by Ryan Mahoney | Feb 6, 2024 | Dubai, Property, UAE
Many countries and territories are continuing to experience volatility in their real estate markets, with fluctuating rates and an uncertain economic outlook affecting investor confidence. Instability has triggered a general tightening in lending standards around the...
by Ryan Mahoney | Mar 29, 2023 | Dubai, Property, Real Estate, UAE
The Dubai real estate market experienced a boom throughout 2022. A large part of this was due to overseas investors, particularly from Europe and Russia, purchasing property as an investment. The UAE is seen as a safe haven for investors, and developers believe this...
by Ryan Mahoney | Mar 22, 2023 | Dubai, Luxury Housing, Real Estate, UAE
The luxury housing market in Dubai is booming, fueled by rich expats and foreigners looking to purchase second homes. The liberal visa policies of the emirate, coupled with the way the pandemic was handled by the government, have resulted in an influx of foreign...
by Ryan Mahoney | Mar 8, 2023 | Dubai, Property, Real Estate, UAE
The rental property market in Dubai experienced a period of rapid growth in Q3 2022, with average rental rates increasing by as much as 5% over the quarter. Annually, rental prices for villas rose by 22% and average rents for apartments rose by 15%. These rental rates...
by Ryan Mahoney | Feb 1, 2023 | Dubai, Property, Real Estate, UAE
Palm Jebel Ali is a megaproject in construction that began off the coast of Dubai in 2002. Construction of the man-made archipelago halted amid the global financial crisis in 2008 and has since lain dormant. However, with a 300% rise in value for many of Dubai’s prime...
by Ryan Mahoney | Jan 24, 2023 | Dubai, Property, Real Estate, UAE
Luxury home buyers from around the world are increasingly looking to Dubai for their next property purchase. High-net-worth individuals – who typically seek properties in areas that are easily accessible, have a competitive business environment and are secure and safe...