New Launch Announcement Expo City Dubai has launched the first phase of Sidr Residences, a new three-tower development of one- to four-bedroom apartments priced from AED1.88m ($512,000) and ready to move in by 2027. Project Background After Mangrove Residences and Sky Residences sold out earlier this year, Expo City's third residential apartment complex, Sidr Residences, gives prospective homeowners and...
Industry players predict that 2025 will be another excellent year for investors and house owners in Dubai. Rentals are predicted to see an average jump of 18% for short-term and upwards of 13% for long-term leases. The anticipated increase in rentals next year is attributed to the ongoing boom in professionals from all over the world relocating to Dubai for jobs and lifestyle, as well as the emirate's...
According to the latest data from the Land Department, the Dubai real estate sector achieved AED16.92bn ($4.6bn) in transactions last week. According to Land Department data, sales dominated the figures, with AED10.59bn ($2.9bn). In total, there were 3,772 sales transactions recorded between October 28 and November 1. Dubai real estate this week Among the top sales transactions listed on the Land...
Transaction Volume and Value The first 9 months of 2024 saw a 47% rise in Sharjah's real estate transaction volume over the previous year. With 69,078 transactions overall, the value of these transactions totaled Dh28 billion, representing a 16.5% increase over the same period the year before. International Investment Profile Sharjah real estate has attracted 114 different nationalities in the same time...
Property prices and rents in Dubai will remain stable over the next 18 months and could decline afterward due to increasing supply following many new project launches after the pandemic, analysts at S&P Global on Monday. A note issued by the international ratings agency said that Dubai's property market will remain resilient, and there has been no impact of the regional geopolitical conflict on the...
According to figures from the Land Department, the Dubai real estate market saw transactions totaling more than AED19 billion ($5.2 billion) last week.According to Land Department data, sales dominated the figures, with AED12.48bn ($3.3bn).Between September 23 and September 27, 4,609 sales transactions were registered.Dubai real estate this weekAmong the top sales transactions listed on the Land Department...
Out of all the major cities in the world, Dubai's property market is expected to develop at the fastest rate this year; nevertheless, the high level of new supply may cause a mild correction in the near run.According to UBS Global Real Estate Bubble Index 2024 released on Tuesday, Dubai's score has increased from 0.14 in 2023 to 0.64 this year. Meanwhile, the emirate's ranking in the index has risen from...
The Rise of Branded Residences in DubaiMarket analysts said that Dubai's realty sector is witnessing a sharp increase in branded residential developments, reflecting not only the growing demand for luxury living but also the willingness of buyers to pay a gratuity for the exclusivity that arrives with a branded residence.More than 120 branded developments in Dubai this year, a sharp increase from just 69...
Dubai’s real estate market has stabilized following significant price increases in off-plan properties during 2023, according to a report by Better Homes.The market witnessed a spike in off-plan property prices over the last year, driven by high demand and limited supply in critical areas.Prices in high-demand locations such as Dubai Hills Estate, Business Bay, and Jumeirah Village Circle surged 15-30...
Nadd Al Hamar is one of Dubai's quieter residential areas, offering a serene and peaceful environment away from the hustle and bustle of the city. While it might not be as widely known as other parts of Dubai, it boasts a charm that makes it a hidden gem for families, professionals, and investors alike. In this article, we'll explore everything about Nadd Al Hamar – from its residential appeal to the...