The most in-demand rental choice was the two-bedroom apartment, making up 35% of total searches, with one-bedroom apartments closely trailing behind at 33%. DUBAI, UNITED ARAB EMIRATES: Property Finder, the primary property portal in the MENA region, has unveiled key market performance indicators for February 2024, providing crucial insights into the real estate sector. In February 2024, there was...
Property portal’s research finds that two-bedroom apartments are the most sought-after rental option In February, real estate sales transactions in Dubai saw a robust increase of over 27%, totaling 11,900 deals compared to the 9,371 recorded in February 2023. This underscores the consistent strength in the market throughout the current year. Building on positive trends observed in 2023, the transaction...
Dubai witnessed the highest annual capital growth in apartment prices in a decade, according to the ValuStrat Price Index (VPI) released on Wednesday. The VPI, designed to reflect changes in capital and rental values of residential and commercial properties, reported a 21.5% annual growth, with monthly increases of 2%, reaching 160.6 points in January 2024. Apartments and villas scored 134 and 201.4...
The expansion of Dubai city is beneficial for property owners, and improved "connectivity" plays a crucial role in enhancing their advantages. Al Khail Road, once considered a slightly more circuitous option to Sheikh Zayed Road, has evolved into a crucial thoroughfare linking many of the city's burgeoning residential communities, making it one of the busiest highways in the city. Throughout the...
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