Real estate

August witnessed a revival in the Dubai real estate market, which recorded robust growth and significant changes in price dynamics. According to EFG Hermes' latest report, total real estate sales increased by 37 per cent year-on-year, reaching an impressive $8.5 billion (Dh31.2 billion). This remarkable increase was primarily fueled by the rising demand for off-plan apartments, which played a crucial role...

Dubai's real estate sector recorded a turnover of AED 102 billion ($27.8 billion) in the summer of this year, according to data published by W Capital. The real estate brokerage firm said that sales this summer were 50 percent higher than last year's summer season, which amounted to AED 68 billion ($18.5 billion). The number of transactions also rose by 30 percent to 33,600 transactions this summer,...

In recent years, the United Arab Emirates (UAE) has developed into one of the world's leading economic centers, attracting the interest of international investors, innovators and entrepreneurs. Dubai in particular is continuously investing in a supportive environment for start-ups and companies to promote their growth. If you are thinking about investing in real estate or business in the UAE, there are...

In today's fast-paced world, young people are becoming powerful influencers in various industries, and the real estate sector is no exception. Millennials and Generation Z, equipped with unprecedented access to information and digital technologies, are actively driving business transformation and redefining the dynamics of leadership. As an insider in the industry, I firmly believe that their influence is...

Buyers still want a slice of the palm, even though villa prices have risen by 146% since January 2020 Dubai real estate market: While rental prices in Dubai are stabilizing, a completely different trend can be observed in property sales values. Over the past year, the average value of residential real estate transactions has increased by 17 percent, with a remarkable 5 percent increase in the April to June...

Dubai saw a surge in the influx of wealthy investors from around the world after the pandemic Dubai has set a record in the luxury real estate market this year, with the sale of a total of 335 luxury properties by the end of July, making 2023 the most successful year for the segment, a new market study has revealed. In addition, strong demand for luxury residences and villas is forecast for the remaining...

Dubai's real estate landscape has undergone fascinating changes in 2023, especially in the mid-market residential sector. As the city continues to develop, certain neighborhoods are becoming hotspots of rental growth. While iconic destinations such as Palm Jumeirah remain in the spotlight, an unexpected contender has risen to the top: Dubai South. This change has attracted the attention of both investors...

Dubai's real estate market is flourishing: Dubai lures investors with lucrative yields and rising OFF-PLAN transactions Dubai and Abu Dhabi have seen a remarkable increase in off-plan real estate transactions, pushing the UAE real estate market to new heights. The increasing confidence of investors in these cities is the reason for this boom. According to research at JLL MENA, the growth in off-plan...

In the period from January to June, the Dubai real estate market recorded 176 sales of high-end properties worth more than USD 10 million. A recent market report reveals some of the spectacular deals that made headlines. Dubai set a groundbreaking record in 2023 and dominated the global luxury real estate market. In just six months, USD 850 million was transacted in high-quality residential properties...

The property developer "DHG Properties" has just announced the launch of its first project in the United Arab Emirates: "Helvetia Residences". The developer is ready to start OFF-plan sales in September 2023. This news comes amid rising demand for real estate in Dubai. As reported in Bayut's Dubai Property Market Report for the first half of 2023, rents in Dubai have skyrocketed with a staggering 70...