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, one of the most impressive cities globally, is renowned for its unique projects, and Palm Jebel Ali stands out as one of the largest artificial islands with grand prospects. The new palm-shaped island aspires to replicate the success of Palm Jumeirah, which has become an integral part of the city’s landscape. Let’s delve into the details of this exciting project.
As of the beginning of the second half of 2023, 35% of projects in Dubai were commissioned behind schedule. The average delay in commissioning for new buildings was six months, with larger projects experiencing a lag of up to two and a half years. 41% of projects delivered at the wrong time are delayed for 10 years.
Dubai is famous for its investment appeal, but often the spotlight falls on the same well-known areas that everyone talks about and aspires to explore. However, within this dynamic and rapidly evolving city, there exist lesser-known gems, where the potential for comparable or even superior returns on investment is ripe.
Fresh seawater, a private beach, and investment attractiveness – what should you consider when choosing your dream home?
Dubai is a city famous for its skyscrapers and luxury. Every year, thousands of tourists visit here to bask in the warm and bright sun and to swim in the crystal-clear waters of the sea. But what if you want to not only enjoy your holiday here but also buy real estate in this city? In this article, we will discuss the advantages of buying an apartment by the sea in Dubai.
Omniyat’s portfolio includes various high-end properties. Some of these facilities have already been completed, while others are still under development.
The awards for Al Habtoor Tower and Serenia Living have sparked a new construction boom in Dubai. Experts say this is the best scenario for the UAE economy.
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.
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.
DAMAC Properties presents the luxury residential complex DAMAC Casa with favorable purchase conditions and return on investment. You should also pay attention to OMNIYAT, which presents the luxury residential complex Vela Viento.
Over the past 50 years, few places on Earth have undergone as drastic a transformation as the United Arab Emirates.
Developer Nakheel Properties presents a new residential project on the Palm Jebel Ali islands with favorable purchase conditions and return on investment.
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.
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.
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.
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.
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.
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.
Dubai’s real estate market has grown almost fourfold over the past year. The emirate is now one of the world’s most popular locations where foreigners purchase real estate.
Dubai is a modern and attractive metropolis that appeals to both business and leisure travelers. It is located on the Arabian Peninsula. Only 15% of the population are local residents, the rest are labor migrants. We tell you where it is better to live in Dubai and which areas in 2023 will be the most attractive for people who have arrived in the city for a long time.
Luxury is the most capacious definition that comes to mind when you need to describe Dubai in one word. Well, oriental luxury. Modern Dubai villas and palaces are built and maintained with the latest technology and only look like traditional fairy-tale houses from Aladdin’s Lamp or mansions from Victorian novels.
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.
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.
Here are hotel tips in Dubai for the year 2022 that you should definitely visit. There are always new spectacular hotels that are of course recommended for a vacation in the emirate. So it always remains exciting there.
A credit card is definitely required when traveling to Dubai. We will explain exactly where you need them here. If you don’t have one, you may have problems checking in at the hotel.
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.
2021 will be leaving us soon. Should we remind you about the most interesting articles that have been published on our website? Here everyone will find something interesting about luxury and wonderful Dubai.
The emirate of Dubai is very rich and of course, the residents benefit from what you can imagine. Those who were born there can consider themselves lucky.