DAMAC Island, the most affordable among the six, reported an average price of Dhs823 per square foot and a robust rental yield of 7.38 per cent
Initiatives such as the Golden Visa and the 10-year investor visa have bolstered buyer confidence by offering long-term security
From the mass market to the luxury segment, buyers today are more informed and more focused on long-term value than ever before
New investors contributed significantly to this growth, with 59,075 first-time participants entering the market
While apartments remained a significant segment, the villa market emerged as a standout performer
This achievement underscores the company’s commitment to excellence, and luxury living, with flagship developments driving its success
For residents of Dubai’s Damac Hills, Dubailand and Al Barsha the rental increases were particularly severe, according to the 2023 Annual Property Rental Market Report released by online marketplace dubizzle
The property developer’s net profit reached Dhs56.4m in the first three months of 2023 from Dhs25m in the same period last year
Matthew Gregory, head of property sales at dubizzle Property, looks ahead to 2021 and the impact of Expo 2020 on Dubai’s property market
Prices are expected to drop next year on the back of growing residential supply
Chairman of developer Sobha asserts that market still seeing demand
Gulf Business lists the top nine property growers, including Arabian Ranches, The Springs and Palm Jumeirah.
Dubai Property oversupply is vanishing fast, says Peter Cooper, editor of Arabianmoney.net
Residents can now complete residential and commercial tenancy contract registration at select post offices.