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Top 10 new developments in Dubai in 2023 Dubai is one of the most popular places for living, leisure, work, and business. The warm climate, pristine sandy beaches, favourable tax policy, extensive amenities, and numerous other advantages ensure a high demand for new residential complexes in Dubai. Many new properties are currently under construction in this city. New buildings in Dubai are located in various districts, each having distinctive features. We have selected the top 10 off-plan residential projects in Dubai to make it easier for you to navigate the listings of properties in Dubai. These off-plan buildings are located in the most popular districts for living and are developed by major construction companies with extensive professional experience and impeccable reputations. The...

If you think about the metro like rail transport in general, it can be called one of the defining features of modern civilization. Great Britain would not have become an empire, if not for the trains, which became an icon of the era. It is difficult to imagine modern Moscow or New York without their extensive metro and subway systems. China would not have become a world factory without modern rail transport, thanks to which you can cross half of the country within hours. The importance of the metro for any successful modern city was also understood by Dubai authorities, therefore not long after the intensive development of the city began in the early 00s, they made broad plans to create a modern metro system. As a result, it strongly influenced the pace of life of the city and the...

Since September 2019, the UAE has amended its legislation regarding the activities of companies whose functions include the management of jointly owned properties. It concerns developers and hotel operators and regulates the management of a wide range of properties. Contents Who is affected by the amendments? Changes in the legal framework Important aspects of the new law Innovative solutions to management and ownership New opportunities with jointly owned property How it works Expectations Help in home hunting and purchase in the UAE Who is affected by the amendments? The amendments affect large construction projects (Master projects) which are present in most communities in Dubai and Abu Dhabi and traditionally in demand as investment properties. These are not...

The UAE real estate market enjoys increased demand. However, the ownership of property in the United Arab Emirates implies not only buying costs but also some other expenses like home insurance against various risks, to name a few. Contents: General features of UAE insurance Who is responsible for insurance? Regulation How to choose the right insurance company? Factors to consider when choosing an insurance plan What events does insurance cover? Why is it worth insuring your property? How much does insurance cost? Help in choosing and purchasing real estate in the UAE General features of UAE insurance The UAE insurance scheme is similar to insurance coverage in other countries and involves two major components: Insurance of a property that covers damage to external...

What type of real estate to purchase in the UAE after selling a property in Spain Recently, foreign nationals have increasingly sold property in their homeland and moved to the United Arab Emirates – according to a report by Global Realty Partners, 20% of buyers of all types of Arab properties, including commercial, are CIS citizens and Europeans. Prices should be carefully considered before selling property. In this article, we compare what housing can be bought in the UAE compared to housing in other countries at the same price. Contents Price criteria Which city in the UAE should one consider moving to: EUR 46,432 – EUR 69,648 EUR 104,472 – EUR 150,904 EUR 174,120 – EUR 290,200 What to do if you’ve got an unlimited budget Our assistance...

The UAE is one of the most popular destinations among foreign investors. The country is considered to be the best place to compare risks with possible profits. This is well-known by private experts and companies, including independent researchers and analysts specializing in risk assessment. The security status of investments is based on many different criteria — you can read more about this issue in this article. Contents UAE's position among investors Low risk of real estate investments in the UAE Economic factors for favorable investment in the UAE We will help you choose and purchase real estate in the UAE UAE's position among investors The United Arab Emirates is one of the main countries in the Middle East that both private and legal entities have been investing in...

Are you planning a family relocation to the United Arab Emirates? Investing in real estate in Dubai is a sound financial decision for one’s future. Read this article about the features of moving to Dubai with the whole family, choosing and buying real estate, as well as investing in Arab housing. The content of the article: Infinite perspectives of a small Emirate Features to look at whenpurchasing real estate Transactions Return on investment Legal protection of homeowners Stable demand for rental housing What do you need to move to Dubai with the whole family? Visa registration for family members Opening a bank account in Dubai Facts about Dubai every immigrant should know Buying property in Dubai Infinite perspectives of a small Emirate Moving to Dubai is...

Moving to any country is fraught with many difficulties especially when it comes to the United Arab Emirates - a state with its own laws and culture. Before you apply for permanent residency in Dubai, it’s important to familiarize yourself not only with local customs and way of life but also with the specifics of the real estate market. The material in this article will reveal several important aspects regarding finding housing and living in Dubai. It will also make mention of the many attractive features to entice you to move to Dubai – the most progressive of all the Emirates. The content of the article: Features of Dubai for immigrants What does Dubai have to offer foreigners? Strong economy Comfortable financial environment Profitable investment in Dubai real...

Dubai is one of the most popular travel and business destinations in the world. Its rich history, cultural diversity, convenient and modern infrastructure, and a developed resort and residential real estate market attract millions of tourists every year. Its advantageous geographical location, booming trade and technology sector, and many corporate perks attract some of the largest companies from S&P500. The emirate is considered an investment hub in the Middle East with the safest investment environment in the region. According to statistics provided by the World Population Review source, in 2021, 85% of Dubai’s population is made up of foreigners with varying levels of wealth. The city occupies significant positions in the top global rankings of investment attractiveness....

Dubai real estate market is one of the top places in the world when it comes to investment attractiveness. Local property owners receive high incomes from both the leasing and selling of higher-priced assets. This article describes the main features of this sector. This is the basic information needed by every investor interested in real estatein the emirate. The content of the article: Why invest in Dubai? What should you look out for first? How to find a high-return offer? Finished properties and "off-plan" – advantages and disadvantages General tips Why invest in Dubai? Dubai stands out from other developed real estate markets in a number of ways: Among the many advantages of the city, the high rental rates, compared to other developed markets, are...

Real estate valuation determines the real value of a property based on its condition and market indicators. A valuation includes: Property quality and condition of the land on which it is located; The value of real estate; Average rental rate; Market, investment, and cadastral value; Dynamic indicators. The content of the article: Purpose of property valuation Documents needed for real estate valuation in Dubai Cost of evaluation Implementation procedure via DLD Services of third-party specialists Our services Purpose of property valuation Real estate valuation is the main factor that concludes sale and lease contracts in Dubai. It is necessary so that everyone can form their own opinion about the justifiable value of the property. The valuation process...

What is a "good investment"? This question alone could occupy a separate article. The answer depends on what kind of benefit the investor wants to get. If we are talking about short-term income, a good investment will be one that combines a high return of funds with a profit in a short time, although with high risks associated with the need to correctly choose the moment and object of the deposit. If a person is interested in finding a stable source of profit, even if in a small amount, then a "good investment" will be one that offers the least risks with a stable long-term return on funds. Dubai offers both options, but there are nuances. This article will give an overall picture of the investment climate in the emirate, which will help create an understandable image of the situation...

Today it becomes obvious that 2020 was a turning point for the entire world economy, and not for the better. All sectors of the global market and all countries participating in it have suffered. Dubai is a city that lives on trade, transport, construction and tourism. The COVID-19 pandemic and subsequent international restrictions on movement between countries have hit the emirate hard. A particularly significant blow fell on the tourism sector, which declined by more than 3 times, receiving only 5 million tourists in 2020. For comparison, the stable annual influx of tourists in the pre-pandemic years was 17 million people. The demand for renting and buying real estate, residential in general and elite in particular, has significantly decreased. However, by the end of 2021, it can be...