Dubai Real Estate Market Review 24-May-2024
Dubai recorded a 35.8% increase in rental registrations, while Abu Dhabi saw a 9.1% rise. To buy a $1 million property in Dubai, a Dh50,000 monthly salary is ideal.
Surging demand keeps UAE’s occupier market strong
In Q1 2024, Dubai and Abu Dhabi saw strong occupier market activity, driven by a surge in new rental registrations. Dubai recorded a 35.8% increase in rental registrations, while Abu Dhabi saw a 9.1% rise. Demand is fueled by economic growth and interest from global corporates. Limited supply of quality s…
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