Mortgage financing increased by up to 44% during the third quarter of this year, highlighting the strength of Dubai's real estate industry. According to a report by BetterHomes, the maturity of Dubai real estate is due to new buyers entering the market. It is reported that the percentage of buyers also increased from 45% to 52%. Additionally, 28,249 transactions took place in...
Residential rents have risen by up to 46% in popular areas across Dubai, driven by high demand from residents for luxury homes in the city, where developers offer ample space and comfort. This rent increase was found to be a 40% increase in the third quarter of this year compared to the same period last year. According to a report shared by Chestertons MENA, housing costs for...
Dubai has emerged as a top destination for real estate investments. Dubai's wealth is largely influenced by its strategic location midway between East and West. The desert city is now a sparkling downtown designed with smart infrastructure, contemporary architecture, luxurious housing projects, and commercial areas. As per the experts, Dubai's real estate sector is expected to...