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Dubai allows property owners on Sheikh Zayed Road and Jaddaf to convert to freehold
Dubai is to allow private property owners of all nationalities in the Sheikh Zayed Road and Al Jaddaf areas to convert their ownership to freehold status, in a move aimed at boosting the city’s position as a major hub for real estate investment. A total of 457 plots are eligible for conversion to freehold – […]
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UAE Property: ‘How does Dubai’s new rental index differ from the old one?
uestion: I read an article recently about the launch of a new smart rental index for the Dubai real estate market. Can you tell me what this is exactly and how does it differ from the old one? CT, Dubai Answer: The Dubai Land Department has now introduced an updated version of what was previously […]
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UAE’s wellness property market to jump from Dh503 million to Dh31 billion
Wellness has become a popular buzzword in the UAE’s real estate, especially in the residential market, attracting massive investments from developers. According to a study by a Sharjah-based master developer, the UAE’s residential wellness real estate market alone will grow from $137 million (Dh503 million) in 2024 to nearly $8.4 billion (Dh31 billion) by 2027. […]
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