Dubai Real Estate Market Review 23-April-2024

Is Dubai's real estate sector poised for a slowdown? Palm Jumeirah villas see highest rent price surge of 63% in Q1 2024. UAE rain: Which free repair services are Dubai developers offering?

Apr 23, 2024

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Is Dubai's real estate sector poised for a slowdown?

Despite rising global interest rates and inflation, Dubai's real estate market has shown remarkable resilience, with a 40% increase in home mortgage approvals last year and a 16.9% spike in property prices—the fastest in nearly a decade. Residential rents also surged by over 21% in the same period. The…

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