The Dubai real estate sector experiences a significant week, recording sales exceeding AED13 billion. The Dubai real estate sector recorded transactions exceeding AED 17.5 billion ($4.8 billion) last week, based on data from the Land Department. This marks an increase of approximately $500 million compared to the AED 15.9 billion ($4.3 billion) recorded the previous week. Sales were the most...
The data shows that May 2024 marked an unprecedented peak for Dubai's real estate sector, recording the highest volume and value of transactions ever. Dubai's real estate sector achieved a record high, registering the greatest volume and value of transactions to date, as highlighted in Property Finder's market performance report for May 2024. A total of 17,713 transactions were recorded, representing...
Branded real estate projects in Dubai are known for delivering high returns on investment, prestige, and attracting high-net-worth investors. While investing in Dubai real estate has always been appealing, branded residences offer an especially compelling opportunity, according to developer MERED. These luxurious properties stand out from traditional real estate by offering high-end amenities,...
The extended growth is due to the interest of high-net-worth individuals (HNWIs), particularly their demand for luxury property investment in the city. Recent data from Statista indicates that the UAE real estate market is projected to reach a value of AED2.6 trillion by the end of next year. The extended growth is attributed to the interest of high-net-worth individuals (HNWIs), specifically their...
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