Asteco's Q2 2024 Dubai real estate report highlights key sector trends: The Dubai real estate market may see an additional 25,000 new homes by the end of the year, as reported by Asteco. The UAE real estate expert noted that Dubai’s strong economy and appealing lifestyle continue to attract expatriates. The fundamentals of Dubai’s real estate sector are solid, bolstered by substantial equity,...
August 2024
Can’t afford to buy a $20m Dubai mansion? Here’s how to start investing in Dubai real estate from just $136. Dubai's real estate market is thriving, with residential property sales reaching AED191bn ($52.5bn) in the first half of the year alone. It seems like every day brings news of a $20m home being sold on Palm Jumeirah or luxury properties with Burj Khalifa views setting new...
The Dubai-based developer's sales backlog reached $24.52 billion as of the end of June. Dubai-based Emaar Properties PJSC reported a net profit attributable to shareholders of AED 5.34 billion ($1.45 billion) for H1 2024, an 8% increase year-on-year, driven by rising retail sales and higher real estate demand in Dubai. The company disclosed on Thursday via DFM that its revenue reached AED 14.4...
Branded residences under construction in Dubai are about 10 percent cheaper on average compared to their ready counterparts, offering investors an attractive margin for capital gains, according to a new study by Morgan’s International Realty. "The lower prices of under-construction branded residences offer a compelling entry point for buyers aiming to benefit from future value appreciation upon...