January 18, 2025

Residential property market grows 27.5% in 2024

In December, villa prices in Dubai rose by 2.1%, marking a 31.6% increase year-on-year. Dubai’s residential real estate market experienced a 27.5% annual rise in capital values in 2024, according to the ValuStrat Price Index (VPI), which has now doubled since the pandemic. As of December 2024, the VPI stood at 200.7 points, reflecting a 1.7% rise from November, marking the fourth consecutive month...

Expat demand for hotel, serviced apartments skyrockets amid soaring rent prices

With features such as high-speed Wi-Fi and co-working spaces, these companies foster an environment where productivity thrives while ensuring guests enjoy the comforts of home. “Looking to 2025, I believe the most successful long-term stay models will focus on flexibility, technology, sustainability, and wellness, while also maintaining the premium service and attention to detail that characterize the...

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