Dubai real estate market is experiencing a significant surge in short term rentals, marking a 30% increase in demand compared to the previous year. This trend is rapidly transforming the local real estate landscape, offering remarkable returns for property owners while providing visitors with flexible and appealing accommodation options. This boom is particularly enticing for investors, with returns...
In the first half of 2024, Abu Dhabi's real estate sector experienced a remarkable 225% surge in foreign direct investment (FDI), underscoring its growing appeal as a global investment hub. During this period, the emirate attracted AED 3.28 billion in real estate investments, with 971 individual investors from 75 different countries contributing to this growth. The first half of 2024 has proven to be a...
The Dubai Off-Plan Property Market has seen a remarkable surge, reaching AED 103.8 billion in sales transactions in the first half of 2024. This growth reflects robust investor interest and a thriving market, driven by high demand and limited supply. According to the latest report by Bayut, the Dubai Off-Plan Property Market has experienced unprecedented growth, with luxury high-rise projects and...
Dubai real estate sector has witnessed a significant surge in supply, with 10,000 new properties entering the market in Q1 2024, according to Asteco's latest report. Despite this increase, the market remains resilient, showing strong signs of progress. Dubai Real Estate Resilience Dubai’s robust economic performance and dedication to improving living standards continue to draw a considerable...
The Abu Dhabi real estate market is experiencing an unprecedented boom. Last year, real estate transactions reached a record AED87.1bn ($23.7bn), according to the Abu Dhabi Real Estate Centre (ADREC). The value of buying and selling activities surged by 159.5 per cent compared to 2022, reaching AED61bn ($16.6bn). Record-Breaking Growth The Abu Dhabi real estate market saw a major increase in...
The International Real Estate Community Management Summit (IRECMS) Dubai 2023 is an event that every real estate professional should have on their radar. This global event series is committed to raising the benchmark of real estate management around the world. In this blog, we’ll take a closer look at what to expect from IRECMS Dubai 2023. Event Details After the previous year’s success, IRECMS...
Ras Al Khaimah (RAK), a hidden gem in the United Arab Emirates (UAE), is witnessing a significant boost in its real estate sector. With areas like Mina Al Arab, Al Marjan Island, and Al Hamra Village leading the way, Ras Al Khaimah is set to become a major player in the property investment market of the UAE. Al Marjan Island, the Investment Magnet of Ras Al Khaimah A paradise extending 4.5km into...
The Roads and Transport Authority (RTA) of Dubai has announced a multi-billion-dollar expansion of the Dubai Metro with the introduction of the Blue Line. This ambitious project is set to revolutionize not just the city’s transportation landscape, but also its real estate industry. Blue Line Project Overview: The Blue Line is a significant addition to the Dubai Metro network, connecting...
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