The trajectory of rental prices plays a crucial role in determining the prospective demand for Dubai's property market. Research suggests a growing disparity between new and existing rental lease agreements in Dubai, often resulting in a notable contrast between occupied units and those vacant or marked with a 'vacancy notice.' The implementation of rent stabilization regulations has effectively...
This week, the real estate sector in Dubai has witnessed over 3,500 transactions. This week, the Dubai Land Department reported AED9.8 billion ($2.7 billion) in transactions in the real estate sector. From February 3 to February 9, a total of 3,543 transactions took place. A sum of AED1.61 billion ($438 million) was generated from the sale of 197 plots, while AED5.68 billion ($1.547 billion)...
As Dubai emerged from the pandemic and prices began to rise, many buyers found themselves in an advantageous position. Cash buyers could secure a brand new property at a relatively low cost, and mortgage buyers had convenient access to finance with favorable mortgage rates. Despite the abundant investment potential, a notable increase was observed in the number of end-users acquiring properties that...
Address Residences Zabeel comprises four iconic towers in Dubai's financial district, offering 1- to 3-bedroom apartments and penthouses, with prices starting at AED 1.8 million. Apartments at Emaar Address Residences Zabeel experienced a remarkable sell-out within a week, according to sources familiar with the situation as reported by Arabian Business. Consisting of 1- to 3-bedroom apartments and...
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