Dubai Real Estate Market Experiences Remarkable Growth: AED 87 Billion in 37 Days From the beginning of summer on June 1st to the preparation of this report, Dubai's property market has achieved impressive sales, surpassing AED 87 billion in just 37 working days. This total comes from 27,100 transactions, averaging AED 2.35 billion in sales and 732 transactions per working day. During this period,...
Ras Al Khaimah (RAK): A Thriving Hub for Real Estate Investment Ras Al Khaimah (RAK) is quickly emerging as one of the UAE's most sought-after real estate destinations. The emirate's unique blend of scenic beauty, economic prosperity, and cultural richness has captured the attention of investors looking for lucrative opportunities in the region. As a growing hotspot for both leisure and investment, Ras...
Asteco's Q2 2024 Dubai Real Estate Report provides valuable insights into the current state of Dubai's property market and its future outlook. Here are the key takeaways: 1. Surge in Supply Dubai's real estate market is set to welcome 25,000 new homes by the end of 2024, signaling continued market growth. This increase is driven by the city’s economic strength and its appeal to...
Dubai's real estate market is set for a major shift in 2025, with projections showing an 18% increase in short-term rental prices and a 13% rise in long-term leases. This expected surge is driven by a strong influx of professionals moving to the emirate, alongside increasing property values and a growing number of new developments. A Growing Rental Market in Dubai As Dubai solidifies its position as...
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