A reduction in pandemic-related limitations will boost real estate, tourism, aviation, and other industries; the first nine months of 2022 will see more than Dh180 billion in real estate transactions.
High-net-worth investors continue to favor Arabian Ranches, Dubai Hills Estate, Downtown Dubai, and Dubai Marina as their preferred neighborhoods.
When buying a home, experts advise that you must work with a knowledgeable and accredited broker.
There are a number of costs that customers must pay in addition to the purchase price, but we wouldn't call these hidden costs because they are covered during the property purchase process.
Infrastructure for Expo 2020 and the Golden Visa, according to the real estate services company, will propel growth even further in the second half of the year.
Amira Sajwani, general manager of sales and development at Damac Group, predicts that a rise in foreign investment will result from the new law encouraging property investment funds.
The Nshama project has a high demand and sold out in three hours.
In terms of volume and value of real estate sales, May 2022 in Dubai saw a total of 6,651 transactions worth AED 18.3 billion (USD 4.98 billion), making it the best May in 13 years.
In May 2022, Dubai's property sector recorded a total of 6,651 transactions worth AED 18.3 billion (USD 4.98 billion), making it the best May in 13 years in terms of real estate sales volume and value.
The venture capital fund will start in June 2022 and last for eight years, with a two-year extension option. More than 8,000 jobs for newcomers are expected to be created.