Dubai Property Market

The social media influence of Jucica Brown, the new virtual real estate consultant launched by Dubai-headquartered Realiste on the short message platform Telegram, has also already garnered 100,000 followers on Instagram Artificial intelligence (AI) is making gigantic strides in the real estate sector in the UAE, expanding the reach and speed of transactions to stratospheric levels, with...

Dubai’s office market will remain under-supplied till 2027-28 which will continue to impact rents in the city as new businesses flourish and foreign businesses relocate to the city. Due to high demand, Dubai’s office market got a boost with several new launches to cater to the needs of new companies, especially in the Grade-A office space category. While the supply crunch in the office market...

The rise of tokenization and blockchain technology in Dubai – and the larger UAE – is also boosting fractional ownership of real estate assets, even encompassing various high-value assets such as Savis vacation homes. Tokenization is the new buzzword in Dubai’s real estate sector, fast gaining traction with investors to own properties in the city through stablecoins and tokens on blockchains,...

Dubai Land Department signs a deal with the top seven developers of the emirate, allowing them to use its registration system to manage all real estate transactions Buying properties in Dubai will become smoother and faster as registration time will reduce from days to minutes. This came after the Dubai Land Department signed a deal with the top seven developers of the emirate, allowing them to use its...

The Dubai real estate market has seen a record-setting transaction at the beginning of trading on Tuesday, with a plot of land in the Business Bay area selling for Dh650 million.Spanning over 333,000 square feet, this landmark deal reflects the continued strength and attractiveness of Dubai’s real estate sector. The total value of real estate sales in Dubai has soared to Dh2 billion, driven by 494...

The real estate landscape in Dubai is evolving rapidly, characterized by high competition and a demand for more personalized services. In this dynamic market, traditional real estate transactions often fall short of meeting client expectations, leading to a need for innovative approaches that prioritize customer experience. DXBA.com seeks to create a niche in property sales, rentals, and investments...

Question: I am about to invest in an off-plan property in Dubai, with the handover of my unit scheduled for 2028, according to the sale agreement. What will happen if the developer delays the handover? Am I entitled to compensation, and if so, when would I receive it? Answer: When a property is sold in Dubai, both the seller and the purchaser sign a Sale Purchase Agreement (SPA). An SPA will normally...

The Dubai property market has an array of real estate offerings to suit buyer needs, here is a comparison of what $1 million can get you in two of the city’s residential real estate hotspots As the Dubai real estate market continues to attract global investors, two of its top family residential communities – Arabian Ranches and Al Barari – offer distinctively different lifestyles and property...

Dubai and Abu Dhabi saw property price gains in the opening months of 2024 The UAE real estate market continues to thrive with Dubai and Abu Dhabi both recording sales price and rent increases, according to CBRE Middle East’s Residential Market Review for the first quarter of 2024. Dubai villas saw the sharpest increase in sales prices with average prices climbing more than 22 percent year-on-year....