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.
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?
For individuals keen on generating passive income through long-term investments, apartments stand out as a lucrative bonus on the investment landscape. This property attracts with its cost and faster payback.
Flipping is an investment strategy where a property is purchased at a low price, renovated, and sold for a higher price. Of course, it’s more complicated. For successful flipping, it is important to take into account the potential of the apartment: the convenience of location, the presence of social facilities, the amount of repair work, and the amount of investment.
The premium villa and townhouse market in Dubai and other UAE emirates is currently experiencing distinctive dynamics, capturing the interest of investors. This segment is recognized as one of the most competitive in the region, where a combination of limited supply and high demand creates a dynamic and vibrant environment.
Choosing a property in Dubai that promises high returns is no easy feat. Behind each project lie captivating renders depicting a luxurious lifestyle and promising prospects. However, many agents remain silent on crucial aspects. Let’s explore how to ensure successful real estate investments in Dubai.
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.
We extend our welcome and are excited to present our latest analytical review. Bloomberg recognizes the Dubai market as one of the most promising and accessible globally. Dubai currently holds the fourth position in luxury housing offers. Russian investors took the lead in real estate acquisitions, spending over 800 billion rubles last year, according to expert estimates.
Today we suggest looking at this issue from a different perspective: let’s look at the benefits of working with an agency when buying and selling real estate in Dubai.
Price is the most volatile element in any market, subject to influence by various factors that can lead to unexpected consequences, often beyond the foresight of experienced analysts.
We will explore how the installment plan system works in Dubai, the conditions offered by developers, and answer the question of what consequences are possible if payments are made late.
Dubai is unique in many ways, and its status as “the one” is more evident than anywhere else in the world. Here you can find the highest, deepest, widest, largest, first, most expensive, and unique objects. Certificates from the Guinness Book of Records have become commonplace here, not a rare occurrence. TripAdvisor has named Dubai the world’s top travel destination for 2023 and the safest.
Serviced offices are a unique format of office real estate, where the operator of the service space provides a full range of services for successful business. This format includes everything from the ability to accommodate employees to the provision of reception services, cleaning services, coffee ladies, and a carefully thought-out technological infrastructure for office management.
The United Arab Emirates (UAE) stands out as a premier destination for foreign nationals seeking real estate investments. Dubai, in particular, competes vigorously with the capital, Abu Dhabi. Despite a real estate market slump during the 2019-2021 COVID-19-induced depression, Dubai rebounded and demonstrated robust growth in 2022, with property prices soaring by 9.94% and rental prices surging by 23.69% in July.
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.
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”.
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First: The why. Specifically, why do you need to rank in search engine results pages? The answer: A Sistrix study on mobile users’ click behavior revealed that 28.5% of Google clicks land on the first…
Moving to the United Arab Emirates with furry creatures is a tough test for both parties. The article will tell you what you need to know to live in Dubai with your beloved family.
The UAE has an unspoken «tax paradise» status among entrepreneurs around the world: there can be zero taxes on profits, real estate, capital gains, and income of individuals.
The UAE is one of the most popular regions where foreign entrepreneurs transport business. Companies here feel comfortable.
The types of real estate investment in Dubai available to foreign investors, the potential yield from resale or rental, and the central myths about buying housing in the UAE.
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.
A spectacular building in Dubai is the Museum Of The Future that you should see as a tourist. As you can tell from the name, everything revolves around the future. You see things there that don’t exist anywhere else.
Welcome to MyDubai.Media, is the ultimate online guide for discovering the finest attractions and experiences in Dubai. We pride ourselves on curating and sharing the most captivating and shareable content that showcases the best of…
In Emirate Dubai, everything is perfectly air-conditioned and as a tourist, you do not need to be afraid there that you have to sweat. Where this is exactly what we will describe here. There is a lot to consider.
For tourists, a Dubai city tour by taxi is possible. Here you get information about the prices and whether this is to be recommended at all.
A particularly interesting attraction in the Dubai Mall is The Emirates A380 Experience. This is a flight simulator where you can fly with an Airbus A380 and the in the middle of the shopping center. What this costs exactly and what you have to consider would we want to explain here. But it’s a lot of fun and you should do this if you are interested in planes.
Admittedly, Dubai is not necessarily the first choice for a very special marriage proposal and honeymoon afterward. Tropical travel destinations are more likely to score points. But on Valentine’s Day, the metropolis between desert and sea can certainly come up with romantic moments. Dubai Tourism has a few tips.
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.
