Dubai’s real estate sector rises in H1 of 2024 Featured Image

Dubai’s real estate sector rises in H1 of 2024

August 5, 2024

Dubai’s Real estate sector has experienced remarkable expansion throughout the first half of 2024, driven by multiple factors that underscore robust demand and heightened confidence among investors and tenants alike. Key drivers of this growth include investor-friendly policies, a tax-free environment, and substantial infrastructure developments such as the new airport, metro expansions, and the Etihad Rail. These initiatives have spurred interest in surrounding areas and bolstered enthusiasm for upcoming projects. The market has also benefited from a surge in new residents and ongoing construction of various new developments.

Dubai Real Estate Market Defies Expectations with Surge in Transactions Featured Image

Dubai Real Estate Market Defies Expectations with Surge in Transactions

August 1, 2024

Engel & Völkers Middle East, known for its residential and commercial Real estate services in the premium segment, has released its latest market report for June, highlighting the ongoing resilience and growth of Dubai’s real estate market. Despite a pullback from May’s record-breaking performance, June saw a substantial increase in residential transactions, while the commercial market demonstrated strong underlying strength and resilience.