Dubai News

Bayut’s report reveals significant price increases across various segments, driven by high demand and strong ROI. Dubai Real Estate Market Sees Continued Growth in 2024, Highlights Bayut Report Dubai’s real estate market is on an impressive upward trend, as revealed in Bayut's latest detailed report for 2024. This report sheds light on the major developments shaping Dubai’s property sector. Key...

Dubai led the real estate market with AED760.7 billion in transactions from 226,000 deals. UAE Real Estate Market Achieves AED893 Billion in Transactions for 2024 The UAE’s real estate market demonstrated robust performance in 2024, recording a staggering AED893 billion across 331,300 transactions in key emirates, including Abu Dhabi, Dubai, Sharjah, and Ajman. Mortgage activity contributed...

Driven by robust demand, a steady supply of new inventory and Dubai’s growing allure for high-net-worth individuals. Dubai Real Estate Trends 2024: Bayut Highlights the Most-Searched Areas Dubai, UAE – Renowned as the UAE's leading real estate portal, Bayut has released its detailed report on Dubai's most-searched property hotspots for 2024. The findings reveal a steady increase in property values...

Property markets in Abu Dhabi, Dubai, Sharjah, and Ajman witnessed significant activity in transaction volumes over the past year  The UAE Real Estate Sector Continues Its Growth Journey in 2024 The real estate sector in the United Arab Emirates (UAE) demonstrated remarkable growth throughout 2024, driven by a surge in property developments and infrastructure investments. This sustained progress...

Netflix star Daniel Daggers referred to Dubai’s market as a “sweet shop,” stating there would still be growth “but perhaps not in price values” Describing Dubai’s thriving real estate market as both "exciting and intense," renowned property expert Daniel Daggers has advised buyers to tread carefully in one of the world’s most dynamic luxury property landscapes. Widely recognized as "Mr....

Tower has accounted for $2.4 billion of home sales in Dubai since 2010, the highest for any single building in the city. Burj Khalifa: World’s Tallest Building Achieves AED467.1 Million in Home Sales for 2024 The iconic Burj Khalifa, renowned as the tallest building in the world, reported home sales worth an impressive AED467.1 million ($127.17 million) in 2024. This achievement reaffirms Dubai’s...

The Impact of UAE Real Estate Prices on Travel Trends The influence of UAE real estate prices on travel trends is becoming increasingly evident. Although once challenging to foresee, the connection between the two sectors now plays a vital role in shaping regional tourism dynamics. From spurring property investments to enhancing the way tourists experience destinations, rising real estate prices are...

A market report by fäm Properties revealed that Dubai’s real estate market has set a new benchmark with 36% transaction growth, featuring strong performance in both off-plan and ready properties across prime locations. Dubai’s Real Estate Market Hits Record Highs in 2024 Dubai's real estate sector has achieved historic milestones in 2024, reaching unparalleled heights in transaction volumes and sales...

The property market is not merely a sector in Dubai; it’s a cornerstone of the emirate’s economic success. Dubai Real Estate: A Remarkable Journey Towards Global Leadership The year 2024 has been marked by countless reports highlighting Dubai’s astounding growth, record-breaking property transactions, and a significant surge in foreign investment. Positioned as a fierce competitor to established...

System aims to drive transparency and reduce disputes between landlords and tenants. Dubai Introduces New Rental Index with Building Rating System Dubai's latest rental index introduces a rating system for individual buildings, encouraging landlords to renovate or upgrade their properties to justify rent increases. The Dubai Land Department (DLD) unveiled this innovative index, which uses a smart...