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UAE REAL ESTATE NEWS AND UPDATES

Real Estate Updates: News, Guide, Trends & Events

UAE Real Estate News
UAE is the second safest country in the world as per the rankings listed by the World Economic Forum (WEF) in the recent times. Amongst 136 countries, UAE has r...
As per the Dubai Statistics Center, Dubai’s real gross domestic product (GDP) reached Dh389 billion in 2017 compared to Dh379 billion in 2016. This marked an ...
With ground expected to be broken on multiple large-scale residential developments next year, the near term looks set to bring more of the same. As per the depa...
Real Estate Guide & Tips
Before you list your house for sale, make sure that your house is ready to sell! Here are the 5 must do’s before listing your house for sale: Look into your local...
The real estate scene of Jumeirah Beach residence has grabbed the attention of many investors over the years. After all, it is one of the most profitable investment envir...
Currently, Dubai is one of the smartest and most inspirational cities in the world. It is known to be extremely attractive to tourists, investors, and businesses as well....
New Launches & Trends
Off-plan is cheaper than ready property in the current times in Dubai. If you buy off-plan, it allows you to arrange your finances better. It clearly implies that you don...
During this year’s edition of Cityscape Global showcasing the evolution of the UAE's real estate market, a handful of basic trends have come up. Revival of Sharjah ...
For an expat currently living in the UAE, Dubai law states that you can purchase: A leasehold property A freehold property in one of the 23 freehold areas that in...
Property Fair & Events
As the New Year arrived, everyone had the same question in mind: what are the dates for the UAE public holidays this year? Most of the UAE residents wait for these dates ...
When it comes the buying of real estate in Dubai, Indians have by far held the top position. Being the top buyers of real estate in Dubai, they have contributed a handsom...
Being one of the most anticipated events of the upcoming 2018, the 13th edition of the International Property Show in Dubai, UAE is one of the Middle East’s Biggest Pro...
Know More About UAE

The UAE (United Arab Emirates) is a federation of seven emirates located on the Arabian Peninsula. The Persian Gulf borders the region to the north, Saudi Arabia to the south as well as west and Oman to the east. The seven sheikhdoms were previously referred to as the “ Trucial States” Six of these emirates namely, Abu Dhabi, Dubai, Sharjah, Umm al-Qaiwain, Ajman and Fujairah consented to the formation of a Federal Constitution to achieve independence as the United Arab Emirates in the July of 1971. The UAE finally gained golden independence on 2 December 1971. The federation was joined by the only remaining sheikhdom, Ras Al Khaimahin on 10 February 1972.

As far as UAE’s real estate market is concerned, the medium-term scenario for the UAE economy is pretty positive. Substantial growth has been noted in the tourism and entertainment sector of the UAE. The emergence of various tourist attractions during 2016 contributes to the currently flourishing real estate market of UAE. Some of these tourist attractions are Dubai Parks and Resorts, Dubai Opera, Yas, and Saadiyat Islands and much more.

Since a large number of real estate investors, builders and developers are making conscious efforts to expand their profiles, the education sector is thriving in the present times. This sector has garnered the attention of many aspiring real estate investors and builders due to its consistent public demand, the possibility of handsome financial returns and the incorporation of government policies in this sector.

With a yearly inflation increase of 2.1% for the first decade of months of the year, Abu Dhabi is experiencing a rise in the cost of living since 2016. The government’s diversification plan has been followed by the addition of a new fee of 3% of rent as a fixed amount to the utility bill of any household. There are several real estate opportunities in UAE.