dubairealestate

Dubai’s real estate market is witnessing a remarkable surge in land and plot prices, driven largely by booming off plan sales. This is creating new opportunities for investors, but they must be alert in order to capitalise.The off-plan market, which now accounts for approximately 55 per cent of Dubai’s total real estate transactions, has experienced steady growth over the past few years, and currently...

The anticipated completion date for The Cube Residences is Q4 2026The Cube Residences offers a total of 54 uniquely designed apartments, featuring one- and two-bedroom unitsUAE developer AMWAJ Development announced the launch of ‘The Cube Residences’, its latest residential project. The project is located in the Mohammed bin Rashid City, District 11 in Dubai.The new development spans a total land...

Dubai Land Department launched the Real Estate Sector Strategy 2033 on Tuesday, targeting doubling the sector’s GDP contribution to AED73 billion and pushing the market value to AED 1 trillion, according to a report in Emirates News Agency (WAM)*.The strategy outlined a focused roadmap to elevate the sector’s economic impact on the emirate by “significantly increasing transaction volumes and...

Situated in the desirable Jumeirah area on the south side of the Dubai Water Canal, The Cliffs is expected to leave an enduring mark on Dubai’s skylineAcclaimed architects Kohn Pedersen Fox appointed to design landmark development along the Dubai Water CanalAGI Palace Group, the joint venture formed by Abu Ghazaleh Investments (AGI), the Dubai-based family-owned investment company, and ultra-prime...

Showeez Realty Brokerage Leads the Way for International Investors.Dubai has managed to hit a record high milestone in 2023 after it achieved a record residential transaction totaling 118,993-that is, an increase by 29.6% during the previous year. This spurt signifies that the overall real estate market of Dubai is booming and on a growth course, which is boosted by insatiable demand for superprime...

The project offers a total of 54 uniquely designed apartments with a mix of one- and two-bedroom units that range from 708 sq ft to 1,695 sq ftUAE-based Amwaj Development has unveiled its latest project in Dubai - The Cube Residences - located in District 11 within the Mohammed bin Rashid City. This is its second project after the successful launch of Starlight Park.The project offers a total of 54...

With the American election just days away, many are considering whether it might be time to flee the country—or at the very least, invest in a foreign market. One of the hottest foreign markets right now is the United Arab Emirates, with Dubai real estate being especially attractive. But what is it really like for foreigners to purchase real estate there? Is the process all that different from the...

Rajab Ali Virani’s journey with VeriEstate began with a simple yet powerful insight: property buyers in Dubai often navigate the process with blind spots. Many overlook potential issues with essential systems like HVAC units or MEP (Mechanical, Electrical, and Plumbing), only realising the flaws after closing the deal. “We saw the gap first-hand,” Virani shares. “It wasn’t just about missed...

Demand for residential real estate in Dubai has increased significantly since 2022. Given the significant rise in the number of new residential launches over the past two years, we previously expected prices would stabilize and demand would abate by year-end 2024. This has not been the case.Based on Reidin's "Dubai & Abu Dhabi Real Estate Market Overview Q2 2024" report, the pace of new launches in...

Dubai has been ranked among the few cities in the world with accelerating property market growth.The emirate is ranked along with Bangkok, Berlin, Stockholm, Hong Kong, Jakarta, Paris and Warsaw where the growth of the property market is accelerating, according to global real estate consultancy JLL’s Global Real Estate Perspective. The emirate’s real estate has been consistently outperforming its...