Dubai’s real estate market is poised for stabilization in 2025, with rent increases expected to slow down significantly. This shift is driven by a record-breaking supply of over 72,300 residential units scheduled for handover in 2025, offering tenants and investors a more balanced and sustainable rental environment. Industry experts attribute this trend to the introduction of the smart rental index,...
H.H. Sheikh Mohammed Announces Expansion to Address All Pending Applications The UAE has approved over AED1 billion ($272.2 million) in housing support, benefiting more than 1,300 Emirati citizens under the Sheikh Zayed Housing Program. This initiative aims to provide swift assistance and family stability to UAE nationals. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime...
Real estate experts predict that property prices and rents in areas near Etihad Rail stations could surge by up to 15% following the recent unveiling of the high-speed rail network. While the full impact is expected to unfold gradually, the proximity to rail stations is anticipated to play a pivotal role in boosting property values. Jeff Raju, CEO of Manifest Real Estate, stated, “Areas surrounding...
Dubai’s residential and commercial real estate market achieved unprecedented growth in 2024, surpassing all initial forecasts with robust double-digit gains. The ValuStrat Price Index (VPI) revealed an astounding 31.6% annual capital appreciation for villas and a 23.6% increase for apartments, cementing Dubai as a global real estate hotspot. Key Highlights of Dubai’s Real Estate Market in...
Damac Properties is making significant strides in the US real estate and data centre sectors, with plans for major investments and developments, according to its founder, Hussain Sajwani. $20 Billion Investment and Expansion Plans in Miami In an announcement earlier this month, Damac outlined plans for an initial investment of $20 billion in Miami's real estate market, with potential to double the...
Abu Dhabi’s real estate market is booming in 2024, bolstered by strong return on investment (ROI), transparent policies, technological innovation, and strategic foreign investments. Renowned for its luxurious lifestyle and family-friendly environment, the UAE capital continues to attract both local and international investors. With government initiatives driving growth, this market offers lucrative...
Dubai has solidified its status as a global property investment hub in 2024, driven by record-breaking sales, robust demand, innovative developments, and government-backed incentives. The city’s real estate sector recorded AED 522.5 billion ($142.2 billion) in sales, marking a 27% annual growth, with 181,000 transactions—a 36% surge year-on-year—according to the latest report from fäm...
Are you a property owner in Dubai? The Real Estate Regulatory Agency (RERA), part of the Dubai Land Department (DLD), is inviting you to take an active role in shaping your residential community by registering for owners committees. This initiative aligns with Dubai's commitment to transparency, sustainability, and efficient management of jointly owned properties. What Are Owners Committees? Owners...
In a move to strengthen their economic partnership, the UAE and New Zealand have signed a Comprehensive Economic Partnership Agreement (CEPA). This groundbreaking deal is expected to significantly enhance trade, streamline customs, and open new avenues for investment between the two nations. A Strategic Alliance for Economic Growth The agreement was formalized in the presence of UAE President His...
Dubai's real estate market is making waves globally, with a notable shift in investor demographics. Buyers from Germany, France, and the UK are becoming key players in the emirate’s property sector, adding a European flavor to what has traditionally been a regionally dominated market. A Changing Investor Landscape While Dubai has long been a magnet for regional and Asian investors, European...