Category: Dubai

Dubai’s real estate market has matured with the help of regulatory frameworks, economic diversification, and initiatives like Escrow accounts and the Golden Visa program. Experts highlight increased investment from high-net-worth individuals, especially from Europe, CIS, and China, as key to market resilience. Lower property prices compared to global cities support steady growth without major corrections.

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Mortgage transactions in Dubai surged to a 14-month high despite high interest rates. Property Monitor reports a 57.9% increase in May with 3,359 loans recorded, making it the second-highest level after March 2023, as demand for property remains robust.

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In Q1-24, homes sold above $10 million increased by 6% in value and 19% in volume year-on-year. A notable trend is the rise in private listings for super-prime homes, driven by ultra-high-net-worth individuals seeking discretion and exclusivity.

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Dubai’s property market is booming, especially for luxury homes. Wealthy people are flocking to Dubai to invest in property, with some planning to spend millions on a single purchase. Dubai’s government initiatives and economic growth are attracting high-net-worth individuals to the emirate. This trend is expected to continue as more and more wealthy people look […]

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Bayanat and Imkan will develop smart mobility on Sha Emirates Island, aiming for fully autonomous driving by 2026. Bayanat provides digital infrastructure, while Imkan handles physical development. This project supports the booming wellness real estate market, projected to reach $913 billion by 2028, and highlights growth in Abu Dhabi and Dubai’s real estate sectors.

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Dubai’s real estate market has matured with the help of regulatory frameworks, economic diversification, and initiatives like Escrow accounts and the Golden Visa program. Experts highlight increased investment from high-net-worth individuals, especially from Europe, CIS, and China, as key to market resilience. Lower property prices compared to global cities support steady growth without major corrections.

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