Now that the impact of the revised RERA rental index is being felt, the next obvious question will be on how long the spike in rents will continue.
Category: News
Recent Blogs
Dubai real estate market records almost AED123bn in property sale transactions so far this year
August 11, 2024
Dubai property prices skyrocketed by up to 41 percent during the first half of 2024
Recent Blogs
Dubai real estate transactions hit record $34bn in Q2 as off-plan sales soar 80%; 5 in demand ownership areas revealed
August 9, 2024
Dubai recorded the highest-ever volume and value of real estate transactions in Q2 2024, according to Property Finder
Recent Blogs
Dubai developers often focus on smaller units, assuming they offer higher yields
Recent Blogs
London’s famed Corinthia Hotel planning ambitious expansion to UAE, wider Middle East
August 7, 2024
The proposed slew of hotel projects will be set up through unique flexible management contract arrangements with Corinthia’s existing and new capital partners specialising in luxury hotel real estate
Recent Blogs
Dubai secondary market home sales down in Q2, says expert
August 6, 2024
While the market continues to grow month-on-month, it is beginning to slow down, a trend likely to continue over the next year
Recent Blogs
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.
Recent Blogs
Tilal Al Ghaf villa sale sets record with Dhs105m price tag
August 4, 2024
Recent Blogs
Top 5 most sought-after residential areas in Dubai right now
August 2, 2024
In June, Dubai’s real estate market recorded 13,436 sales transactions, marking a 43.4 per cent increase year on year.
Recent Blogs
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.