Blog | Prestige Real Estate Brokers - Part 3

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Look who’s investing $41bn in Dubai

The Dubai real estate market is one of the most attractive and reliable markets in the world, with AED151 billion ($41 billion) invested by 217 nationalities in the sector between January 2016 and June 2017. That market attracts investors from…

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Saudi Arabia to allow women to drive: state media

In new decree, Saudi king requests that driving licences be issued to women who wanted them Riyadh: Saudi Arabia on Tuesday announced that it would allow women to drive, state media reported. King Salman Bin Abdul Aziz ordered the reform…

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Dubai’s new icon set to tower over Zabeel Park

One Za’abeel will feature a set of towers and linked through a 100-metre sky concourse. Dubai: Work has started on another of Dubai’s coming landmark – the One Za’abeel featuring two towers linked by what is to be the “world’s…

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Real estate leads economic activity in Dubai

The real estate sector has grown into a significant component of the economy in Dubai and the number of companies engaged in real estate and related activities in Dubai has now reached 8,011, including more than 680 real estate developers.…

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Land prices are already heading upwards in Dubai

There has been a 13% spike in first six months even as property values remain stuck. Dubai: In Dubai, land is where the returns are for investors right now. In the first six months of the year, plot prices in…

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Dubai landlords accept monthly rent cheques as market changes

Two- to four-cheque payment plans remain more common, says Cavendish Maxwell Landlords in Dubai have started accepting annual housing rents in six to 12 cheques, as new supply enters the market, according to a real estate consultancy. Data shared exclusively…

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UAE cuts processing time of residency visa in half

Moving to Dubai just got easier If you’re moving to the UAE anytime soon, we’ve got some good news. It’s now going to take much less time to process your residency visa, thanks to a new government initiative. The Ministries…

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