The total number of transactions reached 9,034, marking a 13.2 percent decrease compared to the same period the previous year
Dubai real estate slowdown
Latest in Dubai real estate slowdown
commercial real estate
Dubai real estate sales soar, revenue jumps 46% in first half of 2023
The commercial real estate sector in the city also posted a robust growth rate in the near-first half of 2023 with close to 30% jump in value terms to reach AED2.86 billion
Dubai
Dubai real estate: Experts argue whether property prices can continue to rise
Allsopp & Allsopp said in a report last week that Dubai property market sales fell for the first time in April 2023, since December 2022, apparently causing a flutter in the market
Dubai
Dubai’s ‘countryside’ to attract property investors, new residents under new initiative: experts
The Dubai Council’s decision to spur development projects in the emirate’s countryside will create fresh opportunities in a saturated city, experts agreed
Dubai real estate market
Damac sees UAE property market recovery in two years, reports
Impact of Covid-19 and a likely reduction in the UAE population will hamper the revival
Dubai property market
Video: Rate of Dubai property price declines continues to slow
Are residential real estate prices in Dubai finally close to the bottom after years of declines?
Buying property in Dubai
Video: Gauging the impact of the coronavirus pandemic on the real estate market in Dubai
In gauging the Covid-19 pandemic’s impact on the real estate market in Dubai, Euronews’ Target discovers that the first half of 2020 actually saw transactions worth the equivalent of $19.3 billion.
construction activities
Video: S&P Global Ratings’ Sapna Jagtiani on Dubai residential real estate
Construction Week speaks exclusively to Sapna Jagtiani, the director at credit rating agency S&P Global Ratings, which is a division of S&P Global that publishes financial research and analysis on bonds and commodities.
coronavirus lockdown
Video: Zeina Khoury on the Dubai real estate and the “benefits of Covid-19”
Construction Week speaks to Zeina Khoury, the CEO and chief growth officer of High Mark Real Estate about the trends and challenges facing Dubai’s real estate sector, specifically, in light of the Covid-19 pandemic.
commercial real estate
AB Live: Real estate activity during Covid-19
S&P Global Ratings has issued a report ‘Covid-19 Dampens The Prospects of EMEA Real Estate Developers and Homebuilders’ suggesting that the ratings firm expects negative pressure on GDP and employment across most key sectors such as tourism and retail in the United Arab Emirates, as well as for some small and mid-size enterprises, all of which could weigh on demand for new properties.