Customers can access 3 real estate services through Dubai Now app. First phase of Dubai Exhibition Centre expansion valued at $2.7bln. $87m One Park Square development in JVC sells out in 4 hours.
Dubai real estate prices increasing for 17 quarters in a row. Joby Aviation has begun construction of the first vertiport for its Dubai air taxi. Villa rents for Dh8.5 million in Umm Al Sheif.
Dubai developers rush offplan launches ahead of any price correction. Developers dismiss oversupply concerns as demand stays strong. Is Dubai luxury real estate market ignoring middle-class potential?
The total real estate transactions in Dubai for Week 45 reached AED 7.81 billion. Off-plan contributed 53.2% or AED 4.15 billion and Ready properties contributed 46.8% or AED 3.66 billion.
Dubai's real estate sector drives economic growth, attracts foreign investment, creates jobs, and inspires development across the GCC.
Dubai's real estate market hit record sales in October, with a 798% rise since 2020. Dubai's real estate market is projected to see an 88% annualized increase in supply over the next three years.
What Trump 2.0 would mean for investors in the Middle East. Dubai's real estate market hit record highs in October 2024. Dubai’s Grade A office rents rose 25% year-on-year in Q3 2024.
Deyaar has launched Rivage, its first project on Abu Dhabi's Al Reem Island. Keturah's AED 2.8 billion Ritz-Carlton Residences, Dubai Creekside, has achieved construction milestones.
Property rentals set to surge 18% in 2025. The Dubai real estate sector recorded AED16.92bn of transactions last week. Dubai’s 2024 real estate deals surpass $100bln. Rental prices rose 13.5% in 2024.
Land transactions in Oct. 2024 was 37.5% of the total transactions. The market saw an increase of approximately AED16.8 billion from Sep 2024 to Oct. 2024, and up AED 20 billion over Oct. 2023.
Dubai's real estate transformed from 2000 to 2024 through booms, crises, and resilient recovery. Key phases include Expo 2020 and post-pandemic growth. Today, the focus is on sustainability.
Individuals offering short-term rentals with a license must register for corporate tax. Dubai retail space occupancy is 97%. Dubai luxury project launches likely to decline in 2025.
