Skip to content
19 June، 2025
  • Twitter
  • Instagram
  • Facebook
  • LinkedIn
  • Pinteres
  • YouTube
  • tumblr
UAE DIGITAL NEWS

UAE DIGITAL NEWS

Emirates News from Dubai Global News

Primary Menu
  • Home
  • Tourism and Hotels
    • latest offer
    • Hotels and restaurants
      • International hotels and resorts
        • International hotels
        • international resorts
      • Local hotels and resorts
        • local hotels
        • local resorts
      • Restaurants
        • International restaurants
        • Local restaurants
    • travel and tourism
      • Tourism and travel news
      • Tourist destinations
        • local tourist destinations
        • International tourist destinations
  • Women and family
    • Fashion and accessories
      • Fashion
      • Accessories
    • Health and Beauty
      • family health
      • child health
      • Beauty
      • SPA
  • Various Arab news
    • Education
    • Government
    • Economy
    • Sports
    • Locals
  • Cars and electronics
    • AutoGear
    • Technology and electronics
      • Miscellaneous electronics
      • Mobiles
      • Watches
  • Community
    • community news
    • Exhibitions and conferences
      • conferences
      • Exhibitions
      • events
      • Festivals
      • Seminars
    • the biography
    • celebrities
    • Entertainment
    • night clubs
  • Culture and art
    • Art and literature
      • Arts
      • literature
      • Cinema and theater
    • Dialogues and meetings
  • Pictures and videos
  • Miscellaneous news
  • WAM
    • Economy
    • Sport
    • Culture
    • Latest news
    • Science and technology
    • Emirates News
    • World
Live
  • community news

In the market for a home in 2022? Tips on how to achieve this goal

UAEDN 11 May، 2022
  • by Tymour Fisher, General Manager – UAE for Nomad Homes

Homeownership is a staple step in most people’s lives in their 30’s. It is one of the most important personal financial decisions that anyone makes and believe it or not, it’s usually less expensive to own a home than it is to rent one. A daunting yet essential step to boost your long-term financial outlook, if one of your goals for 2022 is buying a house, is research. This could be the place where you and your family create memories to last lifetimes so being conscientious won’t hurt anyone.

Let’s look at the global market.

2021 was a banner year for the housing market, which had its strongest showing in 15 years. Prices went through the roof in the third quarter, nearly 20% compared to the same period in 2020 according to the Federal Housing Finance Agency. Home prices are widely forecasted to continue to rise this year, but not at the jaw-dropping rate of 2021.

People have more disposable income today and since the pandemic drove employees to work remotely or from home, the flexibility means that they can live somewhere that isn’t near their office. The global market suggests that it is a good time to buy but it’s also competitive.

Now, let’s look at the UAE market.

The proverbial halfway point between the east and west, particularly Dubai, is a hub of global business and trade. Real estate plays a key role in the UAE economy and has been attracting investors around the world for years. 2021 was record-breaking for the UAE, especially Dubai’s rental market which showcased a strong recovery due to a comprehensive vaccination program and the opening of international borders.

The local property market has entered a new chapter this year. As it recovers, bigger homes with outdoor facilities are gaining popularity owing to the pandemic-induced flexible working conditions. The government’s initiatives such as long-term residence, retirement, and freelance visas, have welcomed and encouraged people to stay in the country.In the market for a home in 2022? Tips on how to achieve this goal

A recent Knight Frank study revealed that in 2021, residential property prices in Dubai rose 21% to Dh1,235 per square foot in October from Dh1,021 per square foot in January. Palm Jumeirah, Arabian Ranches, JBR, The Lakes, and Emirates Hills are among those areas recommended by analysts in 2022 for investment as they recorded double-digit growth. Popular locations for apartments include Port De La Mer, Emaar Beachfront, as well as Dubai Creek.

The Dubai Land Department registered that the sector brought in Dh13.12 billion in investments over 5,352 deals in October, the best in 8 years. Of these, villas were preferred among buyers.

As the market works its way around the new normal, a report released by ValuStrat suggests that rents for residential and commercial properties would continue to rise in 2022 but at a slower pace.

Ask yourself these questions when considering homeownership.

After researching it’s time to evaluate your readiness to buy a home. The answers to these will give you a clearer picture of whether it’s the right time for you to buy a home, your approximate budget and where to look.

