The Dubai Crown Prince also approved giving first-degree family members priority in the allocation of residential land plots and housing units in the same residential area.
dubai
DUBAI: Dubai villa prices soared in August, with double-digit increases in premium residential districts of the UAE city.
Potential buyers are lining up to get a piece of Dubai's lucrative real estate, demonstrating how the sector is recovering from the Covid pandemic.
The most expensive transaction took place on Palm Jumeirah, where a villa was sold for Dh37 million.
The most expensive transaction took place on Palm Jumeirah, where a villa was sold for Dh37 million.
When it comes to property in Dubai, Indian HNIs have demonstrated diverse inclinations since the pandemic began.
With a price increase of 2.1 percent in June, Dubai's tenacious property market continued its booming comeback for the eighth month in a row.
The growth of the house residential mortgage industry is expected to continue at a healthy rate, according to Lion Mortgage Consultants.
Besides business, Dubai's real estate industry also offers opportunities. The strategic location of the emirate serves as a focal point for the Asian, African and European markets. That is why millions of tourists and investors flock to the emirate every year. Despite the pandemic, experts reveal that this is the best time to make investments in Dubai. Here are the best places to make real estate investments in Dubai.
According to the latest figures, the Dubai property market had its busiest month in eight years in June, as buyers continued to pick up villas and apartments.