Market Resilience

Rise in Luxury Property Prices in Dubai and Manila Defies Global Trends: Knight Frank Report

Rise in Luxury Property Prices in Dubai and Manila Defies Global Trends: Knight Frank Report

Knight Frank's latest report highlights a notable trend in the luxury residential property market, with prices continuing to rise in 2023 despite declining trends in other major cities like New York and London. According to the report released on Wednesday, luxury property prices globally experienced a 3.1% increase, fueled by double-digit gains in cities such as Manila and Dubai, which offset declines...

Dubai Real Estate Market Surpasses AED 1.8 Billion in Transactions on January 16

Dubai Real Estate Market Surpasses AED 1.8 Billion in Transactions on January 16

In a recent update from Dubai's Land Department (DLD), the real estate sector showcased robust activity on January 16, witnessing a total of 525 sales transactions valued at AED 1.54 billion. The day also saw 127 mortgage deals amounting to AED 226.51 million and 19 gift deals totaling AED 89.9 million. Reas this also : Surge in Demand: Dubai’s $10 Million Plus Homes Market...

Dubai Continues to Spearhead GCC Real Estate Market in 2024: Kamco Invest Report

Dubai Continues to Spearhead GCC Real Estate Market in 2024: Kamco Invest Report

Dubai is poised to maintain its dominant position in the GCC real estate market throughout 2024, building on a stellar performance that accounted for over half of the GCC's transactions valued at $171.6 billion in 2023, according to realty analysts. The strategic insights provided by Kamco Invest underline the strength of Dubai's real estate sector, projecting a sustained leadership role in the...

Dubai Real Estate Market Update: Transactions Soar to AED 8.2 Billion in October

Dubai Real Estate Market Update: Transactions Soar to AED 8.2 Billion in October

In the ever-vibrant Dubai real estate market, the week ending October 20, 2023, brought with it a flurry of activity. The Dubai Land Department (DLD) reported a staggering total of 1,524 property transactions, collectively valued at AED 8.2 billion. This not only underscores the resilience of the market but also indicates a robust appetite for property investment in the Emirate. Diverse Transactions...

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