  • Do I have stable, long-term employment?
  • Do I have a handle on my debt?
  • Do I have decent savings?
  • Am I ready to settle down?
  • Is the market sentiment in my favour?
  • What are my other large expenses in the future?

Why buy in Dubai?

Buying a property in the UAE especially in Dubai has always been the rage, and it’s never been easier than right now. Finalize your budget, do your research on neighbourhoods and other facilities as well as the fees for buying property in Dubai. Buyers are spoilt for choice with the variety of options available across different budgets, the city’s state-of-the-art infrastructure, diversified and expanding economy, lack of property tax and high rental yields.

Understandably, this can be confusing and overwhelming to any potential home buyer. It’s comforting to have trustworthy help in the process as buyers usually need to fend for themselves. Utilizing a tool that is tailored to help buyers, like Nomad Homes is one of the best ways to approach home-buying. The platform simplifies home-buying by providing a one-stop-shop in your journey where you can search, transact and finance your dream property. It matches you to your dream house that lines up with your budget, tastes and preferences. And the best part is, you don’t have to go anywhere else to sort out the finances as they work with a trusted mortgage partner!

When it comes to a decision of this size, it’s essential to think twice, review your goals and finances, keep an eye on the market and be prepared all while having a trusty partner to bring you home.

Continue Reading

Previous: InClassica International Music Festival
Next: JAMAICA TOURIST BOARD WELCOMES SCORES OF TRAVEL TRADE PROFESSIONALS TO THE STAND AT ARABIAN TRAVEL MARKET, DUBAI

Related Stories

اليونسكو تضمّ مؤسسة حمدان بن راشد آل مكتوم الى اللجنة العليا المشرفة على الدراسة العالمية حول واقع المعلمين
  • community news

UNESCO Appoints Hamdan Bin Rashid Al Maktoum Foundation to High-Level Committee Overseeing Global Teacher Study

UAE Digital News 18 June، 2025
بلجيان كافيه في “كراون بلازا دبي فيستيفال سيتي” يعيد أجواء كرة القدم الحماسية
  • community news

Belgian Café at Crowne Plaza Dubai Festival City Brings Back the Ultimate Match Day Experience

UAE Digital News 18 June، 2025
جمعية إدارة الموارد البشرية في الشرق الأوسط وشمال أفريقيا (SHRM MENA)
  • community news

SHRM MENA Annual Conference & Expo 2025

UAE Digital News 18 June، 2025

AutoGare

Largest Edition of Automechanika Riyadh Underscores the Middle East’s Position أكبر دورة من معرض أوتوميكانيكا الرياض تؤكد مكانة الشرق الأوسط كمركز عالمي للمركبات
  • Miscellaneous news

Largest Edition of Automechanika Riyadh Underscores the Middle East’s Position

NewsVoir 29 May، 2025
as a Global Automotive Hub Riyadh, United Arab Emirates Automechanika Riyadh 2025, Saudi Arabia’s leading trade show...
Read More Read more about Largest Edition of Automechanika Riyadh Underscores the Middle East’s Position
Ali & Sons Concludes Successful Participation at Make it in the Emirates 2025 Amid Strong Industry Engagement “علي وأولاده” تختتم مشاركة ناجحة في «اصنع في الإمارات 2025» وسط إقبال واسع
  • AutoGear

Ali & Sons Concludes Successful Participation at Make it in the Emirates 2025 Amid Strong Industry Engagement

UAE Digital News 27 May، 2025
Abu Dhabi, UAE – 23 May 2025: Ali & Sons Group, one of the UAE’s most respected...
Read More Read more about Ali & Sons Concludes Successful Participation at Make it in the Emirates 2025 Amid Strong Industry Engagement
Elite Group Holding Expands Automotive Portfolio with Launch of ART Elite Car Rental مجموعة إيليت توسّع محفظتها في قطاع السيارات بإطلاق “آرت إيليت لتأجير السيارات”
  • AutoGear

Elite Group Holding Expands Automotive Portfolio with Launch of ART Elite Car Rental

UAE Digital News 22 May، 2025
The new subsidiary introduces flexible, all-inclusive leasing solutions featuring a diverse range of Soueast and Jetour vehicles...
Read More Read more about Elite Group Holding Expands Automotive Portfolio with Launch of ART Elite Car Rental
ROX Motor Launches “Empowered By Nature, Expanding Globally” Vision at MIITE 2025, Accelerating Localised Innovation and Industrial Collaboration in the UAE روكس موتور” تطلق رؤيته “بقوة الطبيعة، إلى العالم” في معرض “اصنع في الإمارات 2025” وتعلن عن شراكات استراتيجية في الدولة
  • Miscellaneous news

