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The location currently offers an average yield of 5.84% and will see a further 3,000 units added Launched in 2003, Business Bay is a central business district situated on an extension of Dubai Creek. Since the master-developer Dubai Properties began selling plots in Business Bay to private developers in 2005, this community has emerged as…
Phase one of wasl1 featuring four high-rises is bringing investors on board The high-profile Zabeel area in Dubai is seeing freehold action — Phase 1 of wasl1 is now on sale. This phase will feature four luxury towers set on a shared podium, and featuring 746 apartments. Eventually, the wasl1 will be a nine residential…
They put in a combined Dh40.5b worth of funds into various asset types in first nine months Dubai Gulf and Arab investors have been powering the Dubai property market, together accounting for Dh40.5 billion in property and plot purchases in the first nine months. In fact, 7,841 Gulf nationals were participants in 11,000 transactions during…
Average cost of a prime apartment in Dubai is $8,400 per square metre. Dubai: The city of Dubai is rightly famous for the glitz and glamour of its architecture. There’s an abundant supply of majestic properties with sprawling gardens or swanky apartments overlooking its yacht-lined marinas. But despite all that opulence, the emirate remains one…
Owning a home is a keystone of wealth… both financial affluence and emotional security.