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Here is what you should be doing with 1 million dirhams in Dubai

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There are infinite possibilities of things you can do if you have a million dirhams. You could take the sensible road and save it all, or live-it-up by splurging on endless shopping trips, buying the largest home possible, or, taking a vacation on any of the luxury cruises starting from Dubai. But we have something better in mind; something that will allow you to live your life in style and that is investing in any of these spectacular off-plan villas in Dubai. The best thing about them is that they are all under AED 1M. Let’s take a closer look at what you will get to be a part of if you spend one million to buy a villa in these off-plan projects in Dubai. MOST POPULAR areas in Dubai WITH off-plan VILLAS UNDER AED 1M While there are plenty of off-plan projects in Dubai, the ones we have mentioned…

Best areas in Dubai to rent 5-bedroom villas under AED 240k

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The Dubai real estate market has been showing trends of becoming a very renter-friendly market, allowing more and more residents to consider the option of moving into larger homes. If you are planning on upgrading to a villa, MyBayut is here to help! Here are the top five areas for renting 5-bedroom villas in Dubai under AED 240k. TOP AREAS FOR RENTING 5-BEDROOM VILLAS IN DUBAI under aed 240k We recently released our Dubai Q3 2018 market report where we analysed the price trends of the UAE property market by comparing the current property prices, with prices seen in Q2 of 2018, to get a fair understanding of how they have changed since Dubai H1 real estate market report was published. The property price showed a downward trend for 5-bedroom villa rentals in Dubai. This means that if you were contemplating of upgrading to a larger home, now is the right time to do so, as…

Investing in Al Reem Island Apartments? Here’s everything you need to know.

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If you enjoy stunning waterfront views coupled with swanky high-rises boasting some of the most high-end amenities and recreational facilities in the capital, the properties on Al Reem Island will be ideal for you. For those of you considering buying property on Al Reem Island, we have put together a comprehensive report on the top areas for real estate investments within the district. Here are the top 5 areas for investing in Al Reem Island apartments, one of the fastest developing neighbourhoods in Abu Dhabi. Best areas to Buy Apartments in Al Reem Island Al Reem Island is certainly more popular for buying apartments in Abu Dhabi, as the skyscrapers here offer the perfect vantage points for the sparkling views of the waters. There are a few villas in the Shams Abu Dhabi and City Of Lights communities in Al Reem Island, but most people looking for ready properties tend…

Investing in The Springs: Best sub-communities to buy villas revealed!

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Looking to buy a villa in The Springs? Known for its beautiful landscaped gardens, tranquil setting and premium community amenities, The Springs offers its residents the best suburban lifestyle in Dubai. If you are thinking of buying a villa in The Springs, today MyBayut brings you a break down of all the popular sub-communities within this idyllic suburban community. Top sub-communities in The Spring to buy villas According to Bayut’s Dubai 2018 Q3 market report, the property sales trends in The Springs show that this gated community ranks as the fourth most popular area to buy villas in Dubai. With that being said, let’s take a closer look at which sub-communities made it to the list of most popular areas for buying villas in The Springs. The Springs 11 Every sub-community with The Springs has been carefully crafted, designed and developed by master-developer Emaar. Buying a villa in The Springs…

Experience of working with real estate agents in Dubai – Survey results

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The growing number of properties all across the UAE and the introduction of the new policies such as the 5-year visa for retirees plus the 10-year visa and 100% ownership of foreign companies, is bringing a lot of attention to the real estate market here resulting in an increased the need for real estate agents. To get an understanding of peoples views across the country about their experience with property agents, we opened up a survey on real estate agents in Dubai, to over 300,000 followers across our social media outlets and email subscriber base. Let’s take a look at what the results have to show about property agents in Dubai. how quickly did the agent get back to you? The first thing we wanted to understand about real estate agents in Dubai, was the response time our audience experienced when contacting a property agent. The results were pleasant to note! A large majority of 45% of respondents…

Abu Dhabi Q3 2018 Market Report: Prices on average see modest decreases

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Looking to invest in real estate in Abu Dhabi? Following our release of the Q3 2018 reports for Dubai and Sharjah, its now time to take a look at the price trends in the Abu Dhabi property market. Let’s take a look at how the capital city has fared from a rental and investment perspective for properties in Abu Dhabi for Q3 of 2018. Mohammed Bin Zayed City takes the top spot for apartment RENTALS in Abu Dhabi On evaluating the real estate trends in Abu Dhabi for Q3 based on the data from Bayut.com users, the top ten areas to rent flats in the Abu Dhabi property market are more or less similar to what we saw in the H1 Abu Dhabi market report for 2018, with the most significant drops being for 1-bedroom apartments in Khalifa City A where average prices fell by 12.7% from AED 55k to AED 48k, followed by a…

Q3 Ajman Market Report: Modest price changes across properties for sale and rent

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After our Q3 report on Dubai, Abu Dhabi and Sharjah property markets, it’s now time to look at the smallest emirate in the UAE and see how the prices for properties in Ajman have fared since Q2 of 2018. Despite being the smallest emirate in the UAE, the modest prices, coupled with the family-friendly ambience of the Ajman property market has made the emirate an attractive option, particularly for families with children. Read on to get the latest insights on the Ajman real estate market with a detailed analysis of the top areas for renting and buying in the emirate along with details on the top off-plan projects in Ajman. Top 10 areas to rent apartments in the Ajman real estate market When it comes to apartment rentals the top spot predictably goes to Al Nuaimiya, which frequently features on the list of best places to live in Ajman. In terms…

Q3 Market Report: Prices soften overall in the Dubai property industry

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In the last few months, we have seen a whirlwind of announcements and updates from the UAE government, most of which have far-reaching implications on the Dubai real estate market. Although it’s still too early to tell how the newly announced laws retirement visa, company ownership and 10-year residency will impact the overall property market in Dubai over the course of the next year, we can anticipate a paradigm shift in the perception of property investments in the country. As we enter the final few months of 2018, it’s time to look at how the real estate market in Dubai has evolved in the last three months. The data engineers at Bayut have put their best foot forward to get you the real estate trends in the Dubai property market for Q3 of 2018. In the Q3 real estate market report for Dubai, our data team has compared prices between…

Sharjah Q3 2018 Market Report: Property prices stay affordable with modest decreases

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As we move into the final quarter of 2018, it’s now time to take a look at the property market in Sharjah and the other emirates in the UAE. This time we compared the prices of the property market seen in Q2 of 2018 with Q3 of 2018 to get a fair understanding of how the Sharjah real estate market has changed and what are the best areas to invest in. Let’s take a look at what our data engineers were able to find out about the latest trends for sales and rent prices for properties in Sharjah. Investors and renters would be happy to know that prices for renting and buying properties in Sharjah are following a downward trend when compared to the prices in Q2 of 2018. This news only further fortifies the emirate’s position to offer affordable housing. Here’s an in-depth report of the real estate market trends in…

Last month in real estate – September 2018

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As the temperatures are starting drop down just a bit around the country, things have remained hot and happening with the UAE real estate market. There have been several major developments and numerous announcements made in the last month. Let’s take a quick recap on all the UAE property news which made the biggest headlines for September 2018. Top UAE property news stories in September Here are the property news updates from the real estate market in the UAE. 5-year retiree visa to boost UAE real estate One of the most talked about UAE property news update this month has been the effect of the five-year residency visa for retired expatriates. The new law which states that expatriates over the age of 55 will be eligible to apply for a five-year retirement visa if they meet certain terms, has sparked a lot of interest amongst the real estate industry in the UAE due to the…