Dubai's fractional real estate investment landscape has been transformed with PRYPCO Blocks introducing the UAE's first upfront rental guarantee, allowing investors to receive their entire year's rental income within just two months of investment. This groundbreaking initiative is reshaping how investors approach Dubai's booming property market, which recorded 94,000 residential sales transactions worth...
Dubai property service charges are set to increase by up to 10% in 2025, driven by rising real estate maintenance costs, higher district cooling charges in Dubai, and increased utility expenses. These fees cover property management costs, including cleaning, security, waste disposal, landscaping, and other real estate service charges in Dubai. For Dubai property investors and homeowners, understanding...
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...
Dubai’s real estate market is poised for stabilization in 2025, with rent increases expected to slow down significantly. This shift is driven by a record-breaking supply of over 72,300 residential units scheduled for handover in 2025, offering tenants and investors a more balanced and sustainable rental environment. Industry experts attribute this trend to the introduction of the smart rental index,...
Real estate experts predict that property prices and rents in areas near Etihad Rail stations could surge by up to 15% following the recent unveiling of the high-speed rail network. While the full impact is expected to unfold gradually, the proximity to rail stations is anticipated to play a pivotal role in boosting property values. Jeff Raju, CEO of Manifest Real Estate, stated, “Areas surrounding...