March 21, 2024

Dubai’s commercial realty reaps major gains

White-collar workers in Dubai have earnestly returned to the office. The commercial real estate sector in Dubai is experiencing significant growth, particularly in the demand for premium office spaces as companies aim to differentiate themselves and entice employees back to the workplace with an environment that justifies the daily commute. Emirates REIT (CEIC) PLC, the world's largest...

Dubai villa sales drop by 55% due to property shortage

Hamptons International attributes the decrease in sales to the restricted availability of villa properties. The surge in villa sales in Dubai has started to lose momentum, witnessing a decrease of over 50% in transactions during February this year. According to a report by Hamptons International, the total number of villa property deals in Dubai plummeted by about 55% last month compared to the same...

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