April 30, 2024

Why property prices, rentals will continue to rise next year also

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,...

Why property prices, rentals will continue to rise next year also

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,...

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