In the first quarter of 2024, the demand for ready properties surged in the United Arab Emirates, driven by an increasing number of tenants opting for ownership over rising rentals. Unlike the first quarter of 2023, which witnessed a surge in off-plan transactions, the first quarter of 2024 saw robust demand for existing projects in both Dubai and Abu Dhabi, according to data released by Property...

Amid a year marked by substantial growth, estimated between 23–30%, the upscale residential rental landscape in Dubai is poised for another significant upswing, with expectations of a 20% increase in 2024. Experts attribute this projected surge to various factors, including Dubai's growing allure as a haven for the affluent, heightened investor interest, an influx of professionals, and a surging...