Real Estate News

Luxurious bedroom in Dubai with a view of the skyline, highlighting new property regulations.

Top Property Developers in Dubai Introduce New Cash Payment Restrictions

Leading real estate developers in Dubai are implementing new limits on cash-based transactions to enhance transparency and comply with AML regulations. This move, which restricts cash payments to Dh55,000, aims to promote financial integrity and is expected to have long-term benefits for the market. At Nautilus Properties, we are ready to assist our clients in adapting to these new regulations and ensuring seamless property transactions.

Business Bay leads in commercial property transactions in Q1 2024.

Growth in Dubai’s Commercial Property Market: Business Bay Dominates Q1 2024

Dubai’s commercial real estate market saw significant growth in Q1 2024, with Business Bay emerging as the top location for office deals. Total sales transactions increased by 3 percent, and the value of sales rose by 16 percent compared to Q1 2023. Nautilus Properties continues to lead in offering seamless and individualized real estate services, focusing on prime locations and high-end properties.

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