Dubai Real Estate Market Review 28-May-2024

Abu Dhabi and Dubai ‘see supply imbalance in rental market’. Dubai's Off-Plan market will continue to flourish with record surge in 2024. Rent renewals grew 12% year-on-year in Q1 2024.

May 28, 2024

∙ Paid

AED 702M RETURNED TO BUYERS OF STALLED REAL ESTATE PROJECT

The Abu Dhabi Judicial Department (ADJD) has ruled that buyers of the Wahat Al Zaweya Project should receive their deposits back and their property contracts terminated. This action follows the ADJD's role in resolving disputes involving funds collected into an escrow account. Additionally, the j…

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