It was the top-performing area in the emirate in terms of last year's fourth-quarter sales Palm Jebel Ali has become a focal point for long-term investors, emerging as the most lucrative area in Dubai based on sales performance in the fourth quarter of last year. According to industry executives, units are being sold by investors at premiums of up to 10 percent to capitalize on the profits generated...
The most in-demand rental choice was the two-bedroom apartment, making up 35% of total searches, with one-bedroom apartments closely trailing behind at 33%. DUBAI, UNITED ARAB EMIRATES: Property Finder, the primary property portal in the MENA region, has unveiled key market performance indicators for February 2024, providing crucial insights into the real estate sector. In February 2024, there was...
Property portal’s research finds that two-bedroom apartments are the most sought-after rental option In February, real estate sales transactions in Dubai saw a robust increase of over 27%, totaling 11,900 deals compared to the 9,371 recorded in February 2023. This underscores the consistent strength in the market throughout the current year. Building on positive trends observed in 2023, the transaction...
Dubai witnessed the highest annual capital growth in apartment prices in a decade, according to the ValuStrat Price Index (VPI) released on Wednesday. The VPI, designed to reflect changes in capital and rental values of residential and commercial properties, reported a 21.5% annual growth, with monthly increases of 2%, reaching 160.6 points in January 2024. Apartments and villas scored 134 and 201.4...
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