Real Estate

Tenants want professionally managed properties, Betterhomes study reveals

A recent study by Betterhomes reveals a significant shift in tenant preferences within Dubai's rental market, highlighting a growing demand for professionally managed properties. Key Findings: High Occupancy Rates: Betterhomes' professionally managed portfolio boasts a 96% occupancy rate, indicating strong tenant preference for such properties. Maintenance Expectations: 83% of tenants expect...

Emaar Development backlog crosses AED100bn as Q1 sales jump 28% to $4.5bn

Emaar Development has reported a robust performance for the first quarter of 2025, with significant growth across key financial metrics: Property Sales: AED 16.5 billion (US$4.5 billion), marking a 28% increase compared to Q1 2024. Revenue Backlog: AED 100.1 billion (US$27.3 billion) as of March 31, 2025, up 52% year-on-year, indicating strong future revenue streams. Revenue: AED 5 billion...

Dubai Property Market Eyes Doubling in Value by 2030 Amid Strategic Growth

Dubai's real estate market is poised for significant growth, with projections indicating that property prices could double by 2030. This optimistic outlook is supported by several key factors: Robust Market Performance In 2024, Dubai's real estate sector recorded over 217,000 transactions valued at AED 526 billion ($143 billion), marking a 38% increase in transaction volume and a 27% rise in value...

Dubai real estate enters a new growth phase as market nears pre 2008 highs

Dubai's real estate market is experiencing a significant resurgence, approaching the peaks observed before the 2008 financial crisis. This growth is driven by a combination of economic resilience, strategic policy reforms, and robust investor confidence. Key Drivers of the Market Surge Economic Resilience and Population Growth: Dubai's economy has demonstrated strong performance, bolstered by...

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