Dubai’s Off-Plan Residential Property Prices Expected to Surge by 15% in second half of 2024
Dubai’s off-plan residential property market is set for a substantial price surge in the second half of 2024, with industry experts projecting an increase of up to 15 percent. This anticipated rise is attributed to escalating construction costs and a…
Dubai Real Estate: A Market in Transition
The Dubai real estate market is entering a new phase of stability. Instead of launching new projects, developers are focusing on delivering existing ones. This year, developers are set to complete 42,241 units, including 31,341 apartments, 9,909 villas and townhouses,…
Dubai’s Real Estate Transactions Surge 35.7% to $33.5 Billion in Q2 2024
Dubai’s real estate market has shown remarkable growth, with total transaction value reaching AED123 billion ($33.48 billion) in Q2 2024, marking a 35.70% increase compared to Q2 2023. The total transaction volume also saw a significant rise, with 48,220 transactions…
Sharjah Real Estate: Freehold Law Changes and Luxury Communities Drive 13% Value Increase
Sharjah’s real estate market is witnessing a substantial upturn, marked by a 13% increase in property values in 2023. This growth is driven by regulatory changes and the introduction of high-end integrated communities, according to ARADA, a leading UAE property…
Dubai Real Estate: Top Off-Plan Investment Areas Revealed by Property Experts
The Dubai real estate market is currently experiencing an unprecedented boom in off-plan property sales. Experts have identified the top-performing areas in Q2 2024, signaling promising investment opportunities. A recent report by property specialist Haus & Haus highlights the remarkable…
Dubai Real Estate Market Update: Over 290,000 Residential Units Under Construction
The latest Q2 2024 Dubai Residential Real Estate Market Report by Real Trust UAE reveals a substantial pipeline of new residential units in Dubai, with over 297,000 currently under construction. This figure represents 55 percent of the existing residential property…
Here is how RERA’s new rent index changed Dubai property dynamics
The Dubai real estate market has been exceptionally active in 2024, despite facing several challenges. The first six months of the year have been particularly transformative, not only for the market but for the entire real estate industry. Key updates…
The Ultimate Guide to Selling Your Property in Dubai
Selling a property in Dubai can be a smooth and profitable experience if you follow the right steps. This guide will walk you through each stage of the selling process to ensure you get the best value for your property.…
Understanding Your Legal Rights for Off-Plan Property Delays in the UAE
Purchasing off-plan property in the UAE can be an attractive investment, but risks include potential delays and financial uncertainty. Fortunately, the UAE legal system provides several safeguards to protect buyers’ rights in these scenarios. Here’s what you need to know.…
DEWA Tariff Calculator for Budgeting Utility Bills in Dubai Made Easy
Are you struggling to estimate how much you should allocate for utility bills each month in Dubai? Worried about unexpected spikes in electricity or water costs? The Dubai Electricity and Water Authority (DEWA) offers a convenient solution through its tariff…