2024

Binghatti aims to double project portfolio to AED100bn within 18 months

Dubai's property market continues to present attractive investment opportunities, with average prices per square foot being significantly lower—around one-third of those in London and half of those in Los Angeles. Leading developer Binghatti Properties is set to nearly double its portfolio over the next 18 months, expanding from AED40 billion to AED100 billion. This expansion follows a strong...

Off-plan or ready properties – which investments pushed market to a record $38.7bn sales quarter?

Off-Plan vs. Ready Property Sales: Property Finder Analyzes Record $38.7 Billion Sales Quarter With the Dubai real estate market achieving its highest-ever transaction quarter, Property Finder has analyzed the data to determine whether off-plan or ready property sales are driving the market. Dubai reached unprecedented levels, reporting a total of 50,439 transactions valued at AED 142 billion ($38.7...

Bayut report reveals Dubai property market thrives in Q3 2024

Bayut, a top property portal in the UAE, has released data highlighting the most searched areas in Dubai's real estate market for Q3 2024. Property values in Dubai’s popular neighborhoods have continued their upward trend, driven by strong sales, high demand, and new inventory that is expected to sustain growth into the coming year. Property Buying Trends in Dubai According to Bayut’s data, there...

Price gap widens for Dubai’s offplan property in primary and secondary sales

It's no longer just about the substantial price gap between off-plan and ready properties. The collapse of Lehman Brothers wasn’t the direct cause of the 2008 financial crisis. Numerous academic studies have explored decisions made in an interconnected economy and concluded that, despite Lehman's heavy reliance on leverage, the core issue was that investors were unaware of the obscure risks they...

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