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...
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...
According to data from DLD, the community has consistently seen an increase in the appreciation of capital values for villa configurations, with seven clusters experiencing double-digit growth between 2021 and 2023. The villa property type, ready for immediate occupancy, stood out as the most coveted within the community, showing a remarkable 22% growth in 2023 compared to 2021. Since its establishment,...
The resurgence in high-end commercial real estate is being fueled in part by the 'feel good factor'. Amid declarations of the demise of the office due to the Covid-19 pandemic, the commercial real estate sector in Dubai is witnessing a resurgence, particularly in high-end spaces, as businesses aim to differentiate themselves and entice employees back with prestigious workplaces worthy of their daily...
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