May 10, 2024

Dubai residents stop renting, start buying as mortgage payments start to ‘match’ rental costs: Experts

According to experts, the surge in Dubai's real estate market leading to increased rents is motivating residents to either downsize, move to more budget-friendly neighborhoods, or invest in property. Rent hikes in Dubai are driving residents towards property ownership, as monthly rent payments align with mortgage costs, according to experts interviewed by Arabian Business. Real estate agencies note a...

Is it still profitable to invest? experts weigh in

As property prices hit a record high, specialists unveil the investment prospects that promise the highest profitability. Dubai's real estate market is flourishing, drawing interest from both local and international investors seeking lucrative property investments. Despite the escalating demand for Dubai property and the consequent rise in prices, navigating the city's dynamic real estate market is...

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