The real estate industry in Dubai is a dynamic and exciting sector. New properties offering unique living experiences and world-class amenities are announced every month. Here are some of the new properties launched in Dubai in Oct 2023. New properties launched in Dubai in Oct 2023 – Apartments Upcoming apartment projects in Dubai offer the…
Category: Real Estate
Dubai a ‘natural’ fit for Pakistanis looking to buy property abroad – Business &…
Pakistanis have a huge interest in buying real estate in Dubai due to factors including proximity and “close ties” with the UAE, according to Simon Baker, managing director at real estate firm haus & haus. “After UAE nationals, Pakistanis tend to be in the top four or five nationalities” looking to invest in Dubai properties,…
Dubai Records Sale Of First Properties On Palm Jebel Ali Plot Price Revealed
(MENAFN- Khaleej Times) Published: Wed 4 Oct 2023, 9:44 AM Dubai Land Department has recorded the sale of the first properties of Palm Jebel Ali, which will set another benchmark in upscale living in the emirate and another prized address for millionaires and billionaires from around the world. The master developer Nakheel Properties launched the…
Will these be the next Top 3 investment trends in the UAE?
Analysts have become so enraptured by memes that it becomes worthwhile to add a few to the mix in the hope of seeing whether they stick. How about: ‘20 is the new 2’. This one refers to the prices of the first villa launches on Palm Jumeriah in 2002, and compares it to those at…
Italian Riviera-Inspired Dh250 Million ‘Samana Portofino’ Project Launched in Du…
(MENAFN- Media4pr) ‘Samana Portofino’ is the 9th project launch out of 12 projects planned for 2023 (DUBAI): Samana Developers, one of the fastest growing real estate companies according to Dubai Land Department data of Dubai developers, today launched a Dh250 million ‘Samana Portofino’ residential project in Dubai Production City, a popular freehold community alongside Sheikh…
Dubai Land Department Signs Three Memorandums Of Cooperation, Empowering Emirate…
DUBAI, 28th September 2023 (WAM) — Dubai Land Department signed memorandums of cooperation with Elite Gulf Real Estate Training Institute, Innovation Experts Real Estate Training Institute, and ThinkProp Training Institute to elevate real estate training in the emirate. These collaborations would boost awareness within the Dubai real estate sector and foster a top-tier training environment,…
Virtual assets regulation in UAE
In May, the Central Bank of UAE (CBUAE) issued a comprehensive ‘guidance’ for licensed financial institutions (LFI), such as banks, finance companies, exchange houses, payment service providers and others, when dealing with virtual assets (VAs) (also called crypto assets) and virtual assets service providers (VASPs). The guidance is aligned with the UAE’s approach towards regulating…
The Downsides of Balloon and 1% Downpayment Mortgages
Because of the Fed rate hikes of the past few months that have seen average thirty-year mortgage interest rates go from around 3% per year to the current 7.5% per year, very few people want to sign up for home mortgage financing. Also, current homeowners who would have wanted to sell and move elsewhere are…