November 2024

Dubai apartment rentals to see more than 18% surge in 2025, rental yield stabilising

In 2023, the number of new rental contracts for both apartments and villas reached its highest point, and current levels in 2024 are already nearing 90% of that peak, according to data from Square Yards. Following a period of stabilization in Dubai's apartment rental market, experts predict that 2025 will be another strong year for investors and homeowners, with short-term lease rentals expected to...

H&H Development announces Eden Hills with 327 luxury villas

H&H Development has introduced Eden Hills, a luxury villa community in Dubai. The project features 327 villas in five, five-plus, and six-bedroom configurations, along with 29 customizable plots. Phase 1, with 104 villas, is now open for sale within this gated community. Central to Eden Hills is the Central Wadi, a green oasis with walking trails, picnic pavilions, children’s play areas, dog...

Dubai Land Department outlines 4 key policies to drive real estate growth

The Dubai Land Department (DLD) has introduced four core policies aimed at advancing the city’s real estate sector. In a continued effort to drive innovation and establish growth-oriented regulations, DLD organized the Real Estate Policy Lab. This initiative aims to discuss and refine four essential policies for the sector: - Real Estate Alliances Policy - Resilience and Sustainability...

Emaar Development property sales hit $13.1bn in 9 months as developer sees 66 per cent uplift

Emaar Development has reported a remarkable 66% increase in property sales in the first nine months of 2024. The UAE-based company, part of Emaar Properties, achieved AED48bn ($13.1bn) in sales from January to September 2024, up from AED28.9bn ($7.9bn) in the same period in 2023. With 50 project launches across all master plans in 2024 so far, Emaar further cements its market leadership and positions...

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