Over the past three months, rental rate changes have varied, with average rates for apartments and villas showing minimal fluctuations. Dubai's real estate market anticipates a forthcoming increase in tenants vacating their rented properties. This shift stems from factors such as moderated rent escalations in specific locales, revisions to the Rera rental calculator permitting potential rate...
The idea is gaining popularity in affluent districts such as Downtown and Dubai Marina, as well as in moderate-priced areas like Jumeirah Lake Towers and Jumeirah Village Circle. The resurgence of 'rent-to-own' properties has been invigorated by the surge in rentals, leading to renewed popularity for this concept. With rents escalating in many regions, certain communities are experiencing rent...
Dubai's real estate sector experienced its highest-ever volume and value of transactions last month, according to data released on Thursday. Property Finder's market performance highlights for May revealed a total of 17,713 transactions, marking a 53% increase from May 2023. The total value of these transactions surged by 38% to Dh46.5 billion. The market witnessed a significant surge in transaction...
Achievement reiterates the huge demand on properties at Dubai South Dubai South Properties has announced that the final phase of South Bay, located in the heart of Dubai South’s Residential District, sold out within four hours of its market launch. This latest launch follows the successful sell-out of all previously released units across different phases, highlighting the high demand for properties in...
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