May 25, 2024

The UAE’s occupier market remains strong due to a surge in demand

In the first quarter, Dubai and Abu Dhabi's occupier markets experienced robust activity, fueled by heightened demand from new rental registrations. Dubai witnessed sustained occupier activity, with total rental registrations reaching 46,850, a 35.8% increase from the previous year. CBRE Middle East noted that the surge was predominantly driven by a 51.1% rise in new rental registrations, totaling...

World’s richest plan to invest Dh16 billion in Dubai’s property market

High-net-worth individuals from around the globe are anticipated to invest over Dh16 billion ($4.4 billion) in Dubai’s real estate market by 2024, as the emirate becomes the most popular destination for investors. According to global real estate consultancy Knight Frank, HNWIs’ investment interest is also driving them to Abu Dhabi and Sharjah after Dubai. Post-pandemic, Dubai's property market...

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