January 20, 2024

How much are you legally allowed to raise rent in the emirate? Experts weigh in

There is a notable increase in property demand in Dubai, with both villa and apartment rents experiencing a steady upward trend. "In response to an extraordinary surge in demand, the Dubai real estate market is undergoing unparalleled growth, surpassing the available supply. With a noticeable increase in property demand, both villa and apartment rents are steadily climbing, and there are expectations...

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UAE real estate breaks records with dependable off-plan sales in 2023

Growth in the real estate markets of both Dubai and Abu Dhabi was fueled by off-plan sales, with Dubai experiencing a greater boost due to a flourishing tourism sector that increased the demand for homes. GBO CORRESPONDENT Experiencing a robust off-plan market that set new annual records, Dubai and Abu Dhabi collectively achieved real estate sales exceeding 455.7 billion UAE dirhams (USD 124...

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