Villas led the rally, where 488 units were sold, as well as 75 land plots
real estate mortgages
Dubai
Dubai residential property market transactions reach AED61.9bn despite inflation concerns
UAE’s diversified imports strategy, steps to boost its food security among the reasons for ‘cautious optimism’ when it comes to economic growth
mortgage finance
Armed with knowledge: A smarter approach to real estate investment
Here’s how you can pick properties which are ripe for investment, and diversify your portfolio to make it less susceptible to market fluctuations
Dubai
Dubai real estate sees continued surge in demand with transactions worth $490 million on a single day
Transactions on Tuesday, May 17, included sales of 342 villas and apartments worth AED 1.11 billion, and 49 land plots worth AED 295.09 million
Abu Dhabi
Real estate buyers face uncertain future as interest rate hike casts spectre on mortgage rates: Experts
Fixed term mortgages are likely to increase in popularity as buyers seek to lock in their mortgage costs amid increasing interest rates
Allsopp & Allsopp
Explained: 8 steps to handle a property transfer in Dubai
Jess Stephenson, Head of Sales Progression at Allsopp & Allsopp talks us through the steps to transfer a property when both parties have a mortgage
Allsopp & Allsopp
The importance of a mortgage pre-approval in Dubai’s real estate market
The importance of securing a mortgage pre-approval before beginning the search to buy a property is imperative
Dubai
Dubai real estate, rental prices likely to increase in 2022 building on strong economic rebound
The addition of about 30,000 units over 2022 should moderate price and rent increases, despite inflation and raw material price increases being passed through to customers
CBRE
Super Tuesday for real estate in Dubai sees $517.2 million worth of property deals in a single day
New figures from the Dubai Land Department detail hundreds of deals as the property market continues to surge.
Dubai real estate market
More than 8 in 10 of mortgage borrowers in the UAE are first-time buyers: report
Mortgage Finder processed home loans for buyers from more than 60 different countries in 2021, with nationals from Australia, France, India, South Africa, and the UK being in the majority
abu dhabi property market
Abu Dhabi real estate deals exceed $20bn in 2020 despite Covid impact
Khalifa City had the highest value of total sales, followed by Yas Island and Al Reem Island