Dubai Real Estate News For Investors

Send us Fan Mail Want to know more? Below my contact details +971553523125 info@alessandroderubertis.com Dubai's rental market is experiencing a significant shift as tenants opt for multiple-cheque rent payments despite higher costs. The trend, particularly in premium areas like Downtown Dubai, Marina, and Business Bay, allows tenants to manage rising rental prices by spreading payments acros...

Send us Fan Mail Want to know more? Below my contact details +971553523125 info@alessandroderubertis.com The construction of the Wynn Al Marjan, an integrated gaming resort in Ras Al Khaimah (RAK), UAE, is progressing rapidly, reaching the 15th floor and standing over 90 meters tall. Set to open in 2027, the resort will be the tallest building in RAK, featuring 1,542 rooms and suites, including 22...

Send us Fan Mail Want to know more? Below my contact details +971553523125 info@alessandroderubertis.com In Dubai, tenants renting properties under Dh100,000 annually are facing higher brokerage commissions as demand for affordable rentals surges. Traditionally, brokers charge 5% of the annual rent as a commission, excluding 5% VAT. However, for properties priced below Dh100,000, a new minimum com...

Send us Fan Mail Want to know more? Below my contact details +971553523125 info@alessandroderubertis.com Over the past 12 months, Dubai has experienced a significant rise in residential property prices. Apartment prices have surged by 24.8%, while villa prices have increased by an impressive 33.1%. In September 2024, the ValuStrat Price Index (VPI) for Dubai reached 190.1 points, marking a monthly...

Send us Fan Mail The UAE is moving closer to legalizing gambling, a significant development marked by Wynn Resorts' receipt of the country’s first commercial gaming operator license. Wynn, a Las Vegas-based hotel and casino giant, is building a $3.9 billion integrated resort on Ras Al Khaimah's Marjan Island, set to open in 2027. This project includes a “gaming area,” fueling speculation...

Send us Fan Mail Dubai’s real estate market is poised for substantial growth following the launch of the government’s Real Estate Strategy 2033. The strategy aims to boost real estate transactions to Dh1 trillion by 2030 and increase the sector’s contribution to Dh73 billion .  It also targets raising the homeownership rate to 33% , improving transparency, and promoting affordable housing. The pos...

Send us Fan Mail Sheikh Mohammed bin Rashid Al Maktoum has approved a new master plan for Expo City Dubai, set to accommodate 75,000 people . The plan aims to transform the city into a hub for future growth and innovation. Expo City, spanning 3.5 square kilometers across five districts, will house over 35,000 residents and 40,000 professionals. It will also include DP World’s global headquarters a...

Send us Fan Mail The UAE has taken strict action against telemarketing violations, suspending multiple mobile numbers and imposing heavy fines. Since the introduction of new regulations in August 2024, over 2,000 violations have been detected. These laws prohibit the use of personal numbers for marketing purposes and aim to protect residents from deceptive and intrusive calls. The Telecommunicatio...

Send us Fan Mail Want to know more? Below my contact details +971553523125 info@alessandroderubertis.com Dubai’s property market needs an increase of 10-20% in supply to help control the rise in rents and improve affordability, according to a leading industry figure. Rental prices have been climbing consistently in recent years, fueled by high demand from both property buyers and tenants. As repor...

Send us Fan Mail Want to know more? Below my contact details +971553523125 info@alessandroderubertis.com Dubai’s real estate market is thriving, with digital technology playing a key role in transforming how properties are bought and sold, especially by overseas investors. According to industry experts, the shift to digital platforms is revolutionizing the property transaction process, making it m...

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Send us Fan Mail Book a call with me www.alessandroderubertis.com Gold prices in Dubai reached a record high on Wednesday, rising by Dh2.75 per gram.  The 24K gold variant hit Dh322 per gram, surpassing the previous high of Dh319.5 set on Tuesday. Other gold variants—22K, 21K, and 18K—also reached all-time highs of Dh298.0, Dh288.5, and Dh247.25 per gram, respectively.  The surge in gold prices is...

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Send us Fan Mail Dubai tenants are facing tough decisions in the coming weeks as they need to decide whether to renew their leases or relocate, prompted by changes in the RERA Rental Index.  This updated index allows landlords to set rents in line with current market rates, leading to expected double-digit rent increases, particularly for apartments. Rent hikes could reach up to 20 percent upon le...

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Send us Fan Mail Book free consultation: www.alessandroderubertis.com Source: https://www.khaleejtimes.com/life-and-living/visa-and-immigration-in-uae/uae-golden-visa-dubai-drops-minimum-down-payment-required-for-property-owners

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