Dubai Weekly Property News Round Up – 13.05.23

Hello,

I hope you are well. This week we are excited to be able to introduce our latest premium Dubai residential development, Hadley Heights, located in the popular community of Jumeirah Village Circle.

With an impressive range of hotel-style amenities including a tennis court, swimming pools, spa, sauna and mini-golf, this will be an enviable addition to any investor’s portfolio and is guaranteed to be a hit with tenants.

If you would like to learn more, reply to this article today.

Now, let’s take a look at all the headlines that caught our attention this week. I always try to summarise the links to save you from having to click through.

Episode 61: Where Should You Be Investing Right Now?

– The latest episode of the Pure Property Podcast is out now. You can listen to it on Apple Podcasts and all other major platforms.

Remember, you can also listen to this week’s newsletter on the podcast as well.

We would really appreciate it if you could subscribe and leave feedback for our Podcast on Apple.

Property Headlines This Week

  • Dubai Experiencing Rental Yield & House Price Explosion in 2023 – Dubai’s real estate market is booming, providing strong returns for landlords and investors, as property prices and rental yields increase. Bayut’s Q1 2023 report shows sale prices rose by up to 24%, and luxury villa rents increased by up to 89%. The Marina and Palm Jumeirah were the most searched luxury apartment and villa areas, respectively, while International City had the highest rental yield at 9.16%. The most significant rent increases were in luxury villa neighbourhoods, particularly Umm Suqeim. Haider Ali Khan, CEO of Bayut, attributed the boom to Dubai’s growing economy, safety, infrastructure, and government support.

 

  • Real Estate Innovation Incubator 2023 Launched by the DLD – The Dubai Land Department (DLD) has partnered with Xclusiverse Technology Company to launch the Real Estate Innovation Incubator 2023. The initiative aims to attract innovative global real estate companies and foster local industry skills, aligning with the Dubai Economic Agenda D33. It will also encourage the testing and commercialisation of novel technologies in Dubai. The collaboration will see Xclusiverse build a team to establish a virtual incubator platform, a business accelerator, and real estate tech companies, ensuring information security and adhering to global standards.

 

  • What are Dubai’s Top 3 Property Investment Projects This Year? 
    Realiste has identified the top three investment opportunities in Dubai’s real estate sector for 2023 using its AI-driven platform, “Index”. Luxury developments URL Infinity by Omniyat and Como Residence by Nakheel, both located in Palm Jumeirah, offer promising returns with potential profits of 20-30% and significant growth over three to five years, respectively. The third project, Domakla Guntz, is a large-scale townhouse development offering around 30% profit over a three-year period.


That is all we have for you this week. If you have any comments or questions on this week’s news summary then please feel free to send us an email at [email protected]  – if not, see you next week.

Popular Posts

Track Capital’s Exclusive Site Visit to Manchester’s Best-Selling Development

Date: October 11, 2024

Weekly Property News Round Up – 05.10.24

Date: October 10, 2024

Weekly Property News Round Up – 28.09.24

Date: October 1, 2024

Why Investing in Liverpool Is the Smartest Move for Property Investors in 2024

Date: September 25, 2024

Weekly Property News Round Up – 21.09.24

Date: September 24, 2024

Weekly Property News Round Up – 14.09.24

Date: September 17, 2024

Buy-To-Let: Limited Company vs Personal Ownership

Date: September 10, 2024

Weekly Property News Round Up – 07.09.24

Date: September 8, 2024

Weekly Property News Round Up – 31.08.24

Date: September 5, 2024

How To Make Money From Property (5 Proven Strategies)

Date: August 29, 2024

Weekly Property News Round Up – 24.08.24

Date: August 27, 2024

Weekly Property News Round Up – 17.08.24

Date: August 27, 2024

How to Buy Property for £40K in the UK in 2024: Recap of Our Latest Webinar

Date: August 16, 2024

Where’s The Best Place To Invest In Property In 2024?

Date: August 13, 2024

Weekly Property News Round Up – 10.08.24

Date: August 12, 2024

How the King’s Speech Could Shape Property Investment: Key Updates for Investors

Date: August 6, 2024

Weekly Property News Round Up – 03.08.24

Date: August 5, 2024

Weekly Property News Round Up – 27.07.24

Date: July 30, 2024

The Best Areas For Student Property Investment In Birmingham

Date: July 30, 2024

Weekly Property News Round Up – 20.07.24

Date: July 26, 2024

Dubai Weekly Property News Round Up – 13.07.24

Date: July 16, 2024

Weekly Property News Round Up – 13.07.24

Date: July 16, 2024

Dubai Weekly Property News Round Up – 07.07.24

Date: July 8, 2024

Weekly Property News Round Up – 07.07.24

Date: July 8, 2024

Dubai Weekly Property News Round Up – 30.06.24

Date: July 8, 2024

Weekly Property News Round Up – 30.06.24

Date: July 8, 2024

Dubai Weekly Property News Round Up – 22.06.24

Date: July 8, 2024

Weekly Property News Round Up – 22.06.24

Date: July 8, 2024

Dubai Weekly Property News Round Up – 15.06.24

Date: July 8, 2024

Weekly Property News Round Up – 15.06.24

Date: July 8, 2024

Recent Posts

Track Capital’s Exclusive Site Visit to Manchester’s Best-Selling Development

Date: October 11, 2024

Weekly Property News Round Up – 05.10.24

Date: October 10, 2024

Get in touch with us by clicking below and submitting an enquiry.

if you have any questions or would like to inquire about our services, please click on the “Contact Us” button below to be redirected to our contact page. Our team is dedicated to providing exceptional customer service and will do their best to assist you with any inquiries you may have.