January 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...

Dubai’s Nakheel taps global architects for exclusive Palm Jebel Ali luxury villas

World-renowned architects collaborate to design 10 exclusive beachfront mansions on Palm Jebel Ali. Dubai developer Nakheel has teamed up with six international and local architecture firms to create 10 luxury beachfront villas on Palm Jebel Ali, further enhancing the city’s premium real estate portfolio. The Beach Collection villas, sized between 7,300 and 8,500 square feet, will feature five and...

Dubai real estate market sees rising interest from Germans, French, British as investor demographic shifts

Dubai's real estate sector has become an attractive alternative for international property investors, thanks to its stability and investor-friendly environment. In recent times, Dubai has been drawing global investor interest, with an increase in investments from various buyer demographics. However, there has been a notable shift with European buyers, particularly from Germany, France, and the UK,...

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