June 20, 2024

Home prices surge over 27% compared to May 2023, Palm Jumeirah apartment rates reach new highs

Analysts say the numbers highlight Dubai's continued recovery from the pandemic's impact. Dubai’s residential market continued its strong performance in May, with capital values accelerating compared to the previous month, according to ValuStrat's latest figures. The ValuStrat Price Index (VPI) showed a 2.1 percent increase for the month, reaching 174.4 points, marking a 27.2 percent rise compared...

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