28 Jul 2016

Bayut Exclusive: Dubai areas with highest studio apartment yields

No Comments Analysis, Dubai, Dubai Properties, Dubai Real Estate, Investment in Dubai real estate grows, Property Buying, Property Renting, Research, Tips for Investors

International city

Studio apartments have always been the residence of choice among bachelors living in Dubai, but as the expat population of the emirate continues to rise, the units are increasingly being preferred by couples and newly-weds looking for affordable housing in the city.

Such is the demand of these units that their average property yields go as high as 12% in some areas. For people interested in investing in Dubai solely to benefit from high rental yields properties here offer, Bayut details Dubai’s areas where studio apartment returned the highest yields to landlords in Q2 2016. Read more

27 Jul 2016

Dubai Properties launches Bellevue Tower 2 in Business Bay

No Comments Development, Dubai, Dubai Properties, Dubai Real Estate, New development, News and Updates

 

DOOBS

The rapid development of Dubai Water Canal is stirring up demand in localities in adjoining areas. Amongst these lucky localities is Business Bay whose waterfront buildings have previously been very popular among the real estate investors of Dubai. The increase in demand has allowed room for developers to launch new towers here and Dubai Properties (DP) has done just that. Read more

27 Jul 2016

Dubai studio apartment rents under AED 50k? These area have them

No Comments Dubai, Dubai Real Estate, Property Renting, Real Estate, Tips for tenants

 dubeee

Though life in Dubai is needlessly associated with high cost of rent, there remain a host of bargains in popular areas that more than negate the notion. It is true that Dubai’s realty market remained on an upward trajectory in the last few years, but thanks to government’s robust efforts, inflationary price rises have been controlled and prices are stabilising.

As many of you could be plannning taking up residence in Dubai in the coming months, we thought we would let you in on popular localities where studio units could be rented for less than AED 50,000 ($13,600) a year. Read more

26 Jul 2016

DAMAC to launch Phase II of AKOYA Imagine by July end

No Comments Development, Dubai, Dubai Properties, Dubai Real Estate, Investment in Dubai real estate grows, New development, News and Updates, Property Buying, Property Developers, Real Estate, Tips for Investors, UAE Real Estate

dubaiii

Villa sales in Dubai are going ahead at a good pace and thanks to the rapidly increasing interest of property buyers in emirate’s residential units, DAMAC Properties has announced completely selling out all villas in the phase one of its AKOYA Imagine project. Encouraged by the booming sales, the developer has announced that it’s planning to launch the second phase of the project by the end of July 2016. Read more

25 Jul 2016

DLD reveals nationalities investing most in Dubai’s property sector in H1 2016

No Comments Analysis, Dubai, Dubai Properties, Dubai Real Estate, Economy, Investment, Investment in Dubai real estate grows, News and Updates, Property Buying, Real Estate, Research, Tips for Investors

featured

The numbers are out and UAE nationals have topped the lists of nationalities investing most in Dubai’s real estate market for the first half of the current year. The figures were released by Dubai Land Department and it revealed Emiratis investing a staggering AED 14.523 billion through 4,543 property transactions in H1 2016. Read more

22 Jul 2016

Want low-rent studio apartments in Abu Dhabi? Look in these areas

No Comments Abu Dhabi, Abu Dhabi Real Estate, News and Updates, Property Renting, Real Estate, UAE, UAE Real Estate

abu dhabiiiii

Accommodation is among the basic needs of humans and a majority of those moving to new cities for work-related opportunities like to spend a minimum on housing. So realising the constant influx of expats into UAE capital Abu Dhabi, Bayut has dug deep into its database to inform readers about the most affordable studio apartments up for renting in the growing city. Do read the details before making up your mind on setting up camp in the emirate. The following text discusses average rents in the first six months of 2016 (H1 2016).

Read more

22 Jul 2016

Abu Dhabi approves multimillion projects likely to spur real estate activity

No Comments Abu Dhabi, Abu Dhabi Real Estate, Development, Investment, New development, News and Updates, UAE Real Estate

ADB

 

Abu Dhabi Urban Planning Council’s (UPC) efforts of sharing data between developers and the government seemed a bit compromising at first, but a new announcement of development projects valuing a staggering AED 470 million is clearly showing its importance. These developments were planned after the Municipality of Abu Dhabi City conducted surveys to identify the needs of residents in several areas. This announcement also puts to rest all concerns of reduced government spending as a result of the global oil price crunch. Read more

21 Jul 2016

Prestige Real Estate wins Bayut’s June 2016 ‘Agency of the Month’ award

No Comments News and Updates, Real Estate Agencies

agency of the month

 Keeping up with our commitment to provide our users with superlative information on the U.A.E.’s ever-growing real estate market, Bayut.com is putting a spotlight on another high performer in the real estate sector with its June 2016 ‘Agency of the Month’ award. This month, the award for outstanding achievement in realty goes to a Dubai-based agency and one of our dearest long-term partners Prestige Real Estate. Read more

20 Jul 2016

Dubai Municipality gives a go ahead to Desert Rose City Project

No Comments News and Updates

 

DubAI

Dubai’s cranes are in full motion once again as developers – finding Expo 2020 inching closer with each passing day and the market being driven by genuine demand – are utilising every ounce of their energies in completing announced projects.

As the golden dusts of prosperity and development cover emirate’s popular residential localities, government-backed property developers announce new development project to propel the property sector forward. Amongst such projects is Dubai’s Desert Rose City project whose plans have just been approved by the Dubai Municipality. Read more

19 Jul 2016

Dubai conducts real estate transactions worth AED 113bn in H1 2016

No Comments Development, Dubai, Dubai Properties, Dubai Real Estate, Investment, Investment in Dubai real estate grows, News and Updates, Real Estate, Tips for Investors, UAE Real Estate

Dubai tower

Dubai’s real estate market is steadily gaining strength and popularity amongst people worldwide. Although property transactions slowed down after the emirate doubled property transaction fee in 2014, but that just separated property flippers from genuine buyers with the fore being effectively curbed from the market during the course of the year. The market is now conducting a commendable number of property transactions with investment values continuously increasing every quarter. Read more