2024

Three new master communities are set to make their debut in Dubai in 2024, contributing to the much-needed supply of villas and townhouses on the market and marking the beginning of the emirate’s next phase of expansion, despite off-plan sales continuing to dominate the market. According to a reliable source of real estate market intelligence, Property Monitor, two of the upcoming master communities...

During the pandemic, Dubai villas and townhouses experienced robust demand driven by the necessity for additional space, whereas apartments are now being viewed as presenting superior investment prospects and potential for price appreciation in 2024, owing to their affordability and sustained high demand, according to experts. The real estate sector in Dubai is undergoing rapid evolution, witnessing new...

Report says developers are in a strong financial position leading up to the next cyclical downturn. S&P Global Ratings predicts that Dubai's residential property market will undergo a cooling phase in the next 12-18 months due to a surge in supply and global economic pressures impacting demand. Despite this, developers in the emirate have bolstered their cash reserves thanks to record pre-sales in...

For individuals intending to stay in Dubai for five years or longer, the financial advantages of buying instead of renting become evident when evaluating the overall return on investment. The choice between buying and renting depends on individual circumstances for potential buyers. Factors such as perceived security, long-term residency plans, job stability, and the desire to establish roots in Dubai...