According to industry experts, the recent severe floods in Dubai should serve as a reminder of the significance of obtaining home insurance. They note that the percentage of UAE residents with home insurance is surprisingly low, with less than 15 per cent having coverage. Inquiries about home insurance in the Middle East typically arise only during extreme weather events or fires, reflecting a...
According to Knight Frank, a global property consultant, there were 105 properties sold in Dubai in the first three months of this year valued at more than $10 million, marking a 19% increase from Q1 2023. Faisal Durrani, Partner – Head of Research, MENA, explained, “The level of deal activity in Dubai continues to strengthen, particularly at the top end of the market, where there's a constant...
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