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Tags: Dubai

Dubai Property Market Review Q2-2023

In Q3 2023, Dubai’s real estate market experienced exceptional growth, as reported by the Dubai Land Department. The market saw a remarkable 22% increase in transactions, with Q3 2023 recording 31,216 transactions compared to 25,503 in the same period in 2022. These transactions totaled an impressive AED 97.55 billion, reflecting a significant 40% increase from AED 69.5 billion in Q3 2022. This surge in transactions underscores Dubai’s enduring appeal as a global real estate hotspot, with unwavering confidence from both investors and end-users.

Dubai Ranks 3rd in the World’s Top Cities, Surpassing New York, London, and Paris

Dubai, the dazzling metropolis of the United Arab Emirates, has once again proven its global standing by securing an impressive position as the third-best city in the world. Surpassing renowned urban hubs like New York, London, and Paris, Dubai has firmly established itself as a magnet for international attention, attracting investors, tourists, and expatriates from all corners of the globe. The latest rankings highlight Dubai’s remarkable economic growth, cultural diversity, and unmatched infrastructure, making it a truly exceptional destination.

Sheikh Mohammed Greenlights Astonishing Masterplan for Palm Jebel Ali, Setting the Stage for Dubai’s Next Epic Journey

Discover the breathtaking allure of Dubai’s latest masterpiece, Palm Jebel Ali. This visionary project, approved by Sheikh Mohammed himself, sets the stage for an extraordinary transformation that will leave the world in awe. With its grand design and unprecedented scale, Palm Jebel Ali promises to redefine luxury and elevate Dubai’s status as a global icon. Be captivated as this architectural marvel takes shape, weaving together innovation, elegance, and limitless possibilities. Get ready to witness the birth of a new legend that will leave an indelible mark on the city’s skyline and the hearts of all who experience its magnificence. Welcome to a world where dreams become reality and Dubai shines brighter than ever before.

The Intersection of Automotive Excellence and Exclusive Living: Bugatti Residences in Dubai

Bugatti Residences, a groundbreaking project by the renowned French luxury carmaker, has been unveiled in Dubai. Developed by Binghatti, a prominent UAE-based family-owned real estate developer. Binghatti is set to create a truly exceptional living experience with the world’s first Bugatti Residences. Instead of simply incorporating the aesthetics of Bugatti’s hyper sports cars into the architecture, the project aims to capture the essence of Bugatti’s excellence and style. The residences will exude an authentic atmosphere, inspired by Bugatti’s unique design, offering residents a truly immersive Bugatti experience.

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.

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

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