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Royal Majestic Real Estate > Blog > 2024 > March

Month: March 2024

Dubai's Golden Visa Spurs Shift in Investor Budgets and Developer Strategies
CategoriesDubai Lifestyle Real Estate News tips & tricks

Dubai’s Golden Visa Spurs Shift in Investor Budgets and Developer Strategies

By Jan Leo,

In January, Dubai abolished the requirement for a minimum down payment of Dh1 million to qualify for the Golden Visa, sparking a surge in demand for properties valued at Dh2 million. This change has prompted both investors and developers to adapt.

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New Dubai Master Communities to Boost Villa and Townhouse Supply
CategoriesDubai Real Estate Real Estate News

New Dubai Master Communities to Boost Villa and Townhouse Supply

By Jan Leo,

Dubai is expecting the launch of three new master communities in 2024, aiming to address the villa and townhouse shortage. The forthcoming communities, including The Heights Country Club and Grand Club Resort, are strategically located in southwest Dubai along the E611 corridor. These developments signal a new phase of expansion for the emirate.

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Dubai Tenants Face Higher Rents After Rera Calculator Update
CategoriesDubai Lifestyle Dubai Real Estate Real Estate News tips & tricks

Dubai Tenants Face Higher Rents After Rera Calculator Update

By Jan Leo,

Dubai tenants face higher rents after Rera recalibrates its calculator, reflecting current market rates. Analysts foresee increased demand in newer communities. The revised calculator, effective March 1, considers location, property type, current rent, and rooms for rent increase assessment.

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Guide to Etiquette During Ramadan in UAE 2024
CategoriesDubai Lifestyle

Guide to Etiquette During Ramadan in UAE 2024

By Jan Leo,

Guide to Etiquette During Ramadan in UAE

Ramadan, the sacred month for Muslims worldwide, spans from March 11 to April 9 in 2023. Understanding the customs during this time is crucial, whether you’re a citizen, resident, or tourist in the UAE. Adhering to these guidelines ensures a respectful and enjoyable experience, immersing you in the rich culture and traditions of the country.

Read more “Guide to Etiquette During Ramadan in UAE 2024”

Dubai Real Estate Market Surges 27% in February 2024
CategoriesDubai Real Estate Real Estate News

Dubai Real Estate Market Surges 27% in February 2024

By Jan Leo,
Property Sales and Rental Trends Highlight Strong Market Momentum

In February 2024, Dubai’s real estate market saw a surge of over 27%, with 11,900 deals compared to 9,371 in February 2023.

Property Finder noted transaction value at nearly Dh36.6 billion, up 35% from 2023, highlighting market strength.

Read more “Dubai Real Estate Market Surges 27% in February 2024”

Ramadan 2024 in Dubai: Dates and Highlights of the Celebration
CategoriesUncategorized

Ramadan 2024 in Dubai: Dates and Highlights of the Celebration

By Jan Leo,

Experience Ramadan in the UAE 2024 Mark your calendars for Ramadan 2024 in the UAE! Starting on March 11, this sacred month culminates with the joyous Festival of Eid al-Fitr (Uraza Bayram), anticipated on April 9.

Observing Ramadan involves prayer and fasting, refraining from eating and drinking from dawn until sunset. Suhoor, the predawn meal, and Iftar, the meal to break the fast, mark the rhythm of each day.

Read more “Ramadan 2024 in Dubai: Dates and Highlights of the Celebration”