MarketInsights

Dubai Real Estate Market Soars with Dh35.4 Billion January 2024 Sales

Dubai Real Estate Market Soars with Dh35.4 Billion January 2024 Sales

Dubai's real estate sector has ignited the new year with a bang, boasting a record-breaking Dh35.4 billion in sales for January 2024. This impressive achievement signals a robust trajectory for the industry, driven by escalating demand for off-plan properties and sustained momentum from the preceding year. Read this also : Simplify Your Bill Payments: A Guide to Setting Up Autopay for Utility Bills in...

Dubai Real Estate Achieves AED 3 Billion in Transactions on Tuesday, DLD Reports

Dubai Real Estate Achieves AED 3 Billion in Transactions on Tuesday, DLD Reports

As per the latest data released by the Dubai Land Department (DLD), Tuesday witnessed a robust performance in the Dubai real estate market, with a staggering 530 sales transactions amounting to AED 2.35 billion. In addition to these sales, the day recorded 135 mortgage deals totaling AED 564.27 million and 55 gift deals with a combined worth of AED 180.68 million. Read this also : Abu Dhabi Office Sales...

Shifting Dynamics: Surge in End-User Buyers Reshaping Dubai Real Estate

Shifting Dynamics: Surge in End-User Buyers Reshaping Dubai Real Estate

The landscape of Dubai's real estate market witnessed a notable shift in 2023, with the percentage of end-user buyers rising from 38% to 44%, according to the latest report released by Betterhomes on Thursday. Dubai recorded a staggering 120,742 residential sales transactions in the fiscal year 2023, marking a remarkable 38% increase compared to the previous record set in 2022 at 87,454 transactions....

Dubai and Abu Dhabi Real Estate Markets Soar to Unprecedented Heights in 2023

Dubai and Abu Dhabi Real Estate Markets Soar to Unprecedented Heights in 2023

In a stellar performance, the real estate markets of Dubai and Abu Dhabi reached a combined value of $124 billion (455.7 billion AED) in 2023, breaking records and showcasing the resilience of the UAE property sector. These insights, revealed in a recent study by Property Finder, illuminate the dynamic growth trajectory that both cities experienced, driven notably by a robust off-plan market. Read this...

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