"