Living in your dream home in Dubai, while shifting responsibility for all the problems and repairs to the landlord, seems like a tempting option. Besides, renting a home costs less in terms of time, efforts and money. But why do experts are continuously advised paying attention to the sales sector in case they’re planning to stay in Dubai for a long time?
More than 80 per cent of the off-plan real estate units by DAMAC in Dubai South sold out. Demand for hotel apartments keeps growing in the short run to the Expo 2020, while investors rushing to buy out gainful units ahead of the influx of guests. Read more to find, whether it’s wise to buy serviced apartments now.
Learn more about new special mortgage lending offers for expatriates in Dubai: 50 per cent of housing cost covered, with the mortgage term over 25 years. The emirate’s developers and banks welcome foreign investors and home buyers contemplating long-term living in the UAE.
According to the latest 'Global Cities' report by Knight Frank consultancy, a nice urban development plan and even wide facilities and amenities available are clearly not enough for a particular business district to succeed. A new bar is raised, and urban developments require a so called ‘wow effect’. Read more to find what it is all about.
Demand for middle- and low-priced property contains huge opportunities for the development of the affordable housing sector in Dubai, analysts say. Read more to find which Dubai areas offer the highest ROI, and what kind of dwelling one can afford having about AED200, 000 of annual income.
Dubai Land Department revealed official data: the emirate attracted AED78 billion of investments in real estate sector so far this year. Read more to find what other steps DLD plans to take in order to improve Dubai’s investment climate.
The upcoming Cityscape Global 2017 organizers tested the waters of investor expectations and preferences having confirmed the growing investor confidence in Dubai as the best city for real estate investments.
After several fires in Dubai Marina, emirate’s authorities have doubled their vigilance about fire safety and inspected all the old buildings for fire protection. Fines and replacement of combustible finishing materials will add security to skyscrapers.
Dubai central area of Jumeirah Lake Towers recently saw a launch of the ‘last off-plan project’, according to the developer. It will be a 40-story IGO Tower, which is already being built on one of the last free land plots in the area.
Dubai developers consider tomorrow’s needs of the ‘future city’ today through planning landing pads for flying taxis and roads for self-driving cars. Read more about fantastic changes Dubai is going to face in the nearest future.
To speed up the procedure for issuing construction permits in Dubai a special state Committee has been set up, and a strategy has been developed to unify the procedure through three easy steps to help Dubai property developers and investors meet their goals.
In the run-up to the Expo 2020, the number of new real estate projects in Dubai is surging up. The number of applications for new developments construction submitted and approved by Dubai Land Department during 6 months of 2017, exceeds last years’ figures significantly.
Dubai master developer Damac keeps launching new projects in the popular elite development of Damac Hills. This time, buyers are offered middle-priced apartments in two new residential towers overlooking the golf course in Damac Hills.
Experts define two strategies for buying property in the central Downtown Dubai district, differing in price and type of sales offers, while overall demand for freehold properties in the area increased by 9.8% in 15 months. Read more for the most preferred Downtown Dubai buildings and hottest sales prices in the area.