UAE Climbs to 2nd Place in Global Greenfield Investment Rankings
The UAE is now the second-largest recipient of greenfield investments globally, boosting demand for commercial and residential real estate. Its strategic location, favorable business climate, and tax incentives drive this growth, supporting economic diversification.
π Read More News HERE !
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The UAE is now the second-largest recipient of greenfield investments globally, boosting demand for commercial and residential real estate. Its strategic location, favorable business climate, and tax incentives drive this growth, supporting economic diversification.
#dxbinteract #realestatemarket #propertymarket
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Weekly Sales Summary
3,430 transactions
+67.24% increase
1.4K per sqft
-100% decrease
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Cristiano Ronaldo Purchases β¬25 Million Plot of Land in Dubai
Cristiano Ronaldo has invested β¬25 million in a plot on Jumeirah Bay, Dubai, to build a mansion.
He also opened TATEL Dubai, a luxury restaurant in Downtown Dubai, with Rafael Nadal and Pau Gasol.
π Read More News HERE !
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Cristiano Ronaldo has invested β¬25 million in a plot on Jumeirah Bay, Dubai, to build a mansion.
He also opened TATEL Dubai, a luxury restaurant in Downtown Dubai, with Rafael Nadal and Pau Gasol.
#dxbinteract #realestatemarket #propertymarket
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Dubai Real Estate Market Booms in May 2024: A Comprehensive Overview
Best Performing Areas in May 2024:
πΉ Jumeirah Village Circle
πΉ Al Merkadh
πΉ Business Bay
πΉ Sobha One
πΉ Hadaeq Sheikh Mohammed Bin Rashid
πΈThe average property prices in Dubai have seen a notable increase:
β’ Apartments: AED 1.3 million, an 8.8% rise from May 2023.
β’ Villas: AED 2.8 million, marking a 10.9% increase.
β’ Commercial Properties: AED 1.5 million, up by 49.2%.
β’ Plots: AED 4.6 million, a slight decrease of 7.4%.
π Read More HERE !
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Best Performing Areas in May 2024:
πΉ Jumeirah Village Circle
πΉ Al Merkadh
πΉ Business Bay
πΉ Sobha One
πΉ Hadaeq Sheikh Mohammed Bin Rashid
πΈThe average property prices in Dubai have seen a notable increase:
β’ Apartments: AED 1.3 million, an 8.8% rise from May 2023.
β’ Villas: AED 2.8 million, marking a 10.9% increase.
β’ Commercial Properties: AED 1.5 million, up by 49.2%.
β’ Plots: AED 4.6 million, a slight decrease of 7.4%.
#dxbinteract #realestatemarket #propertymarket
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π A 1,500-meter bridge will be constructed, featuring two lanes in each direction. This bridge will link Sheikh Zayed Road to Dubai Harbour.
The bridge is designed to accommodate up to 6,000 vehicles per hour in both directions, drastically reducing travel time from 12 minutes to just 3 minutes.
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- Not Falling, but Evolving
In May 2024, Dubai's real estate market displayed strong growth, with a 49.2% increase in property transactions, rising property and rental prices, and a surge in mortgage market activity.
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Weekly Sales Summary
2,900 transactions
-18.32% decrease
1.4K per sqft
-100% decrease
#dxbinteract #realestatemarket #propertymarket
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ποΈSobha Realty Announces Construction of Nature-Inspired Mall in Dubai
Sobha Realty is constructing a community mall in Dubai's Sobha Hartland, set to open in late 2026. Costing AED 210 million, this project will blend retail and leisure, offering shops, eateries, and sustainable design features such as natural lighting and energy-efficient systems.
π Read More News HERE !
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Sobha Realty is constructing a community mall in Dubai's Sobha Hartland, set to open in late 2026. Costing AED 210 million, this project will blend retail and leisure, offering shops, eateries, and sustainable design features such as natural lighting and energy-efficient systems.
