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Featured Articles
Abu Dhabi’s Q1-2024 Real estate Transactions records AED 15.9 billion
Abu Dhabi real estate market has been experiencing steady growth and expected to continue its upward trajectory in 2024 and to deliver a strong performance even under inflationary pressures. The real estate sector of Abu Dhabi has demonstrated its strength and energy by starting 2024 with a bang. In the first quarter alone, it saw transactions worth AED 15.9 billion being recorded — an …
Investing in property in Dubai: guideline for first time buyers
Investing in property in Dubai is the logical next step that any business-savvy buyer should take into consideration. Known for generating one of the highest ROIs in the world, Dubai has been one of the most sought-after choices for investments in the real estate market and will continue to attract increasingly more individuals looking to either relocate or own property as an investment. Investing …
Dubai rent prices up 22% in 2023
Dubai rent prices rose 22.0% in the year through July 2023. Over this period, average apartment rents increased by 21.9%, and average villa rents rose 22.6%. Rent prices continue to increase in Dubai mid-2023. While this trend may not be welcomed by tenants looking for more affordable housing options, it presents a unique opportunity for investors to capitalize on the extraordinary momentum in the …
Palm Jumeirah villa prices experience an upward trend
Palm Jumeirah villa prices have surged by a remarkable 126% since the onset of the pandemic. Moreover, in the first quarter of 2023 alone, there was a notable 14% increase, further underlining the sustained growth in this luxury real estate market. Palm Jumeirah, one of Dubai’s most iconic and sought-after residential destinations, has witnessed a substantial surge in property prices during the first quarter …
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