January 11, 2025

Impact of short-term rentals on Dubai’s real estate market in 2025

Dubai’s Real Estate Market Adapts to Growing Visitor Numbers With more visitors flocking to the city than ever before, Dubai’s real estate market has swiftly adapted to meet their diverse needs. Promising Outlook for 2025 The future of Dubai’s real estate market looks bright as we head into 2025. In 2024, the sector experienced remarkable growth, driven by increasing tourist numbers, Dubai’s...

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Rents could drop in some older buildings as smart rental index is launched

Rents in older Dubai buildings lacking modern amenities may drop due to the introduction of the new smart rental index. Real estate industry leaders predict that newer buildings with high-end facilities could see rents rise by as much as 15%, as landlords adjust prices to match current market rates. Unveiled last week by the Dubai Land Department, the index incorporates several factors, including the...

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