Archives July 2022

Leading luxury real estate developer DAMAC Properties has announced that the company is stepping up to serve the digital economy by facilitating the conversion to fiat, and the sale of the property to holders of Bitcoin and Ethereum. The decision comes from the DAMAC Group’s vision of leveraging technology to provide innovative solutions to evolved […]

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Prices in Dubai’s residential market continue to expand, with Prime residential prices, encompassing the Palm Jumeirah, Emirates Hills, and Jumeirah Bay Island, surging by 58.9% over the last 12 months, according to global real estate consultancy, Knight Frank. Overall, house prices in Dubai grew by 10.6% last year anProperty Prices rose by a further 2.6% […]

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The global office investment sector, similar to other types of real estate, is coming under some pressure from the macro-economic environment. However, strong fundamentals should keep investment yields largely stable in many key markets, including Paris, London, Sydney, Mumbai and Dubai, Savills says in its first Global Capital Markets Quarterly update. Edward Price, Associate Director […]

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The average ticket size ranges from AED 2.5 million for individuals to AED 25 million for HNWIs Non-Russian CIS customers represent more than 10% of property leads in Dubai Investors from Russia and CIS countries contribute 10% of Dubai property investments in 2022 to date New golden visa rules fuelling demand for properties among CIS […]

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Twin-tower development featuring renowned Swiss jeweler de GRISOGONO’s design elements Development to feature a floating pool over Sheikh Zayed Road, fog forest, glass slide, an observatory and a building edge walk. After the successful launch of Safa One de GRISOGONO, DAMAC Properties announces the launch of its latest offering, Safa Two also in association with […]

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Dubai recorded May 2022 6,652 property sales transactions worth AED18.4 billion, the highest volume of transactions for the month of May in the past decade, recent data from Mo’asher, Dubai’s official sales and rental performance index launched by Dubai Land Department, showed. The emirate’s real estate market recorded a total of 6,652 sales transactions in […]

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Automation of rental cheque payment through UAEDDS to enable rent payments through bank accounts and credit cards Non-resident savings account to support international investors looking to purchase property in Dubai Dubai Land Department has partnered with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, on landmark initiatives […]

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Dubai Municipality has launched several technical activities centered around 3D printing technology – including building engineering consultancy, building contracting and ready-mix concrete casting – in line with the Dubai 3D Printing Strategy launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. In […]

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The project comprises over 800 villas and townhouses and more than 200 mansions. Dubai South Properties announced the launch of South Bay, a new master development in the heart of The Residential District at Dubai South. The new project will be home to over 800 villas and townhouses and more than 200 waterfront mansions. It […]

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The experts at haus & haus offer some insights into the Dubai real estate market over Q2. After a buoyant start to the year for the Dubai property market with record-breaking sales on an almost weekly basis, property consultants at leading real estate company haus & haus have reflected on some of the key trends […]

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