UAE’s Real Estate Market to Maintain Stability in 2023
In 2023, almost 100,000 sqm of office floor space is expected to be delivered in Dubai and over 35,000 sqm are set to be delivered in Abu Dhabi.
In 2023, almost 100,000 sqm of office floor space is expected to be delivered in Dubai and over 35,000 sqm are set to be delivered in Abu Dhabi.
“Dubai’s real estate market has long attracted diverse international buyers. This trend has become more prominent in recent years as more people started seeing Dubai as a safe haven, offering security, lifestyle, ...
A total of 350 real estate projects are currently underway in Dubai.
Luxury communities in Dubai, including Emirates Hills, Jumeirah Bay Island, and Palm Jumeirah, surge 44% YoY in 2022.
The exhibition, being held under the auspices of the Dubai Land Department, will take place from February 12th to 14th.
As of December 2022, Dubai’s average apartment prices registers AED 1,168 per sq ft, and average villa prices hits AED 1,385 per sq ft.
A total of 94 apartments are sold in the tower in 2022 with a value of AED 477 mn, according to data released by UK’s real estate agency Knight Frank.
The market records 20,539 transactions with a value of AED 55.5 bn in the first quarter of 2022.
Prices in Palm Jumeirah soar 59% while prices in the Trade Center First skyrocket 210%.
Nakheel Developments announces its preparation to open its 1st branch outside the Egyptian real estate market, at "Time Oak Hotels & Suites" Hotel in Dubai, Invest-Gate reports.