Until 2025, property prices and rentals in Dubai are expected to keep rising due to the city's population growing 300 per cent faster than the new property supply in the first quarter of this year. Forecasters in the real estate industry are now extending their predictions for the three-year surge to the following year, fueled by robust demand surpassing supply at an accelerated rate this year,...
Dubai Investments (DI), the prominent investment firm listed on the Dubai Financial Market (DFM), has celebrated a significant milestone by commencing construction on residential and hotel towers on Danah Bay, Al Marjan Island, Ras Al Khaimah. This groundbreaking moment signifies a notable advancement in the ongoing development of the prestigious coastal enclave. The project, valued at Dhs1 billion,...
The Royal Institution of Chartered Surveyors unveils optimistic projections for commercial property in the UAE. The UAE's commercial property sector is poised for further growth as demand remains robust in the office, industrial, and retail markets. The Royal Institution of Chartered Surveyors Global Commercial Property Monitor Q1 2024 indicates that the UAE maintains strong sentiment in its commercial...
In Q1 2024, a recently released report unveils the most recent trends regarding rental properties in Dubai's real estate market. The latest quarterly report by real estate portal Bayut indicates continued growth in Dubai's rental market. In the first quarter of this year, both apartments and villas saw rental prices increase by up to 17 percent across affordable, mid-tier, and luxury segments. This rise...
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