Dubai Real Estate Market Review 17-Dec-2024
Knight Frank’s Q3 2024 report shows Dubai recorded a 40% decline after a boom. Tenants in older buildings may be able to negotiate rentals with landlords.
Dubai shares hit near-decade high, Emaar Properties shines
Dubai stocks surged to a 10-year high, driven by real estate and finance gains, as Emaar Properties rose 14.7% on strong dividend plans. Other Gulf markets edged up ahead of the U.S. Fed rate decision, with notable gains in Saudi Arabia, Abu Dhabi, and Qatar indices.
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