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.
If you want to buy a property in Dubai, then you shouldn’t procrastinate with your decision, JLL consultancy experts say. Given the current situation will stay at the emirate’s housing market for some months, there is every chance that prices may start increasing in the next 12 months.
Dubai Properties has launched affordable apartments sales in Remraam residential community located in Dubailand district of Dubai, which will accommodate 4,000 apartments, plus shopping and community centers.