Tenants will actively search for communities that effectively managed the flooding situation. After the rains on April 16, various factors will interact in the Dubai property market, altering the landscape of residential property buying and renting. Dubai has demonstrated an impressive recovery from the recent storms that temporarily disrupted the city's operations a couple of weeks ago. However,...
The emirate possesses enough strength to overcome economic challenges due to surging demand expected to surpass supply, along with government incentives and a state-of-the-art infrastructure. Dubai’s real estate market maintains its lead over global hubs like New York, London, and Hong Kong, showing no signs of slowing down. Experts predict that property prices and rents in the emirate will keep...
Adjacent to Global Village, Athlon will feature 1,492 residential units with three to six bedrooms, designed around the concept of active living. Sales will commence on May 7th. Aldar Group, based in Abu Dhabi, has revealed Athlon, its second residential development in Dubai, created in collaboration with Dubai Holding. The name draws inspiration from the Greek term meaning 'place of contest,' and Aldar...
Transaction volumes surged by a notable 35% quarter-on-quarter, soaring to a record-breaking 35,100 units. In Q1, 63% of transactions involved properties under construction. There was a remarkable 73% increase in off-plan sales compared to the previous quarter. The market was predominantly driven by apartment sales, which accounted for 83% of all transactions. Rental rates across Dubai...
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