March 2024

Dubai Mall becomes most visited place with record 105 million visitors in 2023

New figures released by the mall on Tuesday also showed a staggering 20 million people visited the mall in the first 2 months of this year alone On Tuesday, the Dubai Mall announced a remarkable surge in visitors, reaching an unprecedented 105 million in 2023, marking a notable increase of over 19 percent from the previous year's 88 million. The Mall declared its status as the world's most visited place,...

Palm Jebel Ali gains interest from long-term investors

It was the top-performing area in the emirate in terms of last year's fourth-quarter sales Palm Jebel Ali has become a focal point for long-term investors, emerging as the most lucrative area in Dubai based on sales performance in the fourth quarter of last year. According to industry executives, units are being sold by investors at premiums of up to 10 percent to capitalize on the profits generated...

27% YoY increase in transactions, 35% in value: February 2024 sees impressive surge reveals Property Finder

The most in-demand rental choice was the two-bedroom apartment, making up 35% of total searches, with one-bedroom apartments closely trailing behind at 33%. DUBAI, UNITED ARAB EMIRATES: Property Finder, the primary property portal in the MENA region, has unveiled key market performance indicators for February 2024, providing crucial insights into the real estate sector. In February 2024, there was...

Dubai realty sales surge 27% in February

Property portal’s research finds that two-bedroom apartments are the most sought-after rental option In February, real estate sales transactions in Dubai saw a robust increase of over 27%, totaling 11,900 deals compared to the 9,371 recorded in February 2023. This underscores the consistent strength in the market throughout the current year. Building on positive trends observed in 2023, the transaction...

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