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CherryBlue With nearly two decades of expertise in Dubai’s real estate market, We have been a part of the tre

Dubai homeowners get some relief on their service charge payments. That and the prospect of higher rents from these prop...
24/01/2022

Dubai homeowners get some relief on their service charge payments. That and the prospect of higher rents from these properties bodes well for them.

Dubai: Property owners in Dubai will be paying less on their service charges this year, as key locations in Dubai record 10-15 per cent cuts on FM (facilities management) costs. These reductions will be, in most cases, be passed on to the property owners.

The Dubai Land Department and RERA (Real Estate Regulatory Agency) have been instilling in developers since 2019-20 to bring down the annual service fees, collected by OA (owner association) management companies. There were buildings that had seen significant increases on what their OAs were charging property owners.

for more https://cherryblue.co/news/dubai-homeowners-to-pay-lower-facilities-management-fees-as-private-developers-rework-2022-budgets/

Dubai’s property market delivered big in 2021. The same set of factors are still in play.It is no secret that the real e...
22/01/2022

Dubai’s property market delivered big in 2021. The same set of factors are still in play.

It is no secret that the real estate market in Dubai is seeing a boom. There have been several headlines over the past 18 months talking about a V-shaped recovery and new transactional records being set.

Before 2021 was even over, total sales were sitting at a cosy Dh177.44 billion, up more than 88 per cent from the sales figures in the entirety of 2020. Sale prices are on an upward trajectory, and it has very much become a seller’s market with a much higher likelihood of a property transacting at its asking price and no room for negotiation or offers.

https://cherryblue.co/news/dubai-property-is-looking-at-another-standout-performance-in-2022-and-there-is-more-than-one-reason/

It is a flight to quality that is happening all over, and Dubai's premium offices are ones to benefit too.Dubai is accel...
21/01/2022

It is a flight to quality that is happening all over, and Dubai's premium offices are ones to benefit too.
Dubai is accelerating into the next chapter of its phenomenal growth through a number of key social and business reforms. The leadership will not only solidify the emirate’s position as the preferred centre for business and lifestyle in the region, but also lead to more sustainable growth cycles.
read more: https://cherryblue.co/news/dubais-super-premium-office-space-could-be-next-big-thing-in-real-estate/

The real estate sector in the Emirate of Dubai continued to confirm its position as a mainstay for growth for all sector...
16/01/2022

The real estate sector in the Emirate of Dubai continued to confirm its position as a mainstay for growth for all sectors and economic activities in Dubai. This is thanks to the results that the sector has succeeded in achieving during the year 2021, due to many factors, foremost of which are the wise directives of the rational leadership, and the economic stimulus packages provided by the Dubai government, in addition to the holding of the global event “Expo 2020 Dubai”, in addition to the flexibility and attractiveness of the sector, and confidence. And the transparency that it guarantees to investors and the various categories of dealers.
for more https://cherryblue.co/news/these-are-the-top-10-attractive-areas-for-investment-in-dubai/

Sharjah’s biggest developer sure is on a roll, with 2021 sales up a healthy 38 per cent to Dh2.41 billion. The gains wwe...
14/01/2022

Sharjah’s biggest developer sure is on a roll, with 2021 sales up a healthy 38 per cent to Dh2.41 billion. The gains wwere bolstered by the launch of the ‘forested’ all-villa community “Masaar’ and which clicked instantly with offplan buyers.

This year will see the developer make its first project launch outside of Sharjah. “We are determined to carry this momentum forward with an increased foc

us on home deliveries at our existing communities, alongside the launch of our first projects outside Sharjah,” said Prince Khaled bin Alwaleed bin Talal, Vice-Chairman. “Arada is now well-positioned as one of the region’s most prominent and active developers, with a clear road map for the coming years.”

https://cherryblue.co/news/sharjahs-biggest-developer-arada-scores-big-with-all-villa-forest-community/

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