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Tag: property

Posted on 13/03/2025

Abu Dhabi’s residential sale prices and rents surged in 2024 amid high demand

Abu Dhabi’s residential sale prices and rents rose last year amid higher demand and a supply shortage in the emirate, according to a report. Home sale prices increased by 11 per cent annually in 2024, …

Posted on 13/03/2025

Abu Dhabi real estate hits record highs as demand outpaces supply

Abu Dhabi’s office sector had one of its strongest years on record. Prime offices were nearly full, with citywide occupancy reaching 89%. Limited availability fueled an 11% jump in rents, with most …

Posted on 12/03/2025

Taj parent Indian Hotels opens new property in UAE in partnership with realty firm Bricks N Woods

Taj Hotels patent The Indian Hotels Company has signed its first Taj Wellington Mews at Al Marjan Island, Ras Al Khaimah (UAE), in partnership with Bricks N Woods Developments.

Posted on 12/03/2025

Securing Your Dream Home: A Comprehensive Guide to Buying and Insuring Your Apartment in Dubai, 2025

Dubai’s actual property market is nevertheless growing, with flat costs growing through 19% in November 2024, attracting buyers. Starting January 1, 2025, insurance plan fees will go up; …

Posted on 10/03/2025

Dubai’s residential property prices see slowest gain in 20 months

Dubai’s residential property prices witnessed the slowest gains in 20 months in February, as deliveries rise and the market matures, data showed on Monday. The ValuStrat Price Index (VPI) saw its …

Posted on 10/03/2025

Abu Dhabi Royal’s Firm Is Said to Seek Buyers for Cooling Unit

Abu Dhabi-based Multiply Group PJSC is considering selling its district cooling division, as it looks to capitalize on the construction boom in the United Arab Emirates. Most Read from BloombergNJ …

Posted on 10/03/2025

New global wealth inflows are reshaping the UAE property market

The UAE’s luxury real estate sector is being reshaped by global investment inflows driven by high returns, tax benefits, and a surge in UHNWIs, with Dubai leading the transformation …

Posted on 10/03/2025

Dubai property: Firms moving to these locations due to shortage of quality office space

Businesses are relocating from Dubai’s central districts to newer locations such as Expo City due to a shortage of high-quality office space, which is witnessing exceptional demand. With supply …

Posted on 07/03/2025

UAE Property: ‘Is the new Dubai rent index more tenant-friendly?’

Question: After the publication of the new Dubai rental index in January, rental values were aligned with market prices. However, a few weeks ago, I noticed a sudden rent drop of 22 per cent for …

Posted on 07/03/2025

DAMAC Properties and ADIB partner to facilitate home ownership for UAE residents

DAMAC Properties has partnered with Abu Dhabi Islamic Bank PJSC (ADIB) to introduce a home financing solution that enables UAE residents to secure financing for off-plan properties once construction …

Posted on 07/03/2025

$90 Million Villa Sale Sets a Record on Dubai’s Jumeirah Bay Island

A custom-built villa on Dubai’s Jumeirah Bay Island has sold for AED 330 million (US$89.85 million), setting a sales record for the seahorse-shaped island. This sale significantly surpasses the …

Posted on 06/03/2025

Property Finder reveals latest data for Dubai’s ongoing growth across off-plan and existing real estate in February 2025

The market continued its upward trend with approximately 16,099 transactions, highlighting a 35% increase compared to February 2024 – with a 55% increase in value from the same time last year …

Posted on 06/03/2025

Dubai villa prices rise to more than Dh2,000 per square foot

The prices of villas in Dubai rose more than 20 per cent last year to Dh2,009 ($547) per square foot, as strong demand for luxury property continued to soar in the emirate amid reduced supply. Villa …

Posted on 06/03/2025

Investing in Dubai: A Look at the Different Types of Residential Properties You Can Purchase

As one of the world’s top tourist destinations, Dubai attracts millions of visitors every year. Travelers from across the globe visit the city to see and …

Posted on 06/03/2025

Dubai real estate prices are at an all-time high, how will property supply impact market this year?

Dubai real estate prices increased by more than 19 per cent last year and are set to climb even further in 2025 …

Posted on 06/03/2025

Dubai: 50% drop in prime real estate listings amid surge in end-user purchases

The number of homes available for sale in Dubai fell 30 per cent while the prime market saw an even higher reduction of over 50 per cent in home listings in 2024 as more end-users bought properties in …

Posted on 05/03/2025

Dubai’s residential property market secures record-breaking 169,000 transactions in 2024

Dubai – Dubai’s residential property market soared to new heights in 2024, with a record-breaking 169,000 sales – an increase of 42% on 2023, says leading real estate advisory and property consultant, …

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