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News

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"Dubai Real Estate Sector Records $27.8 Billion in Summer 2023 Sales Surge"

Dubai's real estate sector witnessed a significant sales increase during the summer season, with AED 102 billion ($27.8 billion) in sales, according to data from W Capital. The summer sales figure represents a 50% increase...

"Ultra-Rich Russian and Chinese Investors Flock to Dubai Luxury Real Estate"

Dubai's luxury real estate market is witnessing significant investments from wealthy Russian and Chinese individuals seeking financial security amidst geopolitical tensions. High yields and a safe haven for capital are attracting these ultra-rich investors to...

"Dubai Real Estate Slows: Off-Plan Sales Drop 41.5% in September"

Dubai's residential real estate market faces a slowdown as off-plan sales plummet by 41.5% in September 2023, while secondary market sales rise by 30.5%. Despite the dip, the year-to-date transaction volumes reach record highs.

"Demand Surges: Dubai's Commercial Property Market Thrives in Q3 2023"

Dubai's commercial real estate sector experiences a 22% surge in transactions during Q3 2023. The office sector sees a notable uptick, while retail faces challenges due to evolving consumer preferences and e-commerce influence.