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...
DAMAC Properties, a real estate developer in Dubai, has announced the opening of DAMAC Sun City, its sixth master community. Located in Dubailand, the new development promises wellness-focused living, nature, and modern luxury, benefitting physical, mental, and overall resident well-being. Mohammed Tahaineh, General Manager of Projects at DAMAC, said: “These are exciting times for us at DAMAC...
Discover the ins and outs of off-plan property investment in the UAE. Learn why it's a game-changer in Dubai's booming real estate market, and how to maximize your investment potential.
Discover why investing in off-plan properties in Dubai offers unparalleled benefits. Learn how this dynamic market can lead to substantial returns and strategic advantages.
Dubai's off-plan property market has established a new record in Q2 of 2024, with 25,466 transactions totaling over AED52 bn, a statement by Betterhomes said. This symbolizes an 81% growth compared to the previous year's period.Strong Growth Across Property TypesVillas saw a 44% year-on-year rise in transactions and a 76% increase in value. Off-plan apartments dominated the market with an 86% year-on-year...