Dubai Real Estate Market Review 09-Jan-2025
H2 2024 saw 74% rise in off-plan transactions. Strong growth is projected for 2025. Sharjah slashes property registration fee to 2%. Sobha Realty awarded a Dh150 million bonus to staff.
UAE Property: 'How does Dubai's new rental index differ from the old one?'
The Dubai Land Department launched a new smart rental index using AI and real-time data to enhance accuracy and transparency. It considers old/new contract data, building ratings (1-5 stars), and location. Tenants can consult the index to verify rental increases, with the rental d…
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