February 2024

MASSIVE rent increases of over 66%, most affordable villas and best ROI neighbourhoods revealed

Dubizzle's annual report on the Dubai Property Market showcases trends and investment returns within the city's real estate sector. Last year, the Dubai Annual Property Market Report from Dubizzle, the online property platform, indicated a significant surge of up to 66 percent in rents within the Dubai real estate sector. The report, long-anticipated, not only highlighted robust demand but also...

Dubai’s EYWA development scoops International Property Award

The International Property Award is won by R.Evolution real estate development in Dubai. EYWA, the real estate project developed by R.Evolution in Dubai, has been honored at the International Property Awards. It has been awarded the prestigious title of the Best International Apartment/Condominium Development for the 2023-24 period worldwide. This accolade acknowledges R.evolution's forward-thinking...

As off-plan property sales are booming, which are the best areas to invest in? Better Homes

Better Homes identifies potential markets for both homeowners and investors in Dubai. In January 2024, the off-plan market dominated the sales in the Dubai real estate sector, with residential off-plan sales making up 58.3% of the total sales volume. Transferred title deeds constituted 41.7% of the sales, as reported by property specialist Betterhomes. According to a recent report, Palm Jumeirah...

UAE’s property market shows no sign of cooling off, says CBRE

Residential prices in Dubai experienced a notable 20.1 percent increase in the year ending December, accompanied by a 19.8 percent rise in apartment prices. Last year, the real estate market in the UAE set a record for home sales, breaking a decade-long streak. CBRE, a property research firm, anticipates that the robust activity and performance levels observed in the country's real estate sector will...

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