November 2024

Developers prioritise affordable projects to meet rising mid-income demand

Dubai’s residential real estate market is anticipated to witness a significant surge in demand for mid-income housing, with buyer interest expected to reach unprecedented levels in the coming quarters. This growth is attributed to population expansion and an influx of global talent, according to industry experts. In response to this rising demand, prominent developers are focusing on launching...

How to Buy a Property in Dubai Without Down Payment?

Introduction While Dubai's real estate market is undoubtedly exciting, the traditional down payment can often feel like a significant hurdle. Thankfully, there are ways to enter the property market in Dubai even if you don’t have a substantial deposit ready. This comprehensive guide explores strategies for buying property in Dubai without a down payment. Explanation of Zero Down Payment...

Tenants can save up to Dh100,000 a year by relocating to suburbs

Dubai’s approach to remote work is reshaping its real estate market, driving demand from central districts to suburban and community-focused developments to counter high rents and traffic. Many residents, including freelancers, are moving to Dubai’s suburbs to take advantage of work-from-home policies and reduce rental costs. This shift allows tenants to save up to Dh100,000 annually in rentals...

Dubai property sales hit another record in October, with nearly 20,460 sales

Dubai's property market reached an all-time high in October 2024, with nearly 20,460 transactions, marking the first time monthly sales surpassed 20,000. This represents a 13% increase from September, according to Property Monitor's latest data. Preliminary findings from Property Monitor's October report reveal that nearly 73% of transactions involved off-plan or under-construction properties. The...

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