The annual rental yield for properties in the UAE has reached approximately 8%, coinciding with the UAE's rise to the top of preferred real estate investment destinations in the Middle East, Invest-Gate reports.
Five areas claimed nearly half the total value of Dubai's local real estate market sales, comprising 24.8% amounting to a staggering AED99.7 bn across 35,480 transactions, within the overall sector sales in 2023, ...
Dubai's real estate market has witnessed a staggering surge in transactions in 2023, crossing the half-trillion-dirham mark at AED554.7 bn, Invest-Gate reports.
A Bloomberg report has confirmed that Dubai's real estate market outperformed global markets in 2023 due to high demand, particularly from wealthy individuals seeking to relocate to Dubai, Invest-Gate reports.
Indian investors have injected over AED1.23 bn into Dubai's real estate market in H1 of 2023, Invest-Gate reports.
In Dubai, rental prices surged by 10% by the end of November 2023, marking a significant increase in the real estate landscape, Invest-Gate reports.
According to data from the Dubai Land Department, Dubai's annual real estate sales in 2023 are expected to surpass AED 400 bn for the first time ever, setting a new record value, Invest-Gate reports.
Commercial real estate sales (including offices and shops) in Dubai have soared by 46.3% in the first 11 months of this year compared to the same period last year, Invest-Gate reports.
During the current week, the Dubai Land Department witnessed real estate transactions amounting to over AED 12.9 bn, Invest-Gate reports.
Dubai's real estate market witnessed a significant transaction, Invest-Gate reports.
