Buying homes in Dubai is no longer an exclusive rich man’s game

Developers are now targeting mid-income residents Dubai: You don’t need to be that wealthy to buy a home in Dubai. Even a salaried mid-income household or a small business owner on a tight budget is now getting to have options to buy a home in Dubai as developers make a decisive change in their approach….

Dubai launches ‘city of the future’

Jumeirah Central: Urban mixed-use city district The Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum on Saturday announced the launch of Jumeirah Central, an urban mixed-use city district expected to become a comprehensive model for future urban planning in Dubai and around the…

$43 billion spent on Dubai real estate in 2016

Real estate transactions worth more than AED158 billion ($43 billion) were recorded in Dubai in the first eight months of 2016, according to Dubai Land Department’s (DLD) Transactions Report. More than 38,800 sales, mortgages and other transactions were recorded in the study, issued by its Real Estate Research and Studies Department. It revealed that more…

Where exactly is the centre of Dubai?

Identifying the boundaries of the centre in any large metropolitan area is an interesting – and often controversial – exercise, as central real estate prices typically command a premium. The reason for this premium is not only the added convenience to be close to everything, social distinction and the prestige of being at the heart…