Property prices in the emirate saw a 1.6 per cent monthly increase and a 24.7 per cent rise since May last year, led by villas, said one expert Dubai property prices increased 8 per cent in the first five months of this year, said Haider Tuaima, managing director and head of real estate research at ValuStrat. However, prices will see a moderation in growth rather than a decrease in value over the...
Growing number of residents are transitioning from renting to buying Tower in Downtown Dubai. The city recorded more than Dh430 billion worth of real estate transactions in 2024.. Photo: Supplied photo The sweltering summer months in Dubai are not cooling off the city’s red-hot real estate market. In fact, new data confirms that summer has become the busiest time of year for property sales...
The firm’s growth has been particularly notable over the past year, with a major uptick in transactions driven by internal restructuring and digital expansion Tesla Properties, a relatively new entrant in Dubai’s real estate market, has rapidly gained prominence by achieving nearly Dh1 billion in property sales since its inception in 2021. The company’s swift ascent is attributed to a combination...
Following the delivery of 30,000 units in 2024, the Dubai property market is projected to see 210,000 new units coming into the market in two years Rents will remain under pressure in Dubai in 2025 and 2026 due to the massive supply of over 200,000 units hitting the market and testing the absorption of the local property market, according to Fitch Ratings. “Rent prices in most areas showed signs...
The listing marks a significant milestone for Dubai’s capital markets Malek Al Malek, group chief executive officer of Dubai Holding Asset Management and chairman of the investment committee of DHAM Reit Management LLC, and Nabil Ramadhan, chief strategy and marketing officer at Dubai Holding Asset Management and Chairman of the Board of Dubai Residential Reit, rang the market-opening bell at DFM,...
In Dubai, Chinese investors accounted for approximately 8% of foreign real estate investment in 2024 In Dubai, luxury property transactions averaged $743,000 in Q1 2025.. Photos by File photo Dubai’s real estate market is experiencing a surge in interest from Chinese and Hong Kong investors, drawn by the emirate’s strong economic fundamentals, investor-friendly policies, and high-yield...
Dubai’s property market has always thrived on bold moves, but AI is proving to be its most transformative force yet Dubai’s property market, long an epitome of architectural marvels and reimagined luxury, is undergoing a seismic shift, not through towering skyscrapers or sprawling waterfront estates, but through the quiet power of Artificial Intelligence (AI). From chatbots that...
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