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”

Dubai Property Transfer Fees for Family: A Quick Guide
CategoriesDubai Real Estate tips & tricks

Dubai Property Transfer Fees for Family: A Quick Guide

In Dubai, transferring property to your first-degree family members involves specific fees regulated by the Dubai Land Department (DLD). Under Executive Council Resolution No. 30 of 2013, DLD fees are applicable to property registration and transfer, with a focus on fees rather than taxes.

Read more “Dubai Property Transfer Fees for Family: A Quick Guide”

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 Real Estate Real Estate News

Dubai Breaks Records with $7.6 Billion in Luxury Home Sales in 2023

In 2023, Dubai saw a surge in luxury home sales, reaching a record $7.6 billion, a 91% growth over the previous year. Knight Frank’s analysis revealed a 92.4% uptick in sales of homes priced at $10 million or more, totaling 431 transactions. Faisal Durrani, Partner – Head of Research, MENA, highlighted Dubai’s status as the world’s most active $10 million+ homes market.

Read more “Dubai Breaks Records with $7.6 Billion in Luxury Home Sales in 2023”

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.”

Anticipated-Surge-in-Dubai-Apartment-Rental-Rates-for-2024
CategoriesDubai Real Estate Real Estate News

Anticipated Surge in Dubai Apartment Rental Rates for 2024

Dubai envisions a surge in apartment rental rates, heightening its appeal for investors. Factors like infrastructure development, government initiatives, and a growing population contribute to the market’s resilience.

Experts foresee a significant 2024 increase in Dubai apartment rents, with a 20% rise in capital values. Observations highlight a demand shift towards cost-effective communities, particularly in areas like Dubai Silicon Oasis and Business Bay.

Read more “Anticipated Surge in Dubai Apartment Rental Rates for 2024”

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.