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Dubai’s Sobha Realty sells out $381m S Tower

The Dubai developer has announced that Tower S is completely sold out Sobha real estate company in Dubai has announced the sale of the luxury S Tower completely. The high-rise project generated 1.4 billion dirhams ($381 million) from Sobha Real Estate sales. The developer says this is a sign of the strong performance of Dubai's real estate market, as the emirate has established itself as one of...

The price per square foot of Dubai’s most expensive locations – Jumeira Bay, Palm, City Walk – keeps increasing

Talk about selling at a high – the Jumeira Bay land that just sold for Dh125 million came to Dh5,115 per square foot. And that is a staggering 242% increase over the previous asking price for this prized undeveloped property at one of Dubai’s most sought-after waterfront locales. In truth, plots, and homes on Jumeira Bay have been bringing developers or owners, as the case may be, some astronomical...

Dubai records over AED1.9 billion in realty transactions on Wednesday

According to data provided by Dubai’s Land Department (DLD), the real estate market in Dubai had 451 sales transactions worth AED1.2 billion on Wednesday, along with 82 mortgage deals totaling AED663.03 million and 19 gift deals totaling AED36.64 million. The sales included 35 land plots at AED384.67 million and 416 homes and apartments worth AED819.39 million. The mortgages covered 16 land plots...

Dubai records over AED1.5 billion in realty transactions on Thursday

According to data provided by Dubai’s Land Department (DLD), the real estate market in Dubai had 533 sales transactions worth AED1.24 billion on Thursday, along with 129 mortgage deals totaling AED239.19 million and 21 gift deals totaling AED21.52 million. The sales included 44 land plots at AED224.57 million and 489 homes and apartments totaling AED1.02 billion. The mortgages covered 19 land...

A Golden Visa can now be obtained digitally by investing Dh2 million in Dubai property

Even crowdfunding your way into Dubai real estate ventures now may be able to help you obtain a Golden Visa. However, you must still deposit Dh2 million or more. To investors who enter the platform through SPVs (Special Purpose Vehicles) registered with the Dubai International Financial Centre, the proptech company Stake is providing Golden Visa choices. On its platform, they must invest at least Dh2...

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