The Future Living: Dubai 2024 Edition report, which gathered feedback from 1,612 participants, indicates that 72% anticipate property prices to increase over the coming year. A recent survey by Betterhomes highlights the strong growth and changing preferences within Dubai’s property market. According to the Future Living: Dubai 2024 Edition report, 72% of the 1,612 respondents predict that property...
In July 2024, sales of under-construction properties accounted for 60% of total transactions, marking a 49% year-on-year increase. Anyone with even a casual interest in Dubai’s real estate scene knows that it’s currently experiencing remarkable growth and has been for quite some time. Since the end of the global pandemic, Dubai's property sector has consistently thrived, setting numerous records...
Dubai’s property market is expected to lead global cities in growth this year, though high new supply may cause a short-term correction. According to the UBS Global Real Estate Bubble Index 2024, Dubai’s score rose from 0.14 in 2023 to 0.64, moving its ranking from 23rd to 14th place. For the past three and a half years, property prices and rentals in Dubai have increased, driven by a population...
Interest rate cuts will play a role, but how much will they actually influence investor decisions? Dubai's property market has largely been driven by off-plan sales. Now, with subtle pricing changes emerging, could this signal a return to demand for ready homes? On one side, China is grappling with its real estate sector, introducing measures like lowering borrowing costs and reducing down payments...
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