Savis Realty

Starting 17 August, passengers will need to add a minimum of AED50 when topping up their nol cards to commute via Dubai Metro. Dubai’s Roads and Transport Authority (RTA) has announced a change to the minimum top-up amount for nol cards at Dubai Metro ticket offices.Starting 17 August, passengers will need to add a minimum of AED50 when topping up their cards.“Your #PublicTransport trips are smoother...

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...

The company is preparing to launch its maiden mixed residential and commercial project in October in Dubai. Sunrise Capital, an upcoming developer in Dubai, is looking to expand across the UAE with a massive pipeline of luxury villas and apartment projects, its chief executive said. The company, promoted by an Indian-origin group, is also preparing to launch its maiden mixed residential and commercial...

The Dubai real estate sector recorded more than AED14.65bn ($4bn) of transactions last week, according to data from the Land Department. Sales dominated the figures, with AED10.93bn ($3bn), according to Land Department data. In total there were 3,530 sales transactions recorded between August 19 and August 23. Dubai real estate this week Among the top listed sales transactions listed on the...

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 is home to more than 120 of the world’s wealthiest families and individuals, with a total net worth of more than $1 trillion (Dh3.67 trillion) as the UAE has attracted thousands of millionaires from all over the world over the past decade, especially after the pandemic. This has positioned the emirate first in the Middle East, Africa and South Asia (MEASA) and among the top 22 cities globally...

Dubai off-plan sales accounted for 63% of total transactions in Q1, a new report reveals. Dubai’s residential real estate market witnessed record-breaking growth in the first quarter of 2024, driven by a substantial surge in off-plan property sales, according to a new report by Savills. Off-plan sales skyrocketed 73 percent quarter-on-quarter, accounting for 63 percent of total transactions in Q1,...

The UAE’s allowance of 100% foreign ownership of companies and more flexible visa arrangements to contribute to surge in both capital and talent inflow. The rare feat of Dubai top ranking global greenfield FDI (foreign direct investment) projects attraction in 2023 for the third successive year will act as a major confidence booster for investors, triggering increased capital flows into the UAE, driving...

Residents of Amali Island will have exclusive access to their own 10,000 sqft clubhouse, serving as the island's recreation, adventure, and leisure hubThe Dubai-based boutique luxury property developer Amali Properties on Tuesday (April 30) unveiled its first master-planned community, Amali Island on The World Islands, housing 24 villas targeted at millionaires. The villas are priced between Dh50 million...