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.
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.
Developer Hussein Sajwani has amassed immense wealth in the real estate sector, employing unique promotions and leveraging his friendship with Donald Trump.
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.
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.
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.
The Emirate is taking major strategic steps to diversify its economy, aiming to increase the flow of people, companies, and investments.
DAMAC Properties has been operating in the residential real estate market in Dubai since 2002 as a division of DAMAC Group, a multi-purpose enterprise founded in 1982.
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.
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…
We will explain here whether mobile phones can be bought cheaper in Dubai. You can get all the latest devices from well-known brand manufacturers in the city.
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.
For a vacation, the best time to travel to Dubai is between November and April. The temperatures there range from 25 to 30 degrees and these are perfect for a stay in the desert emirate.
The largest city in the United Arab Emirates, Dubai is considered the most important trade and financial center of the Middle East. It is also one of the most popular tourist destinations, especially in winter.
In recent years, sports in the UAE, like much more, came to a completely new international level. For the highest deadlines, the United Arab Emirates proved to the world that can reach high sports achievements and take the leading position.
Dubai is the premier sports capital of the entire Middle East region. Here your attention will be provided with various types of competitions and international championships, golf, tennis, equestrian sports and car racing, ice skating, and scuba diving. The local climate and modern sports facilities make Dubai an ideal destination for sports enthusiasts and outdoor enthusiasts. The pride of the United Arab Emirates is camel racing.
When you think of Dubai, you usually see tall skyscrapers, pompous hotels, and a huge cityscape in your mind’s eye. When it comes to the subject of “nature”, only man-made green oases, islands, and golf courses come to mind. But Dubai and the surrounding area have much more to offer.
While Dubai admires many bright high-rise buildings and shopping malls, neighboring Sharjah uses a more subtle method to attract tourists, which allows it to focus on the emirate’s culture and history, forgetting the glamour of luxury. Some travelers are repulsed by conservatism, but if you can spend a day or two without beer, Sharjah will be a great place to visit.
The UAE has built numerous golf courses, five of which are world-class 18-hole green fields. Dubai Emirate is a pioneer of golf in the Middle East. The Dubai Desert Classic Golf Championship, which has been held since 1989 on the golf courses of «Emirates» Club, became a shining event of sports life in Dubai.
Jumeirah is the most popular coastal area in Dubai with tourists and locals alike. The best beaches in the city and luxurious residences are located right here.
Dubai is not short of superlatives. Now the metropolis is getting a new highlight: US real estate tycoon Donald Trump is building two gigantic hotel towers on an artificial island off the coast. The project…
The largest city in the United Arab Emirates, Dubai, is a city of superlatives. Immense skyscrapers – the Burj Khalifa, with its 818 meters height, is the highest tower in the world – gigantic shopping…