Around 37,000 property buyers in Dubai have become “accidental millionaires” as they bought properties for less than $1 million that are now worth more, solely due to price inflation, Dubai Property Market data showed on Tuesday. According to latest research from…
Apartment prices in Dubai have risen almost a fifth this year, a report showed on Wednesday, as the emirate continues to attract real estate investors from around the world due to its safe haven appeal and attractive policies. June 2025…
Authorities have consistently debunked claims suggesting lifetime residency or the possibility of securing long-term visas through cryptocurrency investments, warning residents not to be misled by such misinformation. The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has clarified…
Dubai’s residential market continues to maintain its momentum and post strong year-on-year growth across all key indicators. The first half of 2025 witnessed 98,603 property sales worth Dh326.7 billion, data from DXBInteract shows. The second quarter of 2025 closed with…
Dubai announced a new initiative on Wednesday to make it easier for residents to purchase their first home, offering exclusive Incentives. Aimed at encouraging home ownership and boosting investment in real estate, the programme is open to UAE residents who…
Dubai has established itself as the global capital for branded residences, spearheading a remarkable 160 per cent growth in this sector over the past decade, data shows. A Dubai-based real estate consultancy, in 2024, Dubai recorded the sale of over…
Palm Jebel Ali will get upscale residential and hospitality offerings, in Dubai Holding’s first land sale with a third-party developer at the iconic destination. A large-scale project will also be developed at Dubai Design District (d3), with the area serving as a vibrant…
Dubai Municipality unveiled the Ras Al Khor Wildlife Sanctuary Development Project on Monday, aiming to increase visitor numbers six-fold to range between 250,000 and 300,00 each year. The contract for the first phase of the Dh650 million project was awarded,…
Question: I am considering purchasing an off-plan property in Dubai. If the developer fails to deliver as promised, what legal recourse do I have? Answer: In Dubai, a purchaser and a developer (seller) enter into a Sale Purchase Agreement (SPA) about the property which is…
Major UAE developers are eyeing the lucrative $110.83 trillion real estate market in the United States, after their successes in the UAE market, which saw real estate transactions exceeded Dh893 billion in Dubai, Abu Dhabi, Sharjah and Ajman last year.…