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Madmoun: The Revolutionary Electronic Service Enhancing Transparency in Dubai’s Real Estate Sector

Dubai Land Department (DLD) has launched a new electronic service called Madmoun to modernize and develop real estate governance procedures and enhance investor confidence. The service is accessible through the Trakheesi System and is represented by a QR code issued for any real estate advertisement permit. As of April 24th, all real estate companies are required to feature the QR code on their print and audiovisual advertisements.

Dubai Property Market Review Q1-2023

Dubai’s real estate market has remained strong and steady in 2023, defying global economic impacts. Demand for apartments has increased, leading to a shift in the market as people are priced out of the villa market. The prime and super-prime segments have seen a surge in interest, highlighting the city’s appeal as a luxury real […]

Creek Tower | Future Iconic Skyscraper of Dubai

Dubai has long been known for its architectural marvels, including the world’s tallest building, the Burj Khalifa. However, the city is not one to rest on its laurels, as evidenced by the construction of Creek Tower, which is set to become the new tallest building in the world upon its completion. Here, we’ll take a closer look at Creek Tower and how it compares to its competitors. Creek Tower is being built in Dubai’s Creek Harbour district and is expected to reach a height of 1,300 meters (4,265 feet) upon completion. The tower’s design is inspired by the lily flower and features an observation deck that will offer panoramic views of Dubai and the surrounding area. Creek Tower is being developed by Emaar Properties, the same company behind the Burj Khalifa.

Real Estate Market During Global Recession (est. 2023 & 2024)

2023 & 2024 are very critical for global economy and real estate markets can be heavily affected by global economic recessions. During a recession, the overall economic activity slows down, and people start losing jobs, which affects their ability to purchase properties or even keep up with mortgage payments. This creates a ripple effect on the real estate market, leading to a drop in demand for housing, commercial and industrial spaces.

List of Top Developers in Dubai

For the last two decades construction and real estate sector was one the key driving industries empowering the economy of Dubai. Due to increasing local and international demanding in housing market, project developing companies extended in faster pace.
Homist has provided list of top developers in Dubai based on local data and analytics. Note that given shortlist does not necessarily approve of reject any other developing companies.

Unveiling the Splendors of Dubai Hills: An Exquisite Symphony of Luxury, Innovation, and Sustainability

The Dubai Hills community is designed to offer residents a luxurious and modern lifestyle, with a range of amenities and facilities that cater to their every need. The community features a range of housing options, including villas, townhouses, and apartments, all of which are designed to the highest standards of quality and luxury. This area in highly recommended by HOMIST real estate for investment.

Dubai’s giant developer – EMAAR – hits new record in its history: Net Profit in 2022 increases to AED 6.8b (USD 1.86b)

On Tuesday | 14 Feb. 2023, Emaar group announced latest public report on financial performance of group with outstanding numbers. Emaar Development, a company that specializes in developing and selling properties and is mostly owned by Emaar Properties, has announced that its property sales have increased by 12% to AED 30.71bn ($8.36bn) compared to AED […]

What are the main business areas in Dubai?

Dubai is a thriving business hub in the Middle East and is home to many important business areas that cater to a wide range of industries. At Homist we have shortlisted the main business areas in Dubai which are highly growing in last years. However the short list includes ideal locations for setting up an office.

Best areas in Dubai for property investment in 2023

Where shall I invest in Dubai? For more than a decade it has been one of the biggest concerns of investors to find best area to invest. In a separate post we have explained main effecting factors that any buyer needs to consider before purchase of property. Location is a critical factor in real estate […]

Dubai Housing Market Predictions For 2023

Dubai Property Market Will Perform Better than Other Cities in 2023

Dubai housing market prices may not sharply increase like 2022, therefore finding a right property in right location with right price will play key role for successful investment.

Dubai Housing Market in 2022

Dubai Land Department (DLD) has reported the latest housing sales statistics for 2022 . Homist Dubai team has done analysis on the data and would like to share summery for our followers.

97 thousand 398 houses were sold in Dubai in 2022 with value of 72billion USD

Common Villa Concepts in Dubai

Dubai because of its unique environment and location which has wide borders with Persian Gulf has been home for many European and Asian families whom dream for living inside green nature with pleasant weather. If you are willing to buy villa we suggest you to review the information below. Homist team has provided valuable in-depth information that you will find many helpful tips to support your decision about finding villa in Dubai.

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