The ValuStrat Price Index, which monitors Dubai’s total residential capital fee performance, reported that property costs increased 18.8% year over year and 1.2 percent month over month. Villas were at the forefront of this trend, with prices rising 34.1 percent annually but with a steady growth rate of 2.1 percent.
Property purchasers from the United Kingdom, Italy, and France topped the top-10 list of international buyers in Dubai’s first area, as the secondary market dominated the emirate’s real estate market.
Most foreigners in Dubai are renters, therefore renting an apartment or a villa is a popular choice for housing in the city. Being a renter in Dubai looks to be a difficult task; issues such as high rent, small rentals, security issues, and eviction are just a few of the common issues renters are facing […]
DAMAC Properties, a multibillion-dollar real estate developer located in Dubai, has begun taking Bitcoin (BTC) and Ether (ETH) payments for its high-end properties.
As Dubai leads the MENA region in virtual property, Union Square House introduces the first Metaverse mansions. Ultra-luxurious digital houses that may be exchanged as NFTs without or with their physical equivalents.
When economies throughout the globe were suffering as a result of the pandemic-induced crisis, Dubai’s real estate market soared to unprecedented heights.
The UAE Central Bank said on Monday that new, more favorable regulatory norms regarding banks’ exposure to the real estate industry will be implemented.