The city's property market rally that started after the Covid-19 pandemic will continue this year Muhammad Binghatti, the CEO of Binghatti Holding, anticipates a rise in property prices in Dubai by up to 14% this year. This growth is attributed to factors such as population expansion, increased demand for mortgages following an expected decrease in interest rates, and a greater influx of millionaires...
The robust demand for residential rentals persists due to Dubai's economic expansion and the presence of a thriving expatriate workforce. An expert informed Arabian Business that there is an anticipation of a slowdown in rental growth within the Dubai real estate market in 2024. This is attributed to the substantial influx of new properties slated to enter the market, as mentioned by Swapnil Pillai,...
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