July 6, 2024

Over 80% of property units launched since 2022 sold out

More than 80% of newly launched property units in Dubai since 2022 have been sold, underscoring sustained high demand in the emirate. Dubai has witnessed the launch of numerous projects worth hundreds of millions since 2022. According to Dubai Land Department data, approximately 214 projects have been launched, with 148 currently active. “Despite concerns over the impact of new launches on prices,...

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What happened to rent-to-own properties? Experts weigh in

Here's everything you need to know about the current rent-to-own property segment in Dubai's thriving real estate market. In Dubai's rapidly evolving real estate market, the rent-to-own (RTO) model, once favored as an accessible route to home ownership, is being reevaluated amid significant market transformations, according to industry experts. "The rent-to-own property market in Dubai is currently...

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