The latest RERA rental update marks the conclusion of 'Covid pricing' and introduces additional changes. The Dubai real estate market has been exceptionally active this year, despite facing several challenges. The first six months of 2024 have marked a period of significant transformation for the market and the real estate industry overall. Updates to government processes, more robust regulations, and...
Emaar Development experienced a significant 30% increase in sales volumes, attributed to the successful completion of 30 project launches during this period, as stated in a press release. Emaar Properties demonstrated strong performance and operational efficiency across its various businesses in the first quarter (Q1) of 2024, as stated in a press release. Emaar Development experienced a significant...
Dubai property prices surged by up to 41 percent during the first half of 2024. Dubai’s real estate market saw over 43,000 sale transactions worth AED 122.9 billion in the first half of 2024, according to a new report. These transactions covered both residential and commercial properties, reflecting broad-based demand across various real estate segments. “Despite the global economic slowdown...
The Bayut report reveals that the most significant property price increases occurred in DAMAC Hills 2. According to a new report by leading real estate portal Bayut, Dubai property prices surged by up to 41 percent during the first half of 2024. This sharp increase in real estate prices was particularly noticeable in the villa segment. The report highlighted that villas in DAMAC Hills 2, a popular...
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