2024

Dubai's rise as a leading global property market is driving up prices, prompting increased interest in real estate investment trusts (REITs) and fractional ownership apps requiring payments as low as $136. While property ownership remains the simplest way to enter the market, 17 consecutive quarters of price increases have made this option less accessible. Emaar Properties PJSC has nearly quintupled...

Dubai’s residential real estate market has set new records, with total sales surpassing Dh50 billion for the first time, data revealed on Thursday. Engel & Völkers Middle East’s latest report shows sales transactions reached 19,605, marking an 80% year-on-year growth. This surge was led by the off-plan segment, which jumped 117% year-on-year, while secondary market sales rose by 33% amid...

Dubai’s Al Jaddaf district provides investors with appealing opportunities as square foot prices have dropped by 30%, preparing for significant transformation by 2030, experts say. Property prices in Al Jaddaf offer an excellent entry point for investors, with current rates at AED 1,790 per square foot, down from their peak of AED 2,543, presenting a lucrative opportunity in Dubai’s real estate...

Dubai’s residential real estate market is anticipated to witness a significant surge in demand for mid-income housing, with buyer interest expected to reach unprecedented levels in the coming quarters. This growth is attributed to population expansion and an influx of global talent, according to industry experts. In response to this rising demand, prominent developers are focusing on launching...