Dubai Real Estate Blog

Russian investors occupy land plots to build ‘Little Moscow’ in Dubai

‘DAMAC Lagoons’, Construction of villas in first phase 1-month ahead of schedule UAE’s leading luxury real estate developer DAMAC Properties hosted an exclusive media tour to showcase its ambitious DAMAC Lagoons development, poised to redefine urban living in Dubai. Spanning an impressive 4.5 million sq. m, DAMAC Lagoons is the company’s third master community development in the...

‘DAMAC Lagoons’, Construction of villas in first phase 1-month ahead of schedule

‘DAMAC Lagoons’, Construction of villas in first phase 1-month ahead of schedule UAE’s leading luxury real estate developer DAMAC Properties hosted an exclusive media tour to showcase its ambitious DAMAC Lagoons development, poised to redefine urban living in Dubai. Spanning an impressive 4.5 million sq. m, DAMAC Lagoons is the company’s third master community...

Luxury property boom draws Chinese all-cash buyers to Dubai

Luxury property boom draws Chinese all-cash buyers to Dubai Chinese investors with access to ready capital are driving up demand for luxury real estateThe boom in Dubai’s property market continues to be a top draw for investors from China, which has looked towards greater economic cooperation, trade, and foreign direct investment since the lifting of travel...

Dubai property prices up 19.6% and rents climb 21.6% in past year

Dubai property prices up 19.6% and rents climb 21.6% in past year Dubai real estate sector sees near 59 per cent increase in off-plan salesThe Dubai real estate sector has seen sale prices increase more than 19 per cent and rents up by over 21 per cent in the past year, according to CBRE analysis.The total volume of transactions in Dubai’s residential market stood at...

First tenants move into Dubai’s new skyscraper

Uptown Tower: First tenants move into Dubai’s new skyscraper Uptown Tower is the first tower to be built within DMCC’s Uptown Dubai districtDubai: Dubai’s newest skyscraper – the Uptown Tower – has welcomed the first group of commercial office tenants.A total of 31 businesses have taken up space across Uptown Tower’s 22 floors of Grade A commercial office...

Millionaires Leaving the UK for Dubai

Millionaires Leaving the UK for Dubai A startling trend is gripping the nation as UK millionaires pack their bags and bid farewell to London’s fading charm. The spotlight has shifted to Dubai, where a wave of high net worth individuals, both British and global – are finding their new haven.For decades, the UK has held a prestigious status as a prime destination for...

CHINESE TOURISTS ‘SPENDING THE MOST’ IN DUBAI

Dubai real estate sector top hub for savvy, smart investors When travelling internationally, Chinese tourists are most likely to pay more for accommodation while staying in Dubai, according to new research from Hotels.com. During 2013, Chinese travellers paid an average of $299.65 (£174.99), which is 2.7 per cent more than they pay in Honolulu and eight per cent more than New York, according to...

Dubai real estate sector top hub for savvy, smart investors

Dubai real estate sector top hub for savvy, smart investors Dubai real estate market is booming and global investors are parking huge funds in this asset class. Dubai real estate has become a new asset class for savvy and smart investors.d This was revealed by Kashif Ansari Co-founder and Group CEO Juwai IQI,  during an exclusive interview with Gulf Today, adding that the influx of global...

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