April 23, 2024

Palm Jumeirah villas experience a 63% rent increase in Q1 2024

Palm Jumeirah Villas See 63% Rent Surge in Q1 2024

In the first quarter of 2024, Palm Jumeirah villas and townhouses experienced a significant increase in rent prices, according to a recent report. The area saw a 63% jump compared to the same period in 2023, reflecting its lasting appeal and high-end status. The average rent for villas and townhouses in Palm Jumeirah rose from AED 656,114 in Q1 2023 to approximately AED 1.07 million in Q1 2024, as...

Understanding Tenant Rights: Security Deposit Deductions in Dubai Real Estate

My Dubai Rent: Digital Content Creator Enjoys Dynamic Marina Apartment Living

The vibrant energy and lively atmosphere of Dubai Marina attracted a young couple of digital content creators to make it their home. Zhale Rousta, a digital content creator, fell in love with the neighborhood upon her first visit to Dubai in 2007. She and her husband, Nima Farahbakhsh, relocated to the UAE from Rasht, a coastal city in Iran, around a year ago. Read this...

Ajman Real Estate Transactions Hit $1.71 Billion in Q1 2024

Dubai Developers Offer Free Repairs for Homes Damaged by Rain

In the wake of last week's heavy rainfall in Dubai, developers have taken proactive steps to support their communities by covering the cost of repairs for properties affected by flooding and damage. Private real estate developer MAG is extending its assistance to customers impacted by the inclement weather. MAG announced that it will cover all costs associated with repairing affected residences within...

Ajman Real Estate Transactions Hit $1.71 Billion in Q1 2024

Ajman Real Estate Transactions Hit $1.71 Billion in Q1 2024

In the first quarter of 2024, Ajman’s real estate sector saw a total transaction value of AED 4.3 billion, marking an impressive 26.6% growth compared to the same period in 2023. Read this also : A partnership between Aldar and Siemens makes Saadiyat Grove Abu Dhabi’s leading smart project Sheikh Abdulaziz bin Humaid Al Nuaimi, the Chairman of the Department of Land and Real Estate Regulation in...

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