Dubai Real Estate Market: Experts Predict 5% Growth in 2024
CategoriesDubai Lifestyle Dubai Real Estate Real Estate News

Dubai Real Estate Market: Experts Predict 5% Growth in 2024

Dubai’s real estate market anticipates 5% growth in 2024, backed by a robust economy and soaring investor interest.

In 2023, Dubai saw a $100 billion investment influx, showcasing its allure as an investment hotspot. CEO Bas Kooijman foresees further growth, with a projected 5% uptick in 2024, paralleling UAE’s anticipated 4.5% economic expansion.

Read more “Dubai Real Estate Market: Experts Predict 5% Growth in 2024”

Understanding Security Deposit Deductions in Dubai: A Guide for Tenants
CategoriesDubai Lifestyle Dubai Real Estate tips & tricks

Understanding Security Deposit Deductions in Dubai: A Guide for Tenants

In Dubai, the question arises: Can a real estate company deduct money from a tenant’s security deposit? Let’s explore this issue within the framework of Law No. 26 of 2007, governing landlord-tenant relationships in the Emirate of Dubai.

Read more “Understanding Security Deposit Deductions in Dubai: A Guide for Tenants”

Decoding-Dubai--Navigating-Service-Charges-for-Your-Property
CategoriesDubai Lifestyle Dubai Real Estate tips & tricks

Decoding Dubai: Navigating Service Charges for Your Property

Are you considering buying a home in Dubai? Before you make a decision, it’s crucial to understand the ins and outs of Dubai’s service charges. This blog breaks down everything you need to know, whether you’re a first-time buyer or an experienced investor.

Read more “Decoding Dubai: Navigating Service Charges for Your Property”

CategoriesDubai Lifestyle Dubai Real Estate

Sustainable housing is gaining popularity in Dubai.

Dubai’s post-COP28 transformation accelerates, focusing on eco-friendly buildings. Anticipated housing surge, with a 5% price increase in 2024 and a 15% market expansion. The real estate boom, driven by a 16% luxury property price rise, aligns with sustainability. Developers incorporate green features, and projects emphasize outdoor spaces.

Read more “Sustainable housing is gaining popularity in Dubai.”

Cristiano Ronaldo Invests Millions in Luxurious Mansion on 'Billionaires Island' in Dubai
CategoriesCelebrities Dubai Lifestyle Dubai Real Estate

Cristiano Ronaldo Invests Millions in Luxurious Mansion on ‘Billionaires Island’ in Dubai

Cristiano Ronaldo acquires a lavish mansion on ‘Billionaires Island’ in Dubai, reflecting his $136 million net worth. Renowned for extravagant gestures, he surprised his mother with a Porsche and gifted a $40,000 Rolex at a recent event.

Details about the mega-mansion’s cost remain undisclosed, but rumors suggest it’s in the tens of millions of euros. Comparable mansions on Billionaires Island offer opulent amenities.

Read more “Cristiano Ronaldo Invests Millions in Luxurious Mansion on ‘Billionaires Island’ in Dubai”

Dubai Sets Sights on World's Premier Bike-Friendly City by 2040
CategoriesDubai Lifestyle

Dubai Sets Sights on World’s Premier Bike-Friendly City by 2040

Dubai aims to lead urban mobility by 2040, surpassing Amsterdam and Copenhagen’s bike-friendly status. The plan outlines a 621-mile network of cycling routes, exceeding both cities’ benchmarks.

The “Dubai Cycle City 2040” strategy encourages cycling and walking for daily commutes, aiming to reduce travel times significantly. “The Loop,” a 58-mile climate-controlled bike trail, showcases eco-friendly transport and prioritizes residents’ well-being.

Read more “Dubai Sets Sights on World’s Premier Bike-Friendly City by 2040”

CategoriesDubai Lifestyle

Dubai’s Extravagant Vegas-Inspired Island

Dubai is about to witness the emergence of a grand spectacle: The Island. A sprawling expanse off the coast of Jumeirah, this ambitious project draws inspiration from the vibrant energy of Las Vegas, featuring renowned hotels such as MGM, Bellagio, and Aria. It’s all set to redefine luxury and entertainment in the region.

Quiet Beginnings and Recent Developments

First revealed in 2017, The Island’s progress remained relatively muted, nestled near the iconic Burj Al Arab. However, recent developments have reignited excitement. Wasl, the visionary behind the project, finalized a monumental construction deal. The China State Construction Engineering Corporation has been entrusted with bringing The Island to life, sealing a colossal deal valued at USD 1.2 billion (Dhs4.4 billion), marking Dubai’s most significant construction contract since 2017.

Read more “Dubai’s Extravagant Vegas-Inspired Island”

General Enquiry

For general inquiry, complete the form and let us find perfect pick just for you!

At Royal Majestic, we’re dedicated to quickly delivering your best choice. Our commitment goes beyond fast results, ensuring your investment is both efficient and beneficial. In a world of ordinary opportunities, we’re here to offer you the extraordinary.

GET IN TOUCH

306,307,308, 3rd Floor,
Bldg. 8, Bay Square, Business Bay, Dubai, U.A.E

+971 4 44 94 200

Project Type

Newsletter

Get latest news & update

© 2023 – Royal Majestic. All rights reserved

GET IN TOUCH WITH US!

For a free real estate consultation, schedule a call with us today.