#dxbinteract #realestatemarket #propertymarket
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Dubai Real Estate Market Overview:
June 2024
π Sale Volume:
14,370 transactions - growth of 37.4% compared to June 2023
πΈ Total Sales Value:
AED 46.4B - growth of 52.3% compared to June 2023
π‘ Rental Prices:
β’ Apartments: AED 77K (22.2% increase vs June 2023)
β’ Villas: AED 165K (3.1% increase vs June 2023)
β’ Commercial: AED 60.6K (-36.3% decrease vs June 2023)
π Discover more info in the full report HERE !
#dxbinteract #realestatemarket #propertymarket
June 2024
π Sale Volume:
14,370 transactions - growth of 37.4% compared to June 2023
πΈ Total Sales Value:
AED 46.4B - growth of 52.3% compared to June 2023
π‘ Rental Prices:
β’ Apartments: AED 77K (22.2% increase vs June 2023)
β’ Villas: AED 165K (3.1% increase vs June 2023)
β’ Commercial: AED 60.6K (-36.3% decrease vs June 2023)
π Discover more info in the full report HERE !
#dxbinteract #realestatemarket #propertymarket
Dubai Real Estate Market Overview: Q2 - 2024
π Sales Volume:
43,612 transactions
19.7% increase vs. QoQ
44.1% vs. Q2 2023
πΈ Sales Value:
AED 124.6B
15.1% increase vs. QoQ
36.6% increase vs. Q2 2023
π°Sales Value:
β’ Apartments: AED 62.5B (45% increase vs Q2 2023)
β’ Villas: AED 27B (18.7% increase vs Q2 2023)
β’ Commercial: AED 2.4B (22.2% increase vs Q2 2023)
β’ Plots: AED 32.7B (154.3% increase vs Q2 2023)
πTop 5 performing areas:
β’ Jumeirah Village Circle
β’ Zaabeel First
β’ Business Bay
β’ Dubai Marina
β’ Dubai Hills Estate
π Discover full report HERE !
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π Sales Volume:
43,612 transactions
19.7% increase vs. QoQ
44.1% vs. Q2 2023
πΈ Sales Value:
AED 124.6B
15.1% increase vs. QoQ
36.6% increase vs. Q2 2023
π°Sales Value:
β’ Apartments: AED 62.5B (45% increase vs Q2 2023)
β’ Villas: AED 27B (18.7% increase vs Q2 2023)
β’ Commercial: AED 2.4B (22.2% increase vs Q2 2023)
β’ Plots: AED 32.7B (154.3% increase vs Q2 2023)
πTop 5 performing areas:
β’ Jumeirah Village Circle
β’ Zaabeel First
β’ Business Bay
β’ Dubai Marina
β’ Dubai Hills Estate
#dxbinteract #realestatemarket #propertymarket
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ποΈSheikh Hamdan unveils Jebel Ali open beach project with diving, swimming and viewing areas
The Jebel Ali Beach Development Project will see a two-kilometre open beach for swimming, a 2.5km diving sports area, a walkway with viewing platforms, and recreational and service areas for beachgoers of all ages.
π Read More News HERE !
#dxbinteract #realestatemarket #propertymarket
The Jebel Ali Beach Development Project will see a two-kilometre open beach for swimming, a 2.5km diving sports area, a walkway with viewing platforms, and recreational and service areas for beachgoers of all ages.
#dxbinteract #realestatemarket #propertymarket
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Last Week Overview
DOWNTOWN DUBAI
π² Median Price:
AED 2,450,000
-16% decline from last week
πΈ Median Price Per Sqft:
AED 2,350
-7% decline from last week
π Transactions:
43 transactions
-32% decline from last week
π View the whole report HERE !
#dxbinteract #realestatemarket #propertymarket
DOWNTOWN DUBAI
AED 2,450,000
-16% decline from last week
πΈ Median Price Per Sqft:
AED 2,350
-7% decline from last week
43 transactions
-32% decline from last week
#dxbinteract #realestatemarket #propertymarket
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Fairmont and SOL Properties Launch Fairmont Residences Solara Tower in Dubai
Fairmont Hotels & Resorts and SOL Properties are constructing the Fairmont Residences Solara Tower in Downtown Dubai, set to complete by 2027. The 55-story tower will blend luxury living with exclusive amenities like private pools and gourmet restaurants, capitalizing on Dubaiβs growing luxury real estate market.
