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New RERA rules

New rules good news for Dubai property purchasers

Dubai's Real Estate Regulatory Authority (RERA) has initiated robust measures to combat deceptive online property advertisements, heralding a significant transformation in the city's real estate sector. The latest policy by RERA is poised to substantially slash property sales ads by up to 40 percent across multiple real estate platforms. This crackdown targets the misuse of developers' No Objection...

golden visa

GOLDEN TICKET: Golden Visa Changes Unlock Dubai Opportunities

In a move that is set to reshape the landscape of long-term residency options in the United Arab Emirates (UAE), the country has unveiled significant revisions to its Golden Visa program. The elimination of the minimum down payment requirement, previously set at Dh1 million, stands out as a game-changer, making the renewable residency program more accessible than ever for property investors. Unlocking...

chinese demand for dubai property

PARAGON PROPERTIES IN THE NEWS | Chinese Demand to Fuel Continued Surge in Dubai Luxury Property Prices in 2024

Dubai Property Post reports:Chinese buyers are driving Dubai’s property market, positioning the city as a premier destination for affluent individuals, states Knight Frank.The property consultancy forecasts that, in the long term, Dubai will join the ranks of top financial hubs like New York, London, and Singapore ... Paragon Properties CFO Angelo Kazantzas stressed that while Chinese buyers were...

expats

Relocation Destination: Dubai the World’s Most Popular Choice for Expats

Dubai has proven to be the preferred destination for expats considering a move abroad, outshining well-known cities such as New York, Miami, and Paris. In a recent study conducted by financial services firm Remitly, People from 60 countries, including the USA, Canada and the United Kingdom chose Dubai as the country they would most love to move to and live. The emirate was also recognised as the...

Dubai 2024

Dubai 2024: Real Estate Market Poised for Remarkable Growth

Dubai's real estate market is set to experience a seismic shift in 2024, with significant growth on the horizon. The convergence of robust demand, a thriving economy, and international investor interest positions Dubai as a global leader in the real estate sector. Dubai 2024: Key factors driving the growth and evolution of Dubai's real estate market this year Sustainable Living and Green Property...

flocking to Dubai

Why 1000s of investors from Russia and Europe are flocking to Dubai properties

The Dubai property market has experienced a remarkable surge in prices, largely attributed to a significant influx of Russian and European investors. These investors are flocking to Dubai, increasingly drawn to the emirate's real estate sector, seeking stable markets and the promise of a luxurious lifestyle.Dubai, a city already bustling with expatriates, with nearly 90 per cent of its approximately 10...

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PARAGON PROPERTIES IN THE NEWS: Major property markets to experience house price falls in 2023

These price declines will not make housing affordable, as mortgage rates have doubled since the start of 2022 and are expected to rise further House prices in most major property markets will fall in 2023, according to nearly 100 housing market analysts, but they predicted double-digit peak-to-trough declines will not come close to making them affordable. Mortgage rates have doubled on average in...

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PARAGON PROPERTIES IN THE NEWS: Relaunch of Palm Jebel Ali shows ‘sheer demand’ for Dubai property

Megaproject halted in 2009 set for relaunch as value of beachfront properties rise 300 per cent in two years The relaunch of the Palm Jebel Ali megaproject could further turbocharge Dubai’s housing market as real estate agents report a 300 per cent rise in the value of some waterside properties. Dean Charter, the founder of Paragon Properties, said demand for beachfront homes far outweighs current...

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