The Dubai real estate sector continues to surge, boosted by wealthy investors and Proptech companies creating a strong foothold in the market. In February 2023, the city recorded AED 16,639,913,116.53 worth of sales transactions for ready and off-plan residential apartments, and AED 3,741,855,828.79 for ready and off-plan villas. The average price per square meter for…
The US housing market has taken a significant hit in recent months, with the total value of homes declining by $2.3 trillion, or 4.9%, in the second half of 2022. This represents the largest drop in percentage terms since the 2008 housing crisis. While home prices are not collapsing, it is clear that the pandemic…
Mark Wahlberg and his wife, Rhea Durham, have sold their Beverly Park estate for $55 million. The couple purchased the property for about $8.25 million in 2009 and had a chateau-style mansion built. In Early 2022, Actor Mark Wahlberg has decided to leave Los Angeles, his long-time home, and move to Nevada. In an interview…
Beverly Park real estate market is a highly exclusive and desirable market for luxury homebuyers. The limited supply of homes, combined with the community’s exclusive amenities and location, make it one of the most sought-after communities in the world. While market fluctuations are always possible, the continued demand for Beverly Park homes suggests that the…
The global real estate market is a complex and dynamic industry, constantly evolving and adapting to changing market conditions and regulatory pressures. While it is difficult to accurately estimate the total value of the market, it is clear that it comprises a vast array of properties worldwide, worth trillions of dollars in total. As the…
Investment has been an integral part of human history since ancient times. The concept of investing money for future gains dates back to the ancient civilizations of Mesopotamia, where people invested in crops and livestock. The Romans also had a thriving investment culture, with wealthy citizens investing in real estate and businesses. The economic and…
Monopoly, the board game had changed the Property Ownership to unprecedented level. In 1903, Elizabeth Phillips created The Landlord’s Game, which eventually evolved into the Monopoly game we know today. Phillips was a supporter of the economist Henry George and envisioned a world where land values were the only form of tax. The game aimed…
Asset classes are categories of investments that have similar financial characteristics and investment behaviors. Understanding the different asset classes is important for investors as they can be used to diversify portfolios and potentially reduce risk. Here are some of the most prominent asset classes: So, understanding the different asset classes and how they behave in…
Real estate refers to the ownership or use of land, buildings, and other physical structures. The real estate market is the place where real estate is bought and sold. The real estate market is a complex and dynamic entity that has undergone significant changes over the course of its history. In this article, we will explore the evolution of the real estate market, and how it has changed over time.