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 | Jul 24, 2023 | Property, Real Estate, UAE
Dubai’s rise in popularity can be attributed to its futuristic architectural ingenuity, historical highlights, lively nightlife and remarkable tourist attractions. Understandably, these characteristics have become a driving force in the rising popularity of its...
by Ryan Mahoney | Apr 5, 2023 | Property, Real Estate, UAE
The property market in Abu Dhabi showed strong growth in the third quarter of 2022, reaching a total of $5.7 billion (Dh21.04 billion) across 4,441 property transactions. This was comprised of nearly 2,500 mortgage transactions at Dh15.64 billion and close to 2,000...
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 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...
