Posts filed under: Dubai

Indians, Brits, Pakistanis are top expat investors in Dubai property

Indians, Britons and Pakistanis continued to remain the top three expatriate property investors in Dubai, according to Dubai Land Department (DLD). The total sum of investments in Dubai’s real estate market for the first half of 2015 exceeded Dh53 billion,...
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Investors in gulf property look forward to a less bumpy market

Dubai is the ultimate case study for anybody who wants to comprehend the profound influence that the globalization of wealth exerts on the world’s property markets. Muraba Residences, photo courtesy Pinkwater Select Over the past decade, Dubai has been on a...
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World’s first ultra-luxury atolls to be built in the Maldives, Dubai and Miami

Wealthy holidaymakers who are looking to sink a ton of cash in a private getaway spot will soon be able to buy their own portable island. Christie’s International Real Estate announced plans for the world’s first floating islands, built in...
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120 new Dubai property projects launched in two years

A total of 120 new projects were launched in Dubai in the past 24 months, with investors being drawn to the off-plan market due to attractive prices and payment plans, according to a local real estate portal. “The Dubai market...
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British businessman purchases Dubai’s most expensive property

A British businessman has splashed out a record-breaking £12 million for a luxury villa on Dubai’s famous Palm Jumeirah island. The unnamed millionaire, who is said to be of Indian origin, purchased the custom-designed home on the artificial archipelago as a...
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Dubai Likely to Continue Residential Market Rise

Though some fear a bubble, it seems unlikely that Dubai’s luxury residential properties will see a major decline in the next year, A survey of 200 business executives asked whether the area is likely to suffer a correction, but 84%...
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Dubai developer offers ready homes on interest-free plan

Harbor Real Estate, a leading real estate service provider in Dubai, UAE is offering a limited basket of ready-to-move-in residential apartments in Dubai Marina for sale under a seven-year, interest-free payment plan. The limited selection of residential units in the...
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Wealthy investors think Dubai offers excellent value for their money

According to a new report by Wealth-X and Sotheby’s International Realty, ultra high-net-worth (UHNW) individuals are spending millions of dirhams on Dubai’s luxury properties because it offers excellent value for their money. Dubai has everything an ultra-wealthy investor may desire,...
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Why world’s rich are splurging money on Dubai real estate?

The cosmopolitan nature of Dubai coupled with a strong lifestyle consideration is making the emirate an extremely attractive real estate market for the global super rich, according to Wealth-X and Sotheby’s International Realty. In a report, titled, “The Europe, Middle...
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Dubai developer to promote properties to Chinese buyers

Dubai-based prominent real estate developer Damac Properties has inked a deal with a Chinese property broker to promote its 37,000 properties inDubai to Chinese investors. Beijing-based property broker 5i5j employs nearly 30,000 real estate sales professionals and boasts of “selling...
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