Dubai housing boom

Dubai’s new home buyer initiative sparks Dh90-billion property transaction boom

The initiative represents more than a housing policy; it is a structural lever for economic stability, community building, and long-term market resilience Dubai’s property sector, long known for its appeal to global investors and high-net-worth individuals, is now witnessing a structural shift in the wake of the game-changing initiative. According to Dubai Land Department data, Dubai’s property...

Dubai apartments rapidly reaching 11-year price peaks

ValuStrat Price Index gains 1.6% in a month, and 25.3% rise year on year Dubai apartment prices rose by 1.1 per cent monthly, recording an annual growth of 20.9 per cent. More apartment communities in Dubai are rapidly approaching or surpassing their 11-year price peaks, a report showed on Monday. At the same time, villa values have surged to stand 63 per cent above their 2014 highs.  The...

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