The emirate recorded 90,881 residential transactions in 2022, exceeding the historic record high of 81,182 in 2009
The emirate recorded 90,881 residential transactions in 2022, exceeding the historic record high of 81,182 in 2009
Year 2022 proved to be a record-breaking year for the emirate's real estate sector as it surpassed 2014 peak levels
Average property prices rose by 9.5 per cent, with average apartment rates climbing 9 per cent and those for villas by 12.8 per cent
First two phases sold out and handovers started
Azizi Development plans Dh20b investment in Dubai South project; Signs an agreement with KEO International Consultants for the masterplan of its 24-million-square-foot-plot
Dubai Economic Agenda is all set to propel the emirate's stature as one of the most lucrative and powerful global economic cities into the next level
More than 6,000 units were sold in 2022, amounting to Dh5.6 billion
Freehold for all nationalities makes the property more lucrative, along with the modern concepts of coastal living
AI tool used by proptech firm Realiste shows emirate became haven for investors seeking to protect their assets from geopolitical crises
Real estate experts expect an increase in property price and rental value amidst rising demand from HNWIs and foreign investors