ROX Motor Launches “Empowered By Nature, Expanding Globally” Vision at MIITE 2025, Accelerating Localised Innovation and Industrial Collaboration in the UAE

UAE Digital News 22 May، 2025
ABU DHABI, UAE, May 20, 2025 – ROX Motor, an international luxury new energy vehicle brand committed...
Read More Read more about ROX Motor Launches “Empowered By Nature, Expanding Globally” Vision at MIITE 2025, Accelerating Localised Innovation and Industrial Collaboration in the UAE
ROX Motor Surpasses 10,000 Global Deliveries ROX Motor Surpasses 10,000 Global Deliveries
  • AutoGear

ROX Motor Surpasses 10,000 Global Deliveries

UAE Digital News 17 May، 2025
with UAE Sales Exceeding 2,000 as Market Demand Strengthens in the Middle East Abu Dhabi, UAE –...
Read More Read more about ROX Motor Surpasses 10,000 Global Deliveries
مؤسسة كأس العالم للرياضات الإلكترونية تعلن عن تعاون استراتيجي مع أمازون لتقديم تجربة ترفيه الرياضات الإلكترونية إلى عامة الجمهور 

Esports World Cup Foundation and Amazon Announce Strategic Collaboration to Bring Esports Entertainment to Mainstream Audiences 

منتجع مازاغان يدعو الضيوف لتجربة رمضانية ساحرة

Mazagan Beach & Golf Resort Invites Guests to an Enchanting Ramadan Experience

“كيرنو” تستعرض حلول الحوسبة المتقدمة بالذكاء الاصطناعي في معرض “عالم الذكاء الأصطناعي 2025” في الإمارات

Kerno to Showcase Advanced AI Computing Solutions at AI Everything 2025 in UAE

دبي تستضيف النسخة الثانية من معرض اليابان كيوتو التجاري  

Dubai set to host 2nd edition of Japan Kyoto Trade Exhibition in February      2025

تعيد خدمة “تصميم وتطوير” من دانوب هوم تعريف مشهد التصميم الداخلي

Danube Home’s Design n Develop redefines the UAE’s interior design landscape with customised solutions

You may have missed

جراند ميلينيوم مسقط يُمكّن الأطفال من التخرّج في عالم الضيافة عبر مخيم صيفي مبتكر
  • Tourism and travel news

Kids Can ‘Graduate’ from Hospitality This Summer at Grand Millennium Muscat’s First-Ever Turtle Camp

UAE Digital News 19 June، 2025
Roll With It: Dip Dash Hosts Vegetarian & Vegan Sushi-Making Workshop
  • Local restaurants

Roll With It: Dip Dash Hosts Vegetarian & Vegan Sushi-Making Workshop

UAE Digital News 19 June، 2025
فندق الجداف روتانا سويت الجداف… مجتمع أعمال ونمط حياة
  • Local restaurants

Al Jaddaf Rotana Suite Hotel , a premier business and lifestyle community

UAE Digital News 18 June، 2025
اليونسكو تضمّ مؤسسة حمدان بن راشد آل مكتوم الى اللجنة العليا المشرفة على الدراسة العالمية حول واقع المعلمين
  • community news

UNESCO Appoints Hamdan Bin Rashid Al Maktoum Foundation to High-Level Committee Overseeing Global Teacher Study

UAE Digital News 18 June، 2025

Our Sites

(you can change from En <-> Ar from the menu)
https://www.arabiantravelsnews.com
https://www.uaedigitalnews.com
https://www.dgngate.com
https://www.dubaihospitalitynews.com
https://www.dubainewstyle.com
https://www.dubaiglobalnews.com
https://www.dubaiiconiclady.com
https://www.saudimedianews.com
https://www.dubaitechnologynews.com
https://www.saudidigitalnews.com
https://www.alriyadhdailynews.com
https://www.emiratesautonews.com
https://www.dgntv.net

  • Contact Us
  • privacy policy
  • Cookie Policy
  • Twitter
  • Instagram
  • Facebook
  • LinkedIn
  • Pinteres
  • YouTube
  • tumblr
Copyright © All rights reserved. | MoreNews by AF themes.