Dubai’s population spiked in the first quarter of 2024, driven by an influx of foreign investors and laborers. Compared to the same period last year, the emirate experienced a faster growth rate.
In just nine months since its launch, Dubai’s Burj Binghatti Jacob & Co. Residences has achieved a remarkable milestone, with half of its units already sold. This upscale development, in partnership with Jacob & Co., promises an unmatched living experience, boasting sleek design, luxurious amenities, and breathtaking cityscape views. Upon completion, it will stand as the world’s tallest residential skyscraper, solidifying Dubai’s status as a prime destination for luxury real estate investors.
Read more “Half of Burj Binghatti Jacob & Co. Residences Sold Out!”
In the first quarter of 2024, the Dubai Financial Market (DFM) saw a significant influx of new investors, with brokerage firms opening 26,596 fresh investor accounts. This marks a notable 103% increase from the 13,112 accounts opened during the same period in 2023.
In a bid to boost job opportunities for residents, the Dubai Land Department (DLD) has partnered with nine developers, both private and government-backed, to reserve a portion of their property projects for sale through Emirati brokers.
Read more “Dubai Allocates 15% Property Sales to Emirati Brokers”
La Maison Amal, unveiled on Thursday, emerges as a super-prime residential venture in Dubai’s Al Barari neighborhood, prioritizing wellness, poised to shake up the emirate’s real estate landscape.
Read more “New Wellness Residence Launched in Al Barari, Dubai”
Dubai’s housing market continues its upward trajectory, as per the latest data from ValuStrat indicating robust growth across various sectors.
The Dubai Residential Capital Values Price Index (VPI) surged by 23.1% annually, hitting 164.1 points in February 2024. This rise reflects sustained demand and investor optimism in the market.
Read more “Dubai’s Luxury Housing Demand Soars, Driving Property Surge”
Dubai’s real estate market anticipates growth in 2024, with transaction volume increasing notably in the first quarter. Experts project rising prices throughout the year, buoyed by demand and population growth.
In the UAE, property projects are flying off the shelves in record time, often within days or even hours. This trend persists despite predictions of slower growth in the real estate market this year following a robust rally over the past three years.
Read more “UAE’s Hot Property Market: Abu Dhabi and Dubai Projects Sell Out Rapidly”
Dubai, UAE: As we step into the new year, the Dubai real estate market shines bright, offering investors promising returns. Whether you’re a seasoned player or a newcomer, the Dubai Real Estate Investment Guide 2024 serves as your roadmap to success.
Read more “Dubai Real Estate Investment 2024: Your Pathway to Success”
Discover Dubai’s flourishing off-plan market attracting residents, investors, and global individuals. With double-digit growth projected in 2024, off-plan properties offer lucrative avenues.
Read more “Top 5 Off-Plan Investment Opportunities in Dubai 2024”
For a free real estate consultation, schedule a call with us today.