The 4 Top Areas To Buy Studios In Dubai

The 4 Top Areas To Buy Studios In Dubai

After a good level of activity in 2016, Dubai’s real estate market is expected to pick up in 2017 and continue on an upward trend as the city marches toward Expo 2020. Several residential developments are on the horizon, many of them offering studio apartments to cater to single young professionals, a market segment that

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Elite Business Bay Residence: The Changing Face of Luxury in Dubai

Elite Business Bay Residence: The Changing Face of Luxury in Dubai

Business Bay was originally designed to be the heart of commerce in Dubai, but things took a slightly different track after the economic upset of 2008. This mixed use development has seen rising popularity as a residential area in the last five years. It’s easy to see why. As a commerce district, Business Bay is

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Real estate transactions in Dubai hit Dhs259bn in 2016

Real estate transactions in Dubai hit Dhs259bn in 2016

The total value of real estate transactions recorded in Dubai last year reached over Dhs259bn, according to Dubai Land Department’s (DLD) annual report. In terms of volumes, Dubai investment real estate has recorded 60,595 transactions in 2016. Over 41,776 sales transactions took place, representing a total value of Dhs103bn, while the 15,000 mortgage transactions were

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Dubai Off-Plan: Through the Looking Glass

Dubai Off-Plan: Through the Looking Glass

A granular analysis in the overall transactional activity of the Dubai real estate market, off-plan and ready, reveals that 46% is below the 1 million mark since 2015. The off-plan and ready market share similar buying patterns in reference to ticket sizes in overall purchases. However, in the villa segment there is a dichotomy between

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Discovery Gardens landlords better off than villa owners

Discovery Gardens landlords better off than villa owners

Apartments in ‘affordable’ Dubai communities like International City and Discovery Gardens are offering much better return on investment to landlords than their posh villa counterparts, according to a new report. According to international property agency Chestertons Mena’s latest residential market report for Dubai, landlords in secondary locations in the emirate are benefitting from high rental

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