Category: UAE
Dubai’s real estate sector rises in H1 of 2024 – MENAFN.COM
Date 7/17/2024 5:56:49 AM (MENAFN) Dubai’s Real estate sector has experienced remarkable expansion throughout the first half of 2024, driven by multiple factors that underscore robust demand and heightened confidence among investors and tenants alike. Key drivers of this growth include investor-friendly policies, a tax-free environment, and substantial infrastructure developments such as the new airport, metro expansions, and the Etihad Rail. These initiatives have spurred interest in surrounding areas and bolstered enthusiasm for upcoming projects. The market has also benefited from a surge in new residents and ongoing construction of…
Read MoreDubai offices see surge in pre-commitment as Indian, Chinese European firms expand to UAE – Khaleej Times
Published: Wed 17 Jul 2024, 11:35 AM The office sector in Dubai’s real estate market is experiencing a significant uptick in pre-commitments for the first time as UAE has emerged as a preferred destination for corporates to expand their footprint in the region. Industry executives say that Grade A office space in Dubai is operating at over 95 per cent occupancy level, with demand mainly coming from Indian, Chinese and European firms alongside existing corporations expanding their operations. “Pre-committing space across under-construction projects has increased across most micro-markets. While it…
Read MoreDubai Real Estate Market Defies Expectations with Surge in Transactions – MENAFN.COM
(MENAFNEditorial) Engel & Völkers Middle East, known for its residential and commercial Real estate services in the premium segment, has released its latest market report for June, highlighting the ongoing resilience and growth of Dubai’s real estate market. Despite a pullback from May’s record-breaking performance, June saw a substantial increase in residential transactions, while the commercial market demonstrated strong underlying strength and resilience. “Our June report underscores the dynamic and resilient nature of Dubai’s real estate market; the ongoing growth in both residential and commercial sectors reflects the city’s strong…
Read MoreExploring Dubai Properties: Options for US Buyers and Investors – KahawaTungu
Dubai has become an appealing destination for foreign property buyers and investors as the real estate market worldwide changes. The city offers special opportunities for those wishing to diversify their portfolios or locate a new residence overseas because of its strong economy, tax-free environment, and world-class infrastructure. We will look at the current situation of the Dubai property market in this article along with important factors for US purchasers and investors drawn to this exciting global hub. Dubai Real Estate Market in First Half of 2024 Unlike early forecasts of…
Read MoreDubai Property Market soars in H1 2024, defying slowdown concerns – Aviamost
Bayut, the leading property portal in the UAE, has released insights into the most searched areas in Dubai’s real estate sector for the first half of this year. Following what looked like post-New Year stability in early Q1 2024, property prices in Dubai’s most searched-for areas have risen again, countering any speculations of a slowdown. Despite the ongoing increase in property prices, Dubai remains highly affordable compared to other luxury real estate destinations worldwide, making it an attractive option for new and institutional investors, solidifying the city’s position as a…
Read MoreBLUEWATERS ISLAND TOPS THE SALES GROWTH LIST FOR REAL ESTATE IN DUBAI – Puerto Vallarta Daily News
The price of a real estate in Dubai is what makes lots of people buy it. Investment properties in Bluewaters Island, Akoya Oxygen and Emaar Beachfront offer the luxury real estate at an affordable price. Let’s have a look how the prices have changed over the 2022. Another increase in prices for luxury housing Luxury housing is a separate sector of real estate in Dubai, which operates according to its own laws. Previously, experts argued that the demand for luxury properties in 2021 was almost a record. This factor, of course,…
Read MoreUAE Realty Awards 2024 honours excellence in real estate – Khaleej Times
Published: Tue 16 Jul 2024, 5:16 PM The UAE Realty Awards 2024, hosted by Finance World Magazine, took place on July 6 at the iconic Atlantis the Palm, Dubai, celebrating the most significant achievements in the UAE real estate market. Widely regarded as the premier real estate award in the UAE, this event honoured the outstanding contributions of industry pioneers and innovators, bringing together the crème de la crème of the real estate world. The evening was marked by an atmosphere of celebration and networking among distinguished guests, industry leaders,…
Read MoreUnion Coop expands product range and enhances market competitiveness – Khaleej Times
Union Coop currently encompasses over 55,000 local and international products and brands. Published: Tue 16 Jul 2024, 11:55 AM Dr Suhail Al Bastaki, chief community relations officer at Union Coop, reaffirmed the organisation’s steadfast commitment to providing high-quality products that meet global standards. Union Coop continues to expand its presence in the Dubai local markets and increase its range of products bearing the “Union” label, as well as regional and international brands. This expansion aims to keep pace with the growing product demand and enhance Union Coop’s competitiveness in the…
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