π Read More HERE !
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Fairmont Hotels & Resorts and SOL Properties are constructing the Fairmont Residences Solara Tower in Downtown Dubai, set to complete by 2027. The 55-story tower will blend luxury living with exclusive amenities like private pools and gourmet restaurants, capitalizing on Dubaiβs growing luxury real estate market.
#dxbinteract #realestatemarket #propertymarket
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ποΈSheikh Hamdan Approves Master Plan and Designs for Jebel Ali Beach Development Project
The Jebel Ali Beach Development Project, aligned with Dubai's 2040 Urban Master Plan, aims to develop 6.6 kilometers of coastline, focusing on recreation and ecological preservation.
π Read More News HERE !
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The Jebel Ali Beach Development Project, aligned with Dubai's 2040 Urban Master Plan, aims to develop 6.6 kilometers of coastline, focusing on recreation and ecological preservation.
#dxbinteract #realestatemarket #propertymarket
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π£οΈ Dubai is set to build the world's longest green highway.
The Dubai Green Spine project will span 64 km along Sheikh Mohammad Bin Zayed Road, from Muhaisnah to Dubai Industrial City.
Solar panels will be installed on tram tracks, and the surroundings will be enriched with a million native trees and urban farms.
π Read More News HERE !
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The Dubai Green Spine project will span 64 km along Sheikh Mohammad Bin Zayed Road, from Muhaisnah to Dubai Industrial City.
Solar panels will be installed on tram tracks, and the surroundings will be enriched with a million native trees and urban farms.
#dxbinteract #realestatemarket #propertymarket
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Weekly Sales Summary
2,960 transactions
+0.27% increase
1.6K per sqft
-100% decrease
#dxbinteract #realestatemarket #propertymarket
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In this guide you will find:
πΉ Advantages of Investing in Freehold Properties
πΉ List of Freehold Areas in Dubai:
β’ for apartments
β’ for villas
β’ apartments and villas
πΉ Factors to Consider Before Investing
πΉ FAQs
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Last Week Overview
BUSINESS BAY
π² Median Price:
AED 1,450,000
-24% decline from last week
πΈ Median Price Per Sqft:
AED 2,040
-16% decline from last week
π Transactions:
189 transactions
-22% decline from last week
π View the whole report HERE !
#dxbinteract #realestatemarket #propertymarket
BUSINESS BAY
AED 1,450,000
-24% decline from last week
πΈ Median Price Per Sqft:
AED 2,040
-16% decline from last week
189 transactions
-22% decline from last week
#dxbinteract #realestatemarket #propertymarket
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ποΈMarbella Resort: Spanish-Inspired Luxury Coming Soon to Dubai's World Islands
Set to open in early 2025, Dubai's Marbella Resort on the World Islands merges Spanish elegance with AED 1 billion luxury.
This resort features 150 rooms and offers unique attractions like a kilometer-long raining street and an indoor snow plaza.
π Read More HERE !
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Set to open in early 2025, Dubai's Marbella Resort on the World Islands merges Spanish elegance with AED 1 billion luxury.
This resort features 150 rooms and offers unique attractions like a kilometer-long raining street and an indoor snow plaza.
#dxbinteract #realestatemarket #propertymarket
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Last Week Overview
JUMEIRAH VILLAGE CIRCLE
π² Median Price:
AED 955,000
+6% increase from last week
πΈ Median Price Per Sqft:
AED 1,290
+1% increase from last week
π Transactions:
233 transactions
-21% decline from last week
π View the whole report HERE !
#dxbinteract #realestatemarket #propertymarket
JUMEIRAH VILLAGE CIRCLE
AED 955,000
+6% increase from last week
πΈ Median Price Per Sqft:
AED 1,290
+1% increase from last week
233 transactions
-21% decline from last week
#dxbinteract #realestatemarket #propertymarket
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