2024

Will interest rate cuts reshape UAE property demand?

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...

Emaar plans new Dubai “super tower” to rival Burj Khalifa

Emaar is exploring plans for a new "super tower" in Dubai that would surpass all other planned developments in height, potentially becoming the world's second-tallest building. The company's founder, Mohamed Alabbar, is reportedly working on integrating "sustainable, cutting-edge technologies that have not yet been used in any development worldwide." Emaar already holds the record for the world's...

What to know before renting or buying in Dubai

When buying or renting property in Dubai, prioritize locations that match your lifestyle and long-term goals. As summer ends in the UAE, property prices in key markets like Dubai often dip due to shifts in seasonal demand, expatriates being away, and targeted sales strategies by developers. This presents valuable opportunities for buyers and investors. Lower entry costs enhance purchasing power, making...

Meraas launches 200 villas in nature-inspired community

A Dubai real estate developer has unveiled the latest phase of a 1,200-home community, with sales expected to be brisk. Meraas has announced the eagerly awaited launch of over 200 new homes at its exclusive standalone villa community, The Acres. This release caters to the high demand for eco-conscious, nature-inspired living, following the success and sell-out of more than half the community in the...

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