The real estate market in Dubai is changing rapidly. Whereas previously many investors resold their off-plan properties for a profit, the number of sales at the original purchase price is noticeably increasing. This trend speaks volumes about the current state of the market. What is an off-plan resale? In an off-plan resale, an investor sells a property they originally purchased directly from a...
Dubai is in the midst of an enormous construction boom. Every year, tens of thousands of new homes are announced, often as so-called off-plan projects, which typically take an average of three years to complete. But is the population actually growing fast enough to fill all these new homes? Explosion of Off-Plan Projects Since 2022, a total of 263,000 new off-plan homes have been launched. In 2022,...
In Dubai's rapidly growing real estate market, dozens of developers are active, each with their own strengths and weaknesses. Whether you are looking for quality, speed, or reliability: these are the names you need to know. For Top Quality When it comes to finishing, design, and high-quality materials, two names stand out: Ellington and Meraas. These developers are renowned for their attention to...
In a bold move that signals the deepening connection between real estate and the digital economy, RAK Properties has unveiled a new payment option for international property buyers: cryptocurrency. The Ras Al Khaimah-based developer, listed on the Abu Dhabi Securities Exchange (ADX), announced a strategic collaboration with fintech firm Hubpay to facilitate secure and fully regulated crypto...
