The Dubai property market recorded its highest transaction volumes in the past year. The apartment and villa markets saw a total of around 74K transactions including mortgage transactions, with Ready Sales accounting for 68% of all transactions. The lack of new supply in certain areas such as Palm Jumeirah and Downtown Dubai is contributing to the optimism in the Ready Sales market. Many investors...

The luxury high-rise project known as the Jumeirah Lake Towers is located on a different area from Dubai Marina. It has 80 buildings that are constructed around the edges of three lakes. Jumeirah Lake Towers is very popular among individuals due to its convenient location and access to various areas in the UAE. Some of these include the Sheikh Zayed Road and the JBR Beach. Residents can also access...

In 2021, Dubai was named as the world's most desirable real estate market. It was also the fastest-growing region in terms of prime price performance. The city's various economic support measures and the availability of visas helped drive the price growth. The government of the UAE has recently launched a new visa program aimed at attracting more wealthy individuals to the country. It will provide...

The real estate market in Dubai is expected to continue its rapid growth this year. We at Christie's International Real Estate Dubai believe that the number of transactions will surpass record levels. The following factors will help boost the demand for housing: A Stable EconomyFavorable Tax PoliciesLow Mortgage RatesHigh Interest from Foreign BuyersHigh Volume of Properties Stock Despite the...

The number of UK mortgage approvals rose slightly to 63,770 in July 2022 from a revised 63,184 in June. This is above market expectations of 61,725, but below the 12-month pre-pandemic average of 66,800. Re-mortgaging approvals, which only involve transferring from one lender to another, rose to 48,400 in July from 43,300 in June. This is still below the 12-month pre-pandemic average of...

Thailand will begin accepting applications for its new Golden Visa program beginning September 1, 2022. The program is commonly referred to as the Golden Visa because of its multiple-year stays and the requirements of a wealthy applicant. The new Golden Visa allows individuals to stay in Thailand for 10 years. It also allows them to enter and exit the country multiple times. In addition, it allows them...

If you're looking for the best way to experience the excitement of the world's biggest sporting event but don't want to travel too far, look no further than Dubai. We're so close to Qatar and you won't miss a second of the action. We've got everything you need for a great time: beautiful apartments, amazing restaurants, and an awesome beach right next door. With luxury real estate at every turn, a...

The value of real estate transactions in the week ending August 19 was around AED10.3 billion. The sum of transactions was 3,149. Sales Transactions: AED 6.48BMortgage Transactions: AED 3.72BBest Performing Day: Aug.16th, 2022 - 697 properties worth AED 3.27B Al Hebiah Fifth had the most number of transactions with 173 sales worth over AED475 million. Second was Jabal Ali First with 70 sales worth...

One Za'abeel Residences is a massive project that spans over 40 million square meters. It is considered to be one of the most visionary projects in the Dubai. One Za'abeel is a mixed-used project by Ithra Dubai. It is located in the heart of the city and is surrounded by old and new business districts. It is a symbol of the pioneering spirit of Dubai and ambition. The scale of the development is...

Are you a resident of Dubai and have you ever thought about retiring in the city? It’s something that you might want to consider, as it may just be the perfect idea. Dubai offers a long-term renewable retirement visa for retired expats. This can be extended to include their spouses and children. It is a 5-year retirement visa for candidate over 55 years old. To be eligible for this type of visa, the...