May 31, 2024

Dubai and Abu Dhabi's retail rentals are rising by double digits.

Dubai and Abu Dhabi’s retail rentals are rising by double digits.

Due to strong demand and a shortage of high-quality inventory, retail rents in Dubai and Abu Dhabi have increased by double digits in recent months. CBRE Middle East reports that while rentals in Dubai increased 10.5% in the first quarter of the year, they increased 14.7% in the UAE capital. The real estate services company claims that multinational retail brands hoping to break into the local...

Over the last three years, Jumeirah Islands has registered over Dh10 million in trades, making it the new millionaires' refuge in Dubai.

Over the last three years, Jumeirah Islands has registered over Dh10 million in trades, making it the new millionaires’ refuge in Dubai.

After Emirates Hills, Jumeirah Bay Island, and Palm Jumeirah, elites seeking to settle in Dubai have turned to Jumeirah Islands as a new hunting area. The Islands accounted for more than 10% of sales totaling more than Dh10 million in the last three years, according to international real estate consultancy Knight Frank, indicating that the region may hold its value and develop into a desirable...

Dubai real estate is still strong in the first quarter, while Abu Dhabi residential sales are good.

Dubai real estate is still strong in the first quarter, while Abu Dhabi residential sales are good.

According to property expert Asteco, Abu Dhabi's residential sales market is exhibiting encouraging signals of development shortly, with a modest rising trajectory projected in the next months. Meanwhile, Dubai's real estate market has remained resilient in the first three months. According to Asteco’s Q1 2024 real estate research, Dubai’s robust economic performance and dedication to enhancing...

The complete guide to renting an apartment in the United Arab Emirates

The complete guide to renting an apartment in the United Arab Emirates

Do you have any plans to relocate to the UAE? With the aid of this all-inclusive book, you will be able to locate your dream apartment and comprehend the legalities associated with renting in the nation. Budget and expenses: Security deposits and upfront payments It's crucial to consider the one-time expenses of renting in addition to the annual rent after choosing the perfect house. Read this...

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