The Dubai Land Department reported a total of 2,098 real estate transactions worth AED4.5 billion during the week ending February 18, 2022.
economy
Following luxury homes, mid-market properties will have their day in the sun.
According to ValuStrat research, prices and rents for villas in highly desired prime locations could exceed 2014 peak levels.
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.
When it comes to property in Dubai, Indian HNIs have demonstrated diverse inclinations since the pandemic began.
The UAE has ranked among the world's TOP 10 most competitive economies for the first time.
With the highly anticipated Expo 2020 in UAE, many people all over the world envision the dramatic transformation in Dubai lifestyle. Let’s uncover the experts’ stunning projections.
The UAE’s regional financial capital Dubai is now the most affordable market in the world for luxury properties as its average price decreased by 84 percent since its peak five years ago. Real estate analysts forecast a continued decline in Dubai real estate this year due to increased supply and the general softening of the real estate market and a weaker economy.
The estimated budget for the Dubai Expo 2020 in terms of irrigation and landscaping projects is Dh277 million. Dubai’s plan for greenery and water features of the Expo will commence in October 2020.
Political tension in Dubai resulted in a continuing decline in gold prices. Prices of 22 and 24K gold are up. 22K gold is at AED162.25 compared to AED161.25 in the past weeks. 24K, on the other hand, rose at AED172.75 from AED171.50.