RadRealty

The Reasons WHY 🌍✨

Why choose Dubai for the relocation? Here are our top 3 reasons:
1️⃣ Dubai has one of the lowest crime rates in the world, with a safety index of 83.77, making it a top choice for peace of mind
2️⃣ The city is home to many top-rated international schools and universities, offering excellent education​
3️⃣ With zero income tax, your earnings go straight into your pocket, maximizing financial growth​

What about you? What are your reasons for considering Dubai or another city? Let us know in the comments! 👇

Dubai residents stop renting and start buying as mortgage repayments start to ‘match’ rental costs Dubai rents are set to rise by 20 per cent this year, with the property market already seeing rents rise by as much as 66 per cent in some areas. The first three months of 2024 broke previous records in the property market as Dubai attracted a significant influx of investors and more than 34,000 deals.

So today in some areas, such as Jumeirah Village Circle, monthly mortgage payments can match monthly rental payments.

Some tenants choose to downsize or expand their search to consider properties outside their ideal location. The other chooses to take out a mortgage and buy property. The reason is a fixed monthly payment that does not fluctuate with market changes. It looks like a safe place for a lot of people.

Considering the main trends in the property market in Dubai, we can conclude that it makes better financial sense in the long run to buy property instead of renting.

Short-term rentals allow investors to diversify their income from tourism. This helps to reduce risks associated with vacancies or fluctuations in demand, and provides an opportunity to take advantage of seasonal trends to optimize occupancy rates

The most appealing areas for short-term rentals are luxury places, such as Downtown Dubai, Dubai Marina, and Palm Jumeirah.

However, before letting your property for short-term rentals, be aware of the regulations:

As a first step, obtain a permit from the DTCM (the Department of Tourism and Commerce Marketing)
Make sure your property complies with DTCM guidelines
Consider financial obligations such as licensing fees, municipality fees, etc.

If you’re considering short-term rental for your property, consult us! So you will get everything from marketing to maintenance handled!

CLUB Drive in Dubai Hills by Emaar

Developer Emaar Properties is set to commence construction of a new development at Dubai Hills Estate - Club Drive - in the first quarter of 2024. The upcoming high-rise development features 1-3 bedroom apartments with access to on-site and neighborhood amenities such as:

📌
-infinity pool with relaxation terrace
-rooftop lounge terrace
-walking paths
-fitness centre
-sports fields
-landscaped park at the top of the podium
- children's playground

🔑Completion: Q1 2028
💲Payment plan 90/10

Send us a message to know more about the project!

Kempinski Marina Residence

Kempinski Marina Residences is a luxury branded development by ABA Group and the Kempinski luxury hotel chain. The development features 1-2 bedroom apartments and 2-5 bedroom duplexes. Enjoy panoramic views of the marina and Dubai skyline from the outdoor terraces located in the residences.

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-swimming pool
-gym
-yoga studio
-tennis court
-basketball court
-private cinema
-lounge
-barbecue area
-zen garden
- “a la carte” service

🔑Completion: Q1 2028
💲Payment plan 90/10

Send us a message to know more about the project!

Dubai or New York: Which property can you buy for $1 million?

In the global real estate market, Dubai and New York stand out as prime property hubs. Both cities offer unique opportunities and diverse options for prospective buyers. But how do these two cities compare when it comes to purchasing property with a budget of $1 million?

Dubai’s skyline is renowned for its towering skyscrapers, waterfront properties, and branded residences. With $1 million, buyers can explore a variety of options, ranging from upscale apartments to lavish villas.

Four bedrooms, five bathrooms 3,444 sq. ft.Proximity to a mosque, school, college, shopping mall, and cycling tracks Gated community with park access.

New York City is famous for its iconic skyline and diverse neighborhoods. However, the city’s real estate market is known for its high prices, making it a competitive landscape for buyers. For $1 million, options may include smaller but still luxurious properties.

Three bedrooms, four bathrooms 1,920 sq. ft.Mahogany framed double doors high ceilings and acacia wood flooring Direct-vent gas fireplace with granite hearth Walk-in closets, and an in-ground pool.

Whether you are drawn to the opulent offerings of Dubai or the prestigious allure of New York, both cities present unique opportunities for property investment with a budget of $1 million.

