Question: I’m a tenant in Dubai and recently received a rent hike notice that seems unfair. Dubai has introduced a smart rental index. How can I use this tool to negotiate a better rental rate? Answer: In Dubai, rental increases are regulated by specific laws, including Decree No. (43) of 2013, which outlines the maximum percentage by which rent can be raised. The increase depends on...
A stunning Dh63-million penthouse was among the units sold on the first day of the Burj Azizi launch, marking a historic moment in Dubai’s real estate market. The 131-storey tower, set to become the world’s second-tallest building, offers 128 ultra-luxurious 1, 2, and 3-bedroom penthouses spread across eight exclusive floors. The crown jewel is the 88th-floor penthouse, featuring a private steam room,...
Ras Al Khaimah has cemented its position as one of the UAE’s most dynamic real estate markets, with total transactions in 2024 surpassing AED15 billion ($4 billion)—a remarkable 118% increase compared to AED6.94 billion in 2023. The emirate’s real estate market recorded 2,985 sales transactions last year, highlighting its growing appeal to investors and homebuyers. Unprecedented Growth in Ras Al...
Dubai’s iconic Burj Azizi, set to become the world’s second-tallest tower, has announced its global sales launch on February 19. The 725-meter architectural marvel will be unveiled in seven major cities, including Dubai (Conrad Hotel), Hong Kong (The Peninsula), London (The Dorchester), Mumbai (JW Marriott Juhu), Singapore (Marina Bay Sands), Sydney (Four Seasons...
Dubai’s leading real estate developer, Emaar Properties, has announced a historic financial performance for 2024, reporting revenue of AED35.5 billion (9.7billion) and a NetProfit before tax of AED 18.9 billion. This remarkable achievement highlights the company’s operational excellence, customer-focused approach, and innovative strategies, solidifying its position as a global real estate...
Ramadan 2025 in the UAE is set to begin on the evening of February 28th and will conclude on March 29th. This sacred month is a time of fasting, prayer, and reflection for Muslims worldwide. For residents and tourists in Dubai, understanding the rules and customs during Ramadan is essential to show respect and fully embrace the cultural experience. Below is a detailed guide to help you...
The Smart Rent Index, introduced by the Dubai Land Department (DLD), is revolutionizing Dubai’s real estate sector by stabilizing rental prices, curbing inflation, and enhancing market transparency for 2025 and beyond. Leveraging advanced artificial intelligence, the index provides accurate, standardized rental assessments across all residential areas, including prime districts, free zones, and special...
Wynn Resorts CEO Craig Billings is optimistic about the UAE's gaming market, projecting it could grow to 3−3−5 billion (Dh11-Dh18.35 billion) in the coming years. Speaking during the company's Q4 2024 earnings call, Billings highlighted the UAE as the "most exciting" new market for the gaming industry in decades, dismissing concerns about potential competition from other integrated...
Experience adaptable living with Danube Properties’ latest innovation—studios that convert into 1-bedrooms and 1-bedrooms that expand into 2-bedrooms, designed to evolve with your lifestyle. Located in the thriving Dubai Silicon Oasis, TIMEZ by Danube offers unmatched connectivity to major highways and the upcoming Dubai Metro Blue Line, making it a prime investment opportunity. Key...
The Sheikh Rashid Bin Mohammed Bin Rashid Al Maktoum Housing Project for Citizens, a landmark development in Dubai, is making significant strides under the direct oversight of Her Highness Sheikha Hind bint Maktoum bin Juma Al Maktoum. With a total investment of AED 1.4 billion ($381.2 million), this project is set to deliver 672 family-friendly villas in the Wadi Al Amardi...