Palm Jumeirah Apartments Hit Record Highs

In May, Dubai’s real estate market showed strong performance, with home prices rising significantly. According to ValuStrat, a real estate company, the ValuStrat Price Index (VPI) increased by 2.1 percent to 174.4 points, marking a 27.2 percent rise from May last year.

Read more “Dubai Real Estate: Home Prices Surge 27% Since May 2023”

Revolutionizing Sustainable Living in UAE

Arabian Hills Real Estate Development proudly presents its highly anticipated flagship project, Arabian Hills Estate. Situated on the Dubai-Al Ain road, just a 45-minute drive from Burj Khalifa, this AED22 billion endeavor spans an impressive 244 million square feet.

Read more “Arabian Hills Estate: $5.9 Billion Flagship Project Unveiled”

Demand Surges Across Rental and Ownership Markets

Rental Market Dynamics:

Dubai’s rental landscape sees a significant shift. 78% prefer apartments over villas or townhouses. Among apartment seekers, 58% favor furnished properties, 40% opt for unfurnished. Villa/townhouse seekers vary: 57% unfurnished, 42% furnished. Preferences for unit sizes vary: 35% favor one-bedroom apartments, 33% two-bedroom, 19% studios. Villa/townhouse preferences: 43% three-bedroom, 38% four-bedroom or larger. Key rental areas: Dubai Marina, Jumeirah Village Circle, Downtown Dubai, Business Bay, Jumeirah Lake Towers, Jumeirah, Dubai Hills Estate, Damac Hills 2, Umm Suqeim, Al Barsha.

Read more “Dubai Real Estate Hits Record Highs in May 2024”

Discover the Latest in Dubai’s Super-Luxury Real Estate Market

Dubai Leads Luxury Property Sales

The UAE real estate market is poised to reach a staggering AED2.6 trillion by the end of 2024, reveals recent Statista data. This growth surge is primarily fueled by the increasing interest of high-net-worth individuals (HNWIs) in investing in luxury properties within the city.

Read more “UAE Real Estate Market Set to Hit AED2.6 Trillion by 2024”

Discover the Essence of Luxury and Practicality

Swank Development recently launched the Lua Residences project in Mohammed bin Rashid City, Meydan, investing over Dh320 million.

Read more “Luxurious Lua Residences: Your Gateway to Prime Living in Meydan”

The Astera, Interiors by Aston Martin

Growing Interest in Dubai’s Branded Residences

An impressive 69% of global high net worth individuals (HNWIs) are keen on owning a branded residential property in Dubai, up from 59% in 2023, as revealed by a recent Knight Frank report.

Read more “High Net Worth Individuals Eye Branded Residences in Dubai”

Best Rental Yields in Dubai

According to Bayut’s latest analysis, Dubai Investments Park, Discovery Gardens, and Liwan offer the best rental returns, with yields reaching up to 11% for affordable property buyers.

Read more “Top Dubai Areas for Rental Returns”

Record-Breaking Deals and Elite Appeal

Jumeirah Islands has emerged as a top choice for the elite seeking to make Dubai their home, alongside renowned neighborhoods like Emirates Hills, Jumeirah Bay Island, and Palm Jumeirah.

Read more “Jumeirah Islands: Dubai’s New Millionaires’ Haven”