Are you choosing real estate in Dubai? Write to us, we will prepare for you a list of TOP 5 new projects on the market.

How are wellness trends changing investing in Abu Dhabi ?

After the pandemic, the global wellness economy grew up to $5.6 trillion in 2022. Аverage annual growth of wellness tourism and wellness real estate is projected up to 17% each.

Abu Dhabi follows the trend. The world's first ‘healthy living island’, SHA Emirates Island at AlJurf, will have been built by 2026.

Upon completion, it will be the first destination in wellness tourism and still only accessible to residents and guests. There will be 86 Villas (all with beach access), 49 apartments, and two penthouses. More than 35,000 residents are expected to live there.

So it’s high time to buy a unit on SHA Emirates Island! Contact our business expert to know your options.

Is Dubai going to hit the status of the best city to live in the world in 2033?
HH Sheikh Hamdan approved the Dubai Quality of Life Strategy 2033. The main goal is to improve the well-being of the residents, nationals and guests considerably.

Key concepts are: the 20-minute city, a greener space and multi-faceted approach.
Dubai has risen from 97th place in Quality of Life Index by City in 2020 to 57th one in 2024.

We all can see the development. Considering that, our team concentrates on allowing our clients to enjoy the best experience of owning property in such a prosperous and beneficial place.

Send us a message to evaluate your investment opportunities!

New gem in Dubai’s real estate crown
DAMAC Riverside offers an exceptional living experience as well as incredible investment opportunities, featuring 1,900 townhouses. With each cluster containing no more than four townhouses, the community remains serene and private. The absence of high-rise apartment towers, combined with the spacious 4 and 5-bedroom layouts, promotes the best living experience.

It is expected to become one of the most amenity-rich communities in Dubai. Fitness, leisure, and lifestyle facilities will help residents to enjoy a vibrant and fulfilling living experience.

Property Type: Townhouse
Unit Types: 4 & 5 Bedrooms
Payment Plan: 75/25
Handover: Q4 - 2027

Starting From: $ 537 300
Send us a message to know more about the project!

Summer real estate rental boom in Dubai
Dubai short-term rentals could boom in the summer, according to accommodation management firm Frank Porter.

Dubai is one of the most desirable places for travelers to visit this summer. Rising prices in European resorts and attractiveness of tourism initiatives in Dubai promote this greatly. New record has been set so far this year with an almost 20% increase in overnight visitors during the 1st quarter of 2024.

Though summer in Dubai isn’t a tourist season, high demand on renting is expected to continue after spring ends.It will definitely have a positive effect on property owners’ income.

It’s high time to start investing and gain benefits from the boom. Write to us in Direct to get a free strategic plan of investing to get maximum profit!

185 hectares of haven in the heart of Dubailand

Located in Dubailand, residents of MAG 330 enjoy quick access to iconic destinations within Dubai and an abundance of amenities, including a kids playground, health club, sauna, whirlpool bath, and a swimming pool – this development is truly an incredible magnetic place to live in.

Extraordinary, thoroughly thoughtful apartments are destined to be the point of attraction for affluent individuals who are looking for a place that will satisfy all their luxury needs during business trips or traveling and a great investment with high rental yields for investors.

Property Type: Apartament
Unit Types: Studios, 1 & 2 Bedrooms
Payment Plan: 50/50
Handover: Q4 - 2026

Starting From: $ 179 550
Send us a message to know more about the project!

Dubai Residential Market Review: New winter records

Dubai is continuing to show consistent growth in residential values. During the last quarter of 2023 we see a rise by 3%.

They are still leading with 6% growth to AED 1,671 psf.

In addition, a new record for primary home prices was set to 16.3% rise in 2023. It covers Palm Jumeirah, Emirates Hills and Jumeirah Bay Island.

Constant growth is a unique trend in Dubai. According to the latest studies, Dubai's population is expected to grow from 3.5 million in 2023 to 5.5 million in the coming years. It will certainly affect the real estate market, rising a high demand in new units.

Our experts say it’s the best time to start investing in Dubai’s real estate to gain maximum benefit. Write to us to get a free strategic investment plan based on your demands and opportunities!