The direction of the Dubai real estate market is heavily shaped by economic policies, which have put it at a crossroads. In order to effectively navigate this dynamic industry, investors and stakeholders must have a thorough understanding of the complex interactions between governmental rules and market forces. Drivers of Economic Policy The government's set of economic policies has a significant...

In Dubai, I reside in a middle-class neighborhood with reasonably priced rent. My landlord is reasonable and has never raised rent on me out of the blue. On the other hand, I've been reading about widespread increases in rent in the city. I'm concerned that my landlord would raise my rent at the next renewal by using the updated Dubai Land Department rental index. Read this also: Forecasts for the...

The real estate industry in Dubai is a dynamic and ever-changing field that is impacted by world trends, governmental regulations, and economic situations. A number of factors are likely to affect the market's direction as 2024 draws near. '''Overview of the Current Market''' Dubai's real estate industry expanded significantly in 2023. AED 300 billion was sold in total, a 44.7% rise in real estate...

A May ValuStrat Price Index (VPI) analysis of Dubai property values revealed that strong demand lessened the effects of flooding brought on by April's record rainfall. Analysts at ValuStrat found that while apartment valuations grew quicker than in April, villa capital values grew at similar monthly rates. The VPI increased by 2.1% monthly and by 27.2% annually in May, hitting 174.4 points. Against a...

The Sharjah Investment and Development Authority (Shurooq) has announced the soft launch of the first phase of the “Najd Al Meqsar” project. The Sharjah Collection manages this project, which is a premier luxury hospitality and heritage tourism destination in Khorfakkan, located in the eastern region of the Emirate of Sharjah. Read this also: Dubai Hills Estate presents Soho’s hospitality-inspired...

The Berkeley, the first completely furnished home with a hospitality theme within the Dubai Hills Estate development, has been unveiled by Soho Development, a residential real estate developer with headquarters in the United Arab Emirates. The Berkeley offers distinctive parkfront living in one of the most sought-after neighborhoods. Read this also: “We want to be opportunistic with new...

The ADX-listed Eshraq Investments is getting ready to introduce a new operational plan that will involve looking into private equity prospects in Saudi Arabia and the United Arab Emirates. Read this also: In May, Dubai real estate reaches record highs. These would come in the shape of $50 million to $100 million investments in businesses that Eshraq thinks have the capacity to expand and yield the...

According to data released on Thursday, the volume and value of transactions in Dubai's real estate sector reached record highs last month. Property Finder's market performance highlights for May show that there were 17,713 registered transactions in total, which is a 53% increase over May 2023. To Dh46.5 billion, the total value of these deals rose by 38%. Read this also: Dubai South Properties’...

Within four hours of going on sale, the last phase of South Bay, a unique development in the center of Dubai South's Residential District, was successfully sold, according to Dubai South Properties. Read this also: In Makkah, work on ten upscale residential complexes has started. The company's strategic approach to project launch and the strong sales of all previously announced units over several...

Work on 10 five-story residential structures has started as part of The Kidana Al Wadi project, which is strategically positioned for accommodations in Mina and will span a 33,000-square-meter area near the Jamarat facility, according to the Royal Commission for Makkah City. Read this also: April saw a 28% increase in Qatari real estate sales. The project, which is being constructed in conjunction...