2024

Here's everything you need to know about the current rent-to-own property segment in Dubai's thriving real estate market. In Dubai's rapidly evolving real estate market, the rent-to-own (RTO) model, once favored as an accessible route to home ownership, is being reevaluated amid significant market transformations, according to industry experts. "The rent-to-own property market in Dubai is currently...

In May, sales transactions reached a record high, with volumes increasing by 47.7 percent compared to the previous month and 45.9 percent compared to the same month last year in Dubai. Sales volumes in Dubai's property sector have risen consistently in the first half of 2023, as reported by leading real estate agency haus & haus. Figures from Property Monitor, a property data tracking service,...

Dubai's real estate market has experienced three growth cycles, but it underwent two boom-bust periods – first during the 2008 global financial crisis when the market crashed for the first time, and again during the pandemic. After a three-and-a-half-year rally, industry experts are optimistic that the market will avoid another bust and instead experience slower, steadier growth. This is attributed to...

Mortgage transaction volumes in Dubai saw a significant rise, reaching a nearly 14-month high despite the relatively high interest rates in the UAE. As reported by Property Monitor, May experienced a 57.9 percent increase in mortgage transaction volumes, with 3,359 loans recorded. This marks the second-highest level, only behind March 2023, indicating the emirate's steady growth. According to...