March 2024

As costs increase, construction companies in the UAE and Saudi Arabia are turning to AI, modular construction, and sustainability to address the challenges. According to a report by project management specialists, Currie and Brown, construction costs are poised to rise in the UAE and Saudi Arabia this year. In 2024, construction costs in the UAE are expected to see a 2-3% increase, while in Saudi...

Areas like Dubailand and Al Barsha experienced some of the most substantial rent increases in recent years. A study from a prominent property platform highlights the enduring robust demand in Dubai and Abu Dhabi real estate markets, driven by impressive rental yields. The findings depict a resilient and dynamic real estate sector, presenting various opportunities for investors, residents, and tourists...

This revision follows a hike in prices in February, attributed to the escalating fuel expenses. Fuel prices in the UAE are set to increase in March, as announced by the authorities. This change follows an increase in prices in February attributed to the rising costs of fuel. Although the prices of petrol and diesel have fluctuated over the past 12 months, they are presently lower than they were at...

The spotlight is on regional real estate developments as the International Property Show in Dubai unfolds. Dubai's International Property Show highlights regional real estate developments. Marwan bin Ghalita, the Acting Director-General of Dubai Land Department, officially opened the 20th edition of the International Property Show (IPS), emphasizing regional real estate developments for potential...