A significant number of newly arrived residents in Dubai, particularly those in their 20s or early 30s, are increasingly opting for co-living spaces as their preferred choice of accommodation. Market sources indicate a growing trend towards co-living rentals, with lease rates showing signs of stabilization in response to this heightened demand. Read this also : Dubai International Airport Tops List as...

The Abu Dhabi Real Estate Centre (ADREC) has revealed a historic milestone, reporting record-breaking real estate transactions totaling AED87.1 billion ($23.7 billion) in Abu Dhabi last year. According to the Department of Municipalities and Transport (DMT), the value of buying and selling activities skyrocketed by an impressive 159.5 percent, reaching AED61 billion ($16.6 billion) compared to...

Dar Global, a leading luxury international real estate developer, has unveiled its audited full-year financial results for the period ending December 31, 2023. The company reported record-breaking revenues of $360.6 million (Dh1.32 billion), accompanied by a robust gross profit margin of 41%, totaling $146.4 million (Dh537 million). Read More : UAE Real Estate Yields Expected to Remain Strong:...

A recent report released on Wednesday reveals that prime residential real estate in the United Arab Emirates is poised to yield between 6.25% and 7%. According to CBRE Research’s 2024 Market Outlook for Middle East real estate, residential properties are projected to yield between 7% and 7.5%. Within the office sector, the anticipated yields for prime offices range from 6.5%...

Dubai, with its breathtaking skyline and reputation for luxury, has long been a magnet for property investors. The allure of sky-high yields and attractive tax benefits makes it a compelling destination for those seeking lucrative real estate opportunities. But is it truly worth buying property in Dubai now? Let's delve into the details to find out. Key Areas and Developments to Target: Dubai boasts a...

Dubai, known for its iconic skyline, luxurious lifestyle, and dynamic economy, has long been a magnet for real estate investors worldwide. But is the real estate market truly booming in Dubai? Let's delve into the current state of affairs. Click Here to Read More : Dubai Prime Property Sector Set for Robust Price Surge in 2024 1. Surging Demand: Dubai's real estate market is experiencing a surge in...

Following a remarkable surge in 2023, Dubai's prime residential values are poised for continued growth in 2024, ranking third globally with a projected 5.0% increase, according to Knight Frank. With an impressive 16% rise in 2023, building on a previous 44.4% surge, Dubai's prime property market remains a strong contender in the global landscape. Click Here to Read More : ROSHN Group Launches Sales of...

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...

Market analysts at Mordor Intelligence forecast a promising trajectory for Qatar's residential real estate market, estimating its value to reach $4.28 billion by 2024, with a projected compound annual growth rate (CAGR) of 6.24% over the subsequent five years. The industry encountered setbacks amid the global pandemic, leading to delays and cancellations of residential projects. However, Qatar's robust...

Dubizzle's highly anticipated Dubai Annual Property Market Report reveals a staggering 66% increase in rents within the Dubai real estate market, defying global trends. The report, based on primary data collected throughout 2023, showcases significant trends and robust demand, supported by high rental yields and favorable economic conditions in the UAE. Read Here More : Aldar Properties Reports 40%...