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Real Estate Investment Opportunities In Dubai For 2022

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The real estate market in the UAE has been continuously growing even when different countries across the globe were in lockdown. Some market research has shown that the growth can be “attributed to peaked rental and capital appreciation across some of the high-end properties located in the country…. The UAE’s sustained attractiveness lies in the market’s various unique value propositions, including its intense focus on innovations and technologies and decisive and rapid actions against COVID-19.” A real estate bulletin issued by Dubai Land Department (DLD) shows that 6,021 real estate transactions worth AED21.8 billion were recorded in May 2021. This is a huge rise of up to 197 percent compared to May 2020 and an increase of 35 percent compared to May 2019. The growth for  property for sale in Dubai  is expected to continue, especially until the end of Expo 2020. Thanks to its investor-friendly policies, Dubai has become a popular choice for both local and foreign investors. W...

Sales of affordable housing units in Dubai surge

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One of the interesting trends that dominated Dubai real estate is the increased number of affordable houses sold in the year 2019. As the latest data shows, properties priced below Dh1.5 million are seen to dominate real estate transactions in Dubai. Statistics show that there have been almost 18,900 affordable houses sold from January to September. If you compare that to around 17,000 for last year’s same period, that’s an increase of 10.9 percent. Experts have identified some reasons behind the trend, which are:  Growing young population  Increased number of bachelors  Increased number of small families  Better deals and flexible payment options for investors  Correction in prices Decreased average property prices  According to the ValuStrat’s head of real estate research, Haider Tuaima, the trend will continue for many years because of the high demand for affordable housing. Not only that, but their research shows that current prices h...

Is freehold right for you?

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Buying  real estate in UAE , particularly in Dubai, is an important and huge decision to make. It involves a lot of money and a fatal mistake can lead to many years of regret. For this reason, getting as much information as possible is crucial. Among the terms you might encounter as you dig deeper into Dubai’s real estate market is “freehold.” You might wonder what freehold means and whether it would be a good investment for you or not. Before you make any decision, here some advice. Understanding what freehold means would give you more ideas on how it will benefit you. What is a freehold? F reehold property in Dubai   is a property that is owned completely by the owner. If a property is a freehold property, it means that the owner owns both the building and land. Freehold property is different from a leasehold property primarily in terms of ownership. In a leasehold property, the land is leased for a fixed amount of time. In the UAE, the maximum amount of lease ...

Off-plan and Ready to Move in Property in the UAE

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There are different factors that you need to consider when buying off-plan  real estate in UAE . Chief among them would be the available payment plans. In fact, most people shy away from buying off-plan properties because of lack of awareness of affordable payment plans that could beat mortgages. Off-plan properties are generally cheaper and of the latest quality providing great payment plans so that you don’t have to scrape through mortgages to invest in  real estate in UAE . It is important to note that buying real estate property is a big investment. Thus, it is important to know how you are going to pay for it. Both off-plan and ready to move in projects in Dubai come with various payment plans and understanding them makes a huge difference. Why payment plans are crucial? A  Dubai real estate  is not free unless it is given to you. In most cases, you have to pay for it. The question now is, how? This is where payment plans come in. Because of competitio...

Business Bay - Community Review

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Business Bay is among the most popular, upbeat, and trendiest  Dubai real estate  areas . As its name suggests, Business Bay is teeming with commercial buildings and establishments. However, it also comes with a good number of residential hubs. Location Business Bay is located adjacent to Dubai Downtown. It covers over 80 million square feet land area. In a few minutes, you would be at the Dubai Mall and Burj Khalifa. In 15 minutes, driving, you can easily reach City Walk, Sheikh Zayed Road, and Jumeirah. The Dubai International Airport is just 15 minutes away while the Emirate of Sharjah would take a 30 minutes’ drive to reach. If you want to reach Dubai Marina and Palm Jumeirah, a quick 20-minute drive will get you there. Properties in Business Bay Business Bay is part of Dubai’s skyline. The majority of its residential buildings are apartments. However, there are a few villas that you can find especially in the Executive Towers compound, Marasi floating villas, ...

Dubai Off-plan Property Deals

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The numbers are in: off-plan  Dubai real estate  projects  made the majority of transactions in 2019. According to a study made by Property Finder, off-plan properties make up about 55 percent of Dubai’s real estate transactions while 45 percent involve secondary market deals. The statistics cover the first two months of 2019. In detail, about 3,069 off-plan homes were sold and 2,463 deals were closed in the secondary market. While this may prove that off-plan properties are leading the way, the trend is actually shifting toward a balance in investment. When you compare the difference between the figures for the first two months of 2018 to the first two months of 2019, there is a 7.8 percent decrease in off-plan property transactions. On the other hand, secondary market transactions only decreased by 1.4 percent. For the past years, it is true that  off-plan  Dubai properties  have dominated the market. However, secondary market deals are showing ...

Reasons to live in Town Square Dubai by Nshama

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Are you looking for a studio type or  2 bedroom apartments for rent in Downtown Dubai ? Maybe, you’re in the process of searching the perfect place for your family? Perhaps, you are a young professional who wants to find a place to relax after a hard day’s work? If you’re any of these, then give Town Square Dubai as an alternative choice. Budget-friendly apartments for rent in Dubai Launched in March 2015, Town Square Dubai is set to become one of the best communities in the UAE. It covers 750 acres of land and is expected to consists of 18,000 apartments and 3,000 townhouses after its expected completion in 2025. Perhaps, you’re planning to live here, but still can’t make up your mind. To help you make an informed decision, below are the different reasons why a lot of people choose Town Square Dubai. Apartment for rent A wide range of option Whatever your lifestyle, budget, need, and preference, Town Square gives you a lot of options to choose from. Primarily,...