2025

Affordable unit sales soar in Dubai realty as tenants turn to ownership

Dubai’s affordable real estate segment experienced notable growth last year as more tenants shifted toward property ownership, data revealed. Emirates NBD Research reported that units priced between Dh1 million and Dh2 million saw a significant 71 per cent year-on-year increase in demand. The city recorded over 168,000 residential transactions across freehold markets in 2024, according to Emirates...

Dubai villa rent prices surge 52%, Palm Jumeirah sees biggest spike in 2024

Dubai's property market experienced record-breaking rental price growth in 2024, with top villa communities such as Palm Jumeirah witnessing the highest increase of over 52%, according to an industry report by Betterhomes. This was followed by Jumeirah Village Circle (JVC), which saw an increase of nearly 39%, and MBR City, which recorded a rise of over 15%. Similarly, top apartment communities saw...

Dubai real estate sector recorded $3.3bn of transactions last week

The Dubai real estate market recorded transactions totaling AED12.13 billion ($3.3 billion) last week, according to Land Department data. Mortgages made up the bulk of this figure, amounting to AED9.06 billion ($2.5 billion), as per the Land Department. A total of 3,126 sales transactions were registered between January 13 and January 17. Highlights of Dubai real estate this week: Some of the most...

Secondary housing market set for a strong 2025 come back, driven by family relocations

The surge in demand is not anticipated to cause a substantial increase in property prices, as a wave of handovers in key master communities is expected soon. Dubai’s secondary housing market is projected to thrive this year, surpassing demand for off-plan properties due to a rise in expat family relocations, driving interest in ready-to-move-in homes, according to industry experts. The increased...

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