2024

Dubai property market undergoing a transformation, say estate agents

Newly minted homeowners are seeking greater stability for the long haul as they establish deeper roots within the city. Real estate agents have noted a rise in property sales in Dubai due to increased rental costs and an uptick in residents choosing to stay in the UAE for extended periods. The attraction of a UAE golden visa, often granted with high-priced property purchases, and the availability of...

Property boom continues as luxury home demand skyrockets, says new report

Investor confidence in Dubai’s long-term growth prospects is demonstrated by the strong performance of the city’s property market. The residential real estate market in Dubai has demonstrated resilience and expansion, as evidenced by recent data from ValuStrat showing substantial rises in capital values across different segments. In February 2024, ValuStrat’s report indicated that the Dubai...

UAE-based property firm Azizi Developments pledges Dh600 million for Mothers’ Endowment campaign

Sheikh Hamdan commends the significant contribution made towards an educational complex funded by the foundation. On Wednesday, Azizi Developments revealed its commitment of Dh600 million towards the establishment of an educational endowment complex as part of the Mothers’ Endowment campaign. The declaration took place with the attendance of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the...

Apple Vision Pro to impact property sales, agents must adapt

The CEO of Allsopp & Allsopp sees augmented reality technology as a significant opportunity to revolutionize the property viewing and purchasing process. Social media is abuzz with the debut of Apple's latest gadget, with videos emerging showing business professionals wearing the sizable VR box while going about their daily routines. Real estate analysts anticipate that this groundbreaking augmented...

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