Dubai property market will not see oversupply over the next 4-5 years due to high demand

Dubai property market is unlikely to experience an oversupply over the next four to five years, even with numerous launches in recent years, as high demand is expected to absorb the new supply. Rizwan Sajan, founder and chairman of Danube Properties, said there is a large amount of supply which will come to the market, but similarly, the number of investors which are coming to Dubai are very...

7 reasons to invest in off-plan properties in Dubai today

Variety, affordability and high capital appreciation are some of the reasons that make the Dubai property market attractive to buyers According to a recent report, Dubai’s off-plan property market has reached a record high, with 25,466 property transactions worth over AED52 billion ($14.16 billion) carried out in 2024. This report highlights the popularity of off-plan properties in Dubai, an...

UAE set to welcome even more millionaires as wealthy individuals abandon the UK

The United Arab Emirates is on track to be the world’s top wealth magnet for the third year running, according to the Henley Private Wealth Migration Report. At the same time, the U.K. – already the source of many of the UAE’s expatriates – is projected to see its millionaire population drop by 17% by 2028, according to Swiss bank UBS. High-net worth individuals are in many cases voting...

Dubai real estate: Property developer 25 Degrees sets new record with $17mn villa sale

The 5,800-square-foot private beach Dubai villa was completed in January 2024 25 Degrees, a Dubai-based property developer, has announced the sale of a villa on Palm Jumeirah for $17 million (AED 62 million), setting a new record for a renovated Garden Home on the artificial island. The 5,800-square-foot private beach villa was completed in January 2024. This transaction highlights the growing...

Dubai real estate market continues strong growth in Q2 2024

Villa prices saw particularly strong growth, with capital values increasing by 33.4 percent year-on-year, a new ValuStrat real estate report for Q2 2024 finds Dubai’s real estate market demonstrated robust performance in the second quarter of 2024, with significant increases across residential, office, and retail sectors, according to a new ValuStrat real estate report for Q2 2024. Villa prices...

Dubai housing authority announces drone, AI tech adoption for smart projects

This initiative aligns with Dubai’s goal to become the world’s smartest city Dubai’s Mohammed Bin Rashid Housing Establishment has announced the use of drone and artificial intelligence technologies in its housing projects. The move aims to improve innovation and sustainability in the housing sector. The establishment is working with global companies to ensure drone and AI solutions meet...

JVC vs JLT: How much Dubai real estate can you buy with $1m?

As Dubai’s real estate market evolves, investors have diverse property options, from off-plan to townhouses, with Jumeirah Village Circle and Jumeirah Lakes Towers offering contrasting returns on a $1 million budget As Dubai’s real estate market continues to evolve, there are several property offerings in the city for those looking to invest, ranging from off-plan properties to townhouses,...

Revealed: Inside the expansion of The Valley by Emaar ‘Dubai’s first true suburb’

Phase Two of The Valley by Emaar will feature expansive homes of 3-5 bedrooms, starting from AED2.7 million upwards Emaar Properties, one of the UAE’s leading property developers, has unveiled plans for The Valley Phase Two, thus expanding Dubai’s “first true suburb”. This master development since its launch in 2019 has marked a shift in Dubai’s real estate sector, introducing a suburban...

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