaking Ultra-Luxury Property Sale
Ras Al Khaimah recorded its highest-value single-unit home sale with the Sky Palace at Waldorf Astoria Residences fetching $35.4 million (Dh130 million), signaling strong international demand for ultra-luxury waterfront properties in the northern emirate.
UAE Realty Awards 2025
The UAE Realty Awards 2025🌟 Revealed: The Winners of UAE Realty Awards 2025 by Finance World Magazine, hosted by Finance World Magazine, brought together the most influential names in the country’s booming property and finance…
Since the establishment of the United Arab Emirates, the Emirs of Abu Dhabi have exerted substantial efforts to transform the fragile union of monarchies into a centralized state.
In 2022, according to Metropolitan Group reports, luxury property prices in the United Arab Emirates doubled, and sales increased by 130%, reaching Dh11 billion. The number of real estate purchase transactions in the country increased more than 10 times compared to the previous year, with the average transaction value being more than 4 million UAE dirhams ($1.2 million).
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.
The COVID-19 pandemic had a significant impact on the real estate market in the UAE, resulting in dynamic growth across all housing segments, from economy to luxury. Investment attractiveness, wide business opportunities, the loyalty of legislation, and the availability of mortgage loans have become the main motivators for this growth.
In the fiscal year 2022-2023, Dubai witnessed an unprecedented surge in its real estate market, with a staggering 80% increase in property transactions compared to the previous year. The total sales volume surpassed an impressive $57 billion.
In the center of Business Bay, in the fashionable territory of the United Arab Emirates, rises the 69-story Paramount Dubai hotel, turning into a real “blockbuster” of hotel offerings. Here, with the help of modern media technologies, every corner, from the 823 rooms to the lobbies and lounges, is imbued with the glamorous atmosphere of American cinema.
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.
The UAE has one of the most developed real estate markets in the world, offering a wide range of apartments, houses, villas, and penthouses. There has been a recent surge in demand for private houses, townhouses, and villas in Dubai that come with their own gardens and swimming pools. Over the past year, property sales have increased by 57%. The largest increase in prices occurred in the premium villa segment.
We analyzed the 9 most common myths about Dubai. Is everything really that expensive? Is it impossible to buy a SIM card? What about clothes? Continued in our article.
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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…
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.
Purchasing real estate abroad as one of the investment options is a fairly popular way of investing all over the world. Let’s take a look at the benefits of buying property in Dubai – land near the Persian Gulf.
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.
The MENA (Middle East and North Africa) region is formed by about twenty states of the Middle East and North Africa – the UAE, Saudi Arabia, Qatar, Egypt, and Algeria, with a total population of 355 million people. This is a growing market, it is actively developing and attracts entrepreneurs and investors from all over the world.
The UAE is a country that, due to its favorable tax legislation, developed economy, and powerful IT infrastructure, has become an attractive hub for IT specialists, startups, and branches of IT companies from all over the world. This created non-trivial conditions for finding qualified personnel.
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.
Huge malls for shopping lovers, breathtaking attractions for fans of extreme entertainment, restaurants, and snow-white beaches. Dubai has everything to make your holiday unforgettable.
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.
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. 
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.
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.
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Dubai epitomizes luxury, with its journey from a humble fishing port to a dazzling global metropolis being nothing short of spectacular. Witnessing the city of gold for the first time is a breathtaking experience, with…
The choice between Dubai and Oman has confronted many investors lately, so let’s figure it out.
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.