May 3, 2024

Dubai’s developers, property owners will quickly take on lessons from April 16 events

Tenants will actively search for communities that effectively managed the flooding situation. After the rains on April 16, various factors will interact in the Dubai property market, altering the landscape of residential property buying and renting. Dubai has demonstrated an impressive recovery from the recent storms that temporarily disrupted the city's operations a couple of weeks ago. However,...

Prices to soar in 2025, flooding to have ‘minimal impact’ on market

The emirate possesses enough strength to overcome economic challenges due to surging demand expected to surpass supply, along with government incentives and a state-of-the-art infrastructure. Dubai’s real estate market maintains its lead over global hubs like New York, London, and Hong Kong, showing no signs of slowing down. Experts predict that property prices and rents in the emirate will keep...

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