uae Archives - Prowin Properties

Sep 22 No Comments

Deals of Off-Plan Properties in Dubai Record 8X Increase From 2020 to 2023

Author: Avijit

Categories: Commercial Real Estate,Insights,Investment Opportunities,Market Trends,New Developments,News,Property,Top-Stories,Uncategorized

Off-Plan Properties in Dubai have emerged as the frontrunners in the real estate arena, marking a remarkable resurgence after a relatively quiet 2020. Pre-handover sales have experienced an astounding surge, witnessing an eight-fold increase in recent years, contributing to over half of all real estate transactions.

The off-plan property sector in Dubai is currently experiencing an exciting boom, with strategic keyword placement for “off-plan properties in Dubai” enhancing its online visibility.

Sep 19 No Comments

Real Estate Market in Dubai Records a Whopping Transactions Worth AED 1.88 Billion in a Single Day

Author: Avijit

Categories: Commercial Real Estate,Insights,Market Trends,New Developments,News,Property,Real estate market insights in dubai

Real Estate Market in Dubai Records a Whopping Transactions Worth AED 1.88 Billion in a Single Day

In a significant development, the real estate market in Dubai has continued its upward trajectory, showcasing its resilience and attractiveness to investors.

According to data released by the Dubai Land Department (DLD), the market recorded a total of 567 sales transactions, amounting to AED 1.88 billion on Monday.

Additionally, there were 155 mortgage deals totaling AED 688.9 million, and 17 gift deals valued at AED 44.05 million.

Sep 13 No Comments

Off-Plan Property Market in Dubai Surges as Secondary Home Market Declines

Author: Prajwal

Categories: News,Secondary Home Market In Dubai

Off-Plan Property Market in Dubai Surges as Secondary Home Market Declines

Off-Plan Property market of Dubai surges as secondary property market, which had experienced explosive growth driven by high investor demand, is now exhibiting signs of a slowdown.

Secondary market sales in Dubai witnessed a 10.2% decline in August 2023 compared to the previous year.

Additionally, the tenancy market is showing a slight moderation, with average rents in Dubai increasing by 21.7% in the year leading up to August 2023.

This figure represents a marginal dip from the 22% growth recorded in July 2023.

Sep 13 No Comments

What Are the Benefits of Becoming a Real Estate Agent in Dubai

Author: Avijit

Categories: Market Trends,Real estate market insights in dubai,Top-Stories

Dubai, often hailed as one of the world’s most opulent and sought-after places to live, beckons with its luxurious lifestyle and booming real estate market.

For those looking to invest in real estate or facilitate property transactions, becoming a real estate agent in Dubai presents a golden opportunity.

These realtors in Dubai are in high demand, helping individuals find their dream properties amidst the city’s glittering skyline.

Sep 12 No Comments

Bayut Unveils UAE’s First AI Property Search Assistant BayutGPT

Author: Prajwal

Categories: Market Trends,New Developments,News

Bayut Unveils UAE’s First AI Property Search Assistant BayutGPT

In recent years, Bayut, the UAE’s leading property portal, has pioneered innovations in the PropTech domain with multiple solutions tailored to meet the evolving needs of the market.

A New Era in Property Search

Following on from their industry-defining products such as TruCheck and Search 2.0, Bayut has taken the step to further seamlessly integrate AI into the property search experience with the launch of BayutGPT, the region’s first cutting-edge AI-powered property search assistant.

Sep 09 No Comments

10 Reasons Why You Should Invest in a Flat Instead of a Villa in Dubai

Author: Avijit

Categories: Buying Guides,Dubai's Real Estate History,Featured,Investment Opportunities,Property,Top-Stories

10 Reasons Why You Should Invest in a Flat Instead of a Villa in Dubai

When it comes to investment, property stands out as one of the most lucrative avenues. Property owners have the choice of purchasing real estate for resale or renting it out for consistent income.

In the dynamic Dubai real estate market, a common question often arises: “What are the advantages of investing in a flat over a villa?”

Sep 08 No Comments

Ginco Properties Launches New Project at Business Bay Dubai

Author: Prajwal

Categories: Buying Guides,Property,Real estate market insights in dubai,Sustainable Real Estate,Top-Stories

Ginco Properties, a name synonymous with excellence in the real estate sector, has set the stage for a new era of luxury living in Dubai’s thriving Business Bay district.

The unveiling of their latest project, VYB at Business Bay, has sent ripples of excitement through the real estate market, promising an unparalleled blend of aesthetics and practicality.