Dubai real estate market faces competition from Abu Dhabi, Ras Al Khaimah: Experts Residential property prices in Dubai’s off-plan segment are expected to rise by up to 15 percent in the second half of 2024, driven by increasing construction costs and ongoing demand from international investors, according to industry experts. Property prices in Abu Dhabi and Ras Al Khaimah (RAK) – emerging UAE...
New Dubai residents are quickly transitioning from renting to owning properties to avoid rising rents in the emirate. This shift is driven by their plans to stay longer, which helps absorb the incoming market supply. Dubai's population growth continues to drive rental transactions, especially in new developments, where a substantial portion of newly completed projects is taken up by the rental...
Property projects from Tier 1 developers in Dubai are selling out in minutes, if not hours, due to continued strong demand in the emirate, industry sources report. To capitalize on this robust real estate demand from both residents and international investors, developers are frequently launching new projects. Developers of all sizes are vying for the attention of real estate agents and buyers, who...
Dubai’s real estate market experienced a significant surge in Q2 2024, with transaction volumes soaring by an impressive 60.06% year-on-year. Dubai’s residential property market saw a 35.7 percent increase in total transaction value, reaching approximately $33.5 billion (AED 124 billion) in the April-July quarter of 2024, according to the latest market report. The total transaction volume also...
Compare listings
Compare