Competition intensifies among Dubai developers as land becomes scarcer and prices skyrocket.
Dugasta Properties, a new real estate developer in Dubai, announces a special Ramadan offer—waiving the 4% property registration fees imposed by the Dubai Land Department (DLD) for property purchases during the holy month. This offer, combined with the existing 10% guaranteed Return on Investment (RoI) scheme on Al Haseen Residences, presents a unique value proposition for buyers.
Read more “Dugasta Properties Waives 4% DLD Registration Fee for Ramadan Property Purchases”
In Abu Dhabi, a three-bedroom penthouse at Nobu Residences sold for $38 million, setting a new benchmark for residential property.
The sale breaks previous records, reaching over AED96,000 per square meter.
Aldar, the developer, also sold a four-bedroom duplex for AED130 million at the same development.
Read more “Nobu Residences: Record-Breaking Penthouse Sold in UAE”
Dubai, UAE: Tucked away in The Valley, Lillia emerges as a sanctuary, presenting 3 and 4-bedroom townhouses for sale. Harmonizing sophistication with nature, Lillia epitomizes sustainable living.
Read more “Introducing Lillia at The Valley: Where Luxury Meets Nature”
Dubai’s top master developers Nakheel and Meydan merging under Dubai Holding signals a significant expansion in landmark projects, bolstering the city’s economic agenda and urban development plans.
Read more “Dubai’s Nakheel-Meydan Merger: Expanding Landmark Projects”
Competition among Dubai developers intensifies as available land plots dwindle rapidly.
Read more “Dubai Developers Vie for Land Amidst Soaring Prices”
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.
Read more “Dubai’s Golden Visa Spurs Shift in Investor Budgets and Developer Strategies”
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.
Read more “New Dubai Master Communities to Boost Villa and Townhouse Supply”
Construction begins on a $3 billion residential tower in Dubai, set to become one of the world’s tallest. Al Habtoor Tower, standing 345 meters tall, offers over 1,700 units across 81 floors, with completion expected by 2026. Over 20% of properties sold within a month, showcasing high demand.
Read more “New $3BN Dubai Tower High-Rise Living’s Next Icon”
When your landlord is unresponsive to rejecting a proposed rent increase exceeding Rera’s guidelines, timely action is crucial, especially with the contract expiration approaching.
Read more “How to Handle Lease Renewals When Landlords Are Unresponsive”
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