Off-plan property market hits $14.1bn in Q2 2024. Dubai’s GDP tops $31.3 billion in Q1 2024. RAK Properties announces major construction updates.
The incredible 'new' city to rival Dubai and Abu Dhabi set for huge tourist boom. Understanding Payment Plans For UK Investors. Warehouse rents jump by 38% in Jebel Ali in H1 2024.
The total real estate transactions in Dubai for Week 29 reached an impressive AED 9.7 billion, up 36.7% from last week’s numbers. Off-Plan contributed 69.11% and Ready Properties contributed 30.89%.
Nearly 90% of off-plan sales come from first-time buyers. Emirates REIT sells Trident Grand Mall in Dubai for $20m. Off-plan properties sales accounted for 63% of the total transactions.
$272m Marbella Resort on World Islands sold out in 8 hours. Dubai realty transaction value jumps 35.7% to $33.5bln in Q2. Dubai's office sector sees high pre-commitments and 95% occupancy.
Top 5 most sought-after residential areas in Dubai right now. Rent hikes hit Sharjah, Ajman as more Dubai residents move in. Property market records 48% increase in Q2 2024 transactions.
Dubai secondary market home sales down in Q2. Q1 2024 had a 29.1% increase in registered rental contracts. Billionaires swerve London’s prime property and head to Dubai.
The total real estate transactions in Dubai for Week 28 reached an impressive AED 7 billion, down 6.7% from last week’s numbers. Off-Plan contributed 56.6% and Ready Properties contributed 43.4%.
Dubai’s High-End Property Market Faces 47% Decline. Real estate investments doubled, with nearly half allocating 20%+ AUM by 2024.
Dubai’s property market surges 30% in 2024. Apartment prices rose 1.9% MoM and 23.4% YoY, while villa gains increased 2.4% MoM and 33.4% YoY.
Dubai's high-end property sales undented by drop in listings. Dubai to transform E311 into world’s greenest highway. Dubai's real estate market soared in H1 2024 with AED 190 billion in total sales.
Dubai property market stays strong as demand from ultra-rich continues. Why more employees with 10-year residency buy Dubai properties. Dubai to develop emirate's longest public beach.
