October 2024

Dubai property prices jump by 20%

Dubai’s property market saw a significant rise in Q3 2024, with residential prices climbing by nearly 20% and total sales surpassing AED 120 billion ($32.4 billion), according to CBRE Middle East’s UAE Real Estate Market Review. Apartment prices jumped 19%, while villa prices increased by 23%, marking strong performance across the board. Rental rates also grew, with average apartment rents up by...

Sheikh Hamdan sets out Dubai action plan

Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence unveils long-term vision Dubai on Tuesday unveiled an ambitious master plan to transform education, real estate and transport and preserve its rich heritage over the next decade. The major strategy was announced by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence. The series...

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