Dubai's real estate market continued its robust performance in 2024, achieving record-breaking transaction volumes and values across various sectors, despite evolving economic conditions and increased competition. Below are the key highlights and trends shaping the year: Market Performance and Transactions Total Transactions: The market recorded 180,908 total transactions, with a combined value of...
As we step into the end of 2024, the global real estate landscape is undergoing significant transformations, particularly in the wake of inflation-adjusted housing price declines across many major cities. While places like Frankfurt, Munich, Stockholm, Hong Kong, and Paris face substantial market corrections—some seeing drops of 20% or more—Dubai continues to shine as a robust investment...
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The real estate sector in the UAE is poised for continued growth in 2024 despite global economic uncertainties, with Dubai and Abu Dhabi expected to deliver a substantial number of new units. Experts predict around 34,000 units in Dubai and 8,000 units in Abu Dhabi, driven by robust economic fundamentals, government initiatives, and increasing investor confidence. The real estate industry has become a...
In a bold move towards strengthening Dubai's economic landscape, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, has announced the merger of Nakheel and Meydan under the Dubai Holding umbrella. This strategic amalgamation aims to create a formidable global economic entity with a diversified portfolio spanning various sectors including...
Dubai, renowned for its futuristic skyline and ambitious urban development projects, continues to captivate investors seeking lucrative opportunities in the real estate market. Among the city's iconic destinations, BlueWater Island emerges as a beacon of luxury, innovation, and unparalleled lifestyle experiences. In this article, we delve into the thriving real estate investment opportunities within...
In a recent development, Dubai's Real Estate Regulatory Authority (Rera) has revised its calculator on March 1, potentially leading to significant changes in the rental landscape. Industry insiders speculate that residents, particularly those who have been residing in their properties for over two years, may experience rent increases ranging from 10 to 20 percent in the near future. The updated Rera...
Dubai has long been known as a hub for real estate investment, attracting investors from around the world with its impressive skyline, luxurious lifestyle, and business-friendly environment. One of the most popular avenues for investment in Dubai's real estate market is through off-plan properties. These properties offer unique investment opportunities with the potential for high returns, and they continue...
Arabian Ranches stands as one of Dubai's premier residential communities, offering unparalleled real estate opportunities for investors seeking to capitalize on the city's dynamic property market. From luxurious villas to contemporary townhouses, Arabian Ranches presents a diverse portfolio of properties that appeal to discerning buyers. Let's explore why investing in Arabian Ranches properties is a smart...
Jumeirah Beach Residence (JBR) stands as one of Dubai's most sought-after waterfront communities, offering a unique blend of luxury living, leisure attractions, and investment potential. For investors seeking lucrative opportunities in Dubai's real estate market, JBR presents a compelling proposition with a host of benefits and advantages.Prime Location and Connectivity:Situated along the picturesque...