Real Estate

Affordable properties are increasingly dominating Dubai’s real estate market as more people choose the emirate as their home, according to recent data released on Tuesday. Engel & Völkers Middle East, a leader in premium residential and commercial real estate services, reported that properties priced under Dh1 million accounted for 32.2% of sales, up from 26.7% in October. Studios and one-bedroom...

Off-plan properties have long been considered a profitable investment opportunity, especially in a dynamic market like Dubai. With more affordable prices and flexible payment plans, investors can secure properties at a lower cost than completed developments, offering the potential for substantial returns. However, there may be significant delays or, in rare cases, cancellations. To address these issues...

Dubai real estate sales totaled $8.3bn in November, according to Springfield Properties research. The Dubai real estate market demonstrated resilience in November 2024, with sales transaction values reaching AED30.53bn ($8.3bn) across 12,543 transactions, Springfield Properties reported. Despite a seasonal recalibration, the figures highlight sustained investor confidence in Dubai's dynamic property...

Rents in Dubai are projected to increase by around 10% in 2025, driven by an influx of new residents and a strong demand that continues to exceed supply. Here’s a breakdown of the key points for the coming year. Why Are Rents Rising in Dubai? Several factors are fueling the increase in rental prices: Population Growth: Dubai’s population reached 3.814 million in December 2024, up from 3.654...