There is a significant housing boom in Dubai, where tens of thousands of new villas, townhouses, and apartments are expected to be finished and given to customers this year. Experts forecast that despite the massive influx of new apartments, demand from both domestic and foreign purchasers would drive up property prices for both ownership and rentals​ (D&B Dubai)​​ (Altitude Real...

The residential real estate industry is still growing. Record-breaking numbers of transactions were made in 2023, with sales and rental prices rising by 18% and 26%, respectively, year over year. This trend is anticipated to continue in 2024 and will be one of the real estate developments in Dubai​ (D&B Dubai)​​ (Altitude Real Estate)​. Read this also: Ras Al Khaimah has introduced Raha, a...

Abu Dhabi's real estate landscape witnessed significant growth in the fourth quarter of 2023, with office sales prices soaring by 38.7% year over year, as reported by ValuStrat. Additionally, asking rents experienced a notable increase of 13.3%, signaling a robust market performance in the capital city. Read more : Dubai Market Bucks Remote Work Trends with Surge in Office Space Expansion ValuStrat's...

Dubai’s branded residences sector is set for substantial expansion, with standalone projects expected to make up 54% of the market, representing 78% of new developments over the next four years in Dubai. This signals further growth in the branded residences segment within the city's real estate landscape. Click Here to Read More : Dubai Mall’s Remarkable Achievement: ‘Most Visited Place on...

With an unprecedented booking of Dh15.5 billion, Sobha Realty concluded a remarkable 2023. The surge in demand for its luxurious properties propelled the company to achieve record-breaking sales, marking a 51% increase over previous years. Click Here to Read More : The Journey of Dubai’s Ambitious Airport Project Having surpassed its target of Dh15 billion in sales for 2023, Sobha Realty now sets...

In 2023, Dubai's real estate market witnessed unprecedented growth, achieving record-breaking transaction activity in the residential sector. According to a recent report by global real estate services provider Savills, the residential sector experienced a remarkable 29 percent annual growth, reaching an all-time high of 118,200 units sold, marking the first time transactions surpassed 100,000 in the...

In a surprising move contradicting remote work expectations, Dubai is set to witness the construction of 44,000 square meters of high-quality office space in free zones during 2024, responding to the city's surging demand. Read this also : In 10 Years, Sharjah Millionaires Projected to Surge by 120%; Dubai Ranks Third in BRICS Bloc Wealth Commercial real estate company CRC's report reveals plans for...

In a remarkable feat, Qatar's real estate market has witnessed an impressive surge, with trading volumes exceeding a substantial $87.08 million within a mere three days. This swift acceleration in real estate transactions showcases the dynamism and vitality of Qatar's property sector. Read this : Dubai Continues to Spearhead GCC Real Estate Market in 2024: Kamco Invest Report The robust performance...

In a recent conversation with The Peninsula, a prominent official revealed that the demand for both residential and commercial real estate in Qatar continues to surge, indicating a robust and dynamic market. Abdul Rahman Al Najjar, CEO of Kate Real Estate Group, highlighted the noteworthy demand in both residential and commercial sectors, driven by the abundance of available apartments and residential...