April 22, 2024

DAMAC Properties assesses damage to assure residents of insurance coverage

DAMAC Properties assured that its communities in Dubai did not sustain significant damage despite the heavy rainfall. DAMAC Properties in Dubai is promptly implementing measures to safeguard residences and communities against damage in the wake of recent rainstorms in the UAE. After the recent severe weather in Dubai, DAMAC Properties conveyed appreciation to its communities, staff members, and...

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sales prices up 44%, rents up 64% as secondary sales market steadies

A Dubai real estate company has pinpointed the regions experiencing the most significant increases in both sales and rental rates. Residential real estate values in Dubai have surged by 26% this year, as per analysis conducted by Espace Real Estate. Espace Real Estate's Q1 market overview report, which examines sales and rental activity across Dubai's villa, townhouse, and apartment market in the...

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