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26.10.20217012The areas located close to the event site will witness substantial rental prices and demand growth. The Dubai rental market saw an upward trend in Q3, 2021. Rentals increased by almost 14 percent in affordable housing and up to 30 percent in luxury housing in certain areas. This trend is expected to continue throughout the fourth quarter with the...
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25.10.20216930The total number of mortgages registered in Dubai during the first three quarters of the year already exceeds the total number registered in the whole of 2020. The mortgage market in Dubai has shown an exponential growth in the first three quarters of 2021, increasing by 68 percent compared to last year and 71 percent compared to 2019. Latest...
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24.10.20217568Over the last twelve months, much of the activity has been focused on villas and townhouses. Dubai's COVID-19 response and business-friendly environment continued to positively affect the real estate market in Q3 2021 that witnessed plenty of domestic and international demand. New investors and residents were and still are attracted in Dubai by...
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23.10.20217087The number of buyer occupiers has dropped, the number of investors has increased. At the moment Dubai’s real estate market is driven by investors who are interested in benefiting from high return on investment (ROI) and rising rents. Last year after the pandemic restrictions had been eased, the sales transactions were dominated by future home...
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22.10.20217113A great number of new buyers will discover Dubai's real estate and relative affordability during the exhibition. Housing prices in Dubai are still shy of one-fourth of their 2014 levels during the previous market cycle peak. However, Expo 2020 is definitely accelerating recovery in the sector as its positive impact becomes more visible in Q4 2021...
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21.10.2021699856 percent of all September sales were for secondary/ready properties, while 44 percent accounted for off-plan properties. In the months leading up to the start of the global event Expo 2020, an exceptional growth in real estate sales transactions in terms of volume and value was seen in Dubai. But the greatest results were achieved in September...
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20.10.20216907About 2,000 high-net-worth individuals relocated to Dubai in the first six months of 2021. A huge influx of millionaires in Dubai has played an important part in the residential property market boom, witnessed in the emirate recently. Since 2020 several ultra-high-net-worth individuals has purchased USD 8 million plus apartments and villas in...
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19.10.20216955Real estate’s overall recovery is still a long way off, according to S&P Global Ratings. Real estate prices in Dubai have rebounded strongly from record low levels at the end of 2020, though demand is still uneven. And due to oversupply of residential properties prices will be under pressure in the long run, which makes the recovery of the...
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18.10.20217322According to a new research, up to 50% sales growth on a quarterly basis from October to December is expected in the villa segment. During the fourth quarter of 2021 Dubai's real estate sector is expected to grow driven strongly by villa sales. And as new research data show, consumer and investor sentiments continue to rise against a backdrop of...
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17.10.20217359According to the latest data, the value of off-plan sales transactions in the third quarter rose by 47.11 percent. Dubai’s off-plan property market is witnessing a V-shaped recovery due to renewed investor confidence. And, as property analysts believe, this trend will continue in the coming months. Demand for off-plan property has started to grow...
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