DXB Interact
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Stay ahead in Dubai's real estate market! πŸ“ˆ

πŸ‘πŸ“ŠExplore daily sales transactions, track property prices, and access exclusive market reports on DXB Interact.

Explore more: https://dxbinteract.com/?channel_id=803
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The Rings by PMR: Dubai’s Ultra-Luxury Icon Set for 2025 Completion

The Rings by PMR is a luxury residence set to rise along Dubai Water Canal by December 2025. It features opulent 5-7 bedroom homes with private gardens, home theaters, and panoramic terraces, all near Burj Khalifa.

With a 60/40 payment plan and a 10-year Golden Visa for foreign buyers, this development offers a new level of luxury living in Dubai.

🌐 Read More HERE !

#dxbinteract #realestatemarket #propertymarket
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πŸ“ŒDAMAC Launches Exclusive Project for Emirati Brokers

DAMAC Properties has launched a building exclusively for Emirati brokers to sell units in the Damac Lagoon Views project.

Emirati brokers earn a 6% commission, and Emirati buyers receive a 10% discount. This initiative emphasizes the importance of Emirati brokers in the UAE's real estate market.

🌐 Read More News HERE !

#dxbinteract #realestatemarket #propertymarket
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Last Week Overview

BUSINESS BAY

πŸ’²Median Price:

AED 1,573,000
-8% decrease
from last week

πŸ’Έ Median Price Per Sqft:

AED 2,090
-20% decrease
from last week

πŸ“ˆ Transactions:

142 transactions
-46% decline from last week


🌐 View the whole report HERE !

#dxbinteract #realestatemarket #propertymarket
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Last Week Overview

JUMEIRAH VILLAGE CIRCLE

πŸ’²Median Price:

AED 900,000
-1% decrease
from last week

πŸ’Έ Median Price Per Sqft:

AED 1,350
+8% increase
from last week

πŸ“ˆ Transactions:

1,269 transactions
+16% increase
from last week

🌐 View the whole report HERE !

#dxbinteract #realestatemarket #propertymarket
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Sobha Realty Announces Selene Beach Residences on Siniya Island, Umm Al Quwain

Sobha Realty's Selene Beach Residences on Siniya Island offers 546 luxury apartments with waterfront views and eco-friendly amenities.

Combining modern living with natural beauty, the development is competitively priced and promises a projected 44% capital appreciation.

🌐 Read More HERE !

#dxbinteract #realestatemarket #propertymarket
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Dubai Real Estate Market Overview:
July 2024


πŸ“Š Sale Volume:

15,994 transactions - growth of 43.2% compared to July 2023

πŸ’Έ Total Sales Value:

AED 49.6B - growth of 31.6% compared to July 2023

🏑 Rental Prices:

β€’ Apartments: AED 22.3B (59.1% increase vs July 2023)
β€’ Villas: AED 14.3B (8.6% increase vs July 2023)
β€’ Commercial: AED 869.5M (27.4% increase
vs July 2023)
β€’ Plots: AED 12.1B (-6.5% decrease vs July 2023)


🌐 Discover more info in the full report HERE !

#dxbinteract #realestatemarket #propertymarket
πŸ“ˆDubai Real Estate Market Overview

Weekly Sales Summary

βœ… Sales volume:
3,750 transactions

+16.56% increase


βœ… Worth:
1.4K per sqft

-100% decrease


🌐 More Reports HERE !

#dxbinteract #realestatemarket #propertymarket
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⭐️Top 5 Performing Areas Revealed - July 2024

1. Jumeirah Village Circle (JVC)
- 1,200+ transactions, top choice for its location and amenities.

2. Hadaeq Sheikh Mohammed Bin Rashid - 1,100+ transactions, luxury villas near key landmarks.

3. Business Bay - Nearly 1,100 transactions, favored for its central location and high rental yields.

4. Dubai Creek Harbour - 800 transactions, known for waterfront views and modern living.

5. Dubai Marina - Just under 700 transactions, popular for its vibrant lifestyle and amenities.

🌐 Read More HERE !

#dxbinteract #realestatemarket #propertymarket
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πŸ“ŒAl Wasl District Announces New AED7 Billion Development

Dubai's Al Wasl District is launching a AED7 billion luxury project featuring 17 high-end villas.

Priced between AED40 million and AED150 million, these villas offer exclusive freehold ownership near the CBD and Jumeirah Beach, targeting affluent investors.

πŸ–₯ Read More HERE !

#dxbinteract #realestatemarket #propertymarket
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Last Week Overview

DOWNTOWN DUBAI

πŸ’²Median Price:

AED 4,000,000
+65% increase
from last week

πŸ’Έ Median Price Per Sqft:

AED 3,310
+31% increase
from last week

πŸ“ˆ Transactions:

55 transactions
-18% decrease
from last week

🌐 View the whole report HERE !

#dxbinteract #realestatemarket #propertymarket
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πŸ’²What was the approximate sales value in Dubai’s real estate market for July 2024?πŸ“Š
Anonymous Quiz
24%
AED 300 billion
29%
AED 450 billion
16%
AED 500 billion
31%
AED 600 billion
Last Week Overview

BUSINESS BAY

πŸ’²Median Price:

AED 1,339,000
-13% decrease
from last week

πŸ’Έ Median Price Per Sqft:

AED 2,050
-3% decrease
from last week

πŸ“ˆ Transactions:

88 transactions
-45% decline from last week


🌐 View the whole report HERE !

#dxbinteract #realestatemarket #propertymarket
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βœ”οΈUnderstanding Unified Contract F: Key Insights for Buyers, Sellers, and Agents

πŸ”Ή
Curious about the maximum duration for the MOU?

πŸ”Ή Wondering how to extend Contract F or what your options are for cancellation?

πŸ”Ή Want to know why covering additional conditions in the MOU is so important?

πŸ”Ή Have questions about the security deposit and how it’s managed in case of a dispute?

🌐 Find all the answers in our latest article HERE !

#dxbinteract #realestatemarket #propertymarket
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Last Week Overview

JUMEIRAH VILLAGE CIRCLE

πŸ’²Median Price:

AED 912,000
-3% decrease
from last week

πŸ’Έ Median Price Per Sqft:

AED 1,360
+6% increase
from last week

πŸ“ˆ Transactions:

1,207 transactions
+11% increase
from last week

🌐 View the whole report HERE !

#dxbinteract #realestatemarket #propertymarket
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⭐️The Most Expensive Sold Apartments in Dubai - July 2024

β€’
Orla Infinity by Omniyat, Palm Jumeirah
Price: AED 77 M


β€’ Baccarat Residence, Burj Khalifa
Price: AED 51 M


β€’ Five at Palm Jumeirah Dubai, Palm Jumeirah
Price: AED 45 M


β€’ Ocean House, Palm Jumeirah
Price: AED 44 M


🌐 Read More HERE !

#dxbinteract #realestatemarket #propertymarket
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πŸ“ˆDubai Real Estate Market Overview

Weekly Sales Summary

βœ… Sales volume:
3,700 transactions

βœ… Worth:
1.5K per sqft

🌐 More Reports HERE !

#dxbinteract #realestatemarket #propertymarket
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The Top 10 Sales Principles of Dubai's Elite 1% Real Estate Agents

πŸ”Ή Trust and Authenticity:

Be genuine and transparent; avoid manipulative tactics.

πŸ”Ή Honest Sales:
If a property isn't right for a client, say soβ€”it builds trust.

πŸ”Ή Underpromise & Overdeliver:
Exceed client expectations to boost reputation and referrals.

πŸ”Ή Give More Than You Take:
Focus on providing value without expecting immediate returns.

🌐 Read More Principles HERE !

#dxbinteract #realestatemarket #propertymarket
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πŸ’²Area Price Index

This tool allows you to monitor and compare property price trends across different neighborhoods in Dubai, helping you make informed decisions whether you're buying, selling, or investing.

What This Feature Includes:

βœ…Price Trends: Monitor current and historical property prices.

βœ…Price Per Square Foot: Access detailed pricing data per square foot in various areas.

βœ…Area Comparisons: Compare price trends across different neighborhoods.

βœ…Market Dynamics: Understand price volatility and long-term growth in each area.

🌐 Discover More HERE !

#dxbinteract #realestatemarket #propertymarket
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