Dubai’s growing prominence as a global real estate investment hub is underpinned by various factors, making it a magnet for international investors. Strategically positioned as a bridge between East and West, the city’s tax-free environment and pro-business policies create a lucrative and secure market. Initiatives such as long-term residency visas and relaxed foreign ownership restrictions have...
Investing in offplan properties in Dubai has become significantly more accessible, with certain private developers now offering zero down payment options. These projects, launched recently, are priced from AED 800,000 and are slated for completion between 2026 and 2027. If these innovative offers gain traction, more developers are expected to adopt similar strategies to enhance sales. In such cases,...
Dubai’s real estate market is poised for an 8% price surge in 2025, primarily driven by a shortage of housing supply, according to Knight Frank. The firm’s recent analysis, Dubai Residential Market Review: Special Edition, highlights an ongoing real estate boom, with house prices across the emirate now standing 19.9% higher compared to the same period last year. This growth reflects an extraordinary...
A significant number of homeowners in the UAE have found themselves becoming "accidental millionaires" as property prices surge across the country. Recent analysis by global real estate consultancy Knight Frank reveals that nearly 20% of homes in Dubai are now valued at over $1 million. Knight Frank’s study highlights that many homeowners who originally purchased properties for under $1 million are...
Dubai’s real estate market is poised for another year of price increases in 2025, following a remarkable 20% surge in 2024, according to Knight Frank. Residential property values are forecasted to rise by an average of 8% next year, while luxury properties are expected to see a more moderate growth of 5%. This continuous upward trend has significantly boosted the number of million-dollar properties in...
The demand for branded residences in Dubai is anticipated to drive a significant price increase, with industry projections estimating a surge of 10-20% above the current average price of $1,769 per square foot. Certain prime locations with waterfront access, iconic brand associations, or exceptional service levels could see prices soar by as much as 25%. Dubai's branded residences are...
Dubai’s real estate sector has emerged as a global leader, outperforming renowned markets like London and New York with remarkable returns. Offering an impressive 7% gross investment yield, Dubai outpaces New York’s 4.2% and London’s 2.4%, making it an attractive option for investors seeking consistent rental income and capital appreciation. Year-on-year, Dubai's inflation-adjusted property...
The UAE’s non-oil economy is anticipated to expand by 4.7% in 2024, according to a report by Michael Bolliger, Chief Investment Officer of Global Emerging Markets at UBS Global Wealth Management. This growth highlights the UAE's strategic economic diversification and its resilience in navigating global challenges through fiscal surpluses and adaptability. Bolliger emphasized that the UAE's non-oil...
The amended laws in Dubai introduce notable changes, including a new mortgage fee and an extended registration period for off-plan properties. These amendments aim to enhance the property transaction process while aligning with the region's evolving real estate landscape. Changes in Mortgage Registration Fees The Dubai International Financial Centre (DIFC) announced revisions to its Real Property...
