December 27, 2023

Anticipating a 50% Surge: Dubai Short-Stay Rents Set to Skyrocket in the New Year

Anticipating a 50% Surge: Dubai Short-Stay Rents Set to Skyrocket in the New Year

As the New Year approaches, Dubai's property investors and landlords who have relied on short-term rentals are basking in the glow of rich rewards, with year-over-year rate increases soaring to unprecedented heights, reaching up to 50%, according to market sources. Throughout December, short-term accommodation reservations in Dubai have experienced a surge, particularly for luxury properties. A...

Anticipated Surge: Dubai Property Sales Projected to Exceed $108 Billion in 2023

Anticipated Surge: Dubai Property Sales Projected to Exceed $108 Billion in 2023

As 2023 draws to a close, Dubai's real estate market is poised for a triumphant finale, with property sales expected to soar beyond AED 400 billion ($108.9 billion), according to a recent analysis. W Capital, a Dubai-based real estate brokerage firm, reports that the cumulative value of property sales since January 2023 has already surpassed AED 393 billion and is projected to climb even higher in the...

Surge in Demand for Prime Residential Areas in Qatar during Q3 2023

Surge in Demand for Prime Residential Areas in Qatar during Q3 2023

In Q3 2023, the demand for key residential areas in Qatar reached unprecedented levels, driven by the allure of the nation's prime locations. Tenants seeking proximity to the business center increasingly opted for downtown residential hubs such as Lusail, West Bay, Pearl, and others. Hapondo, a leading realty platform in Qatar, revealed in a recent market analysis that convenience plays a pivotal role...

Azizi Developments' Pearl Project in Al Furjan: Completion Update for Q1 2024

Azizi Developments’ Pearl Project in Al Furjan: Completion Update for Q1 2024

In a recent announcement, Azizi Developments, a prominent UAE-based real estate developer, shared a progress update on their prime project, Pearl, located in the thriving Al Furjan growth corridor in Dubai. The development has reached an impressive 80% completion and is on track to be finished by the end of Q1 2024. According to Azizi, key milestones have been achieved in the construction process. The...

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