March 15, 2024

Dubai’s Property Market Logs a Record-Setting February

Last month's most significant transaction involved the purchase of a villa worth AED 160 million on the seahorse-shaped man-made Jumeirah Bay Island. According to a report from Property Monitor on Tuesday, Dubai witnessed its highest ever property sales in February, with off-plan sales continuing to dominate the market. February saw a 2.6% increase in sales compared to the previous month, reaching a...

Dubai’s 2024 housing boom: Tens of thousands of homes to hit market, prices to rise

The real estate market in Dubai is undergoing a significant surge in housing, with tens of thousands of new villas, townhouses, and apartments scheduled for completion and delivery to buyers within the year. Experts anticipate that property prices for both rentals and ownership will persist in their upward trajectory despite the considerable influx of new units, owing to robust demand from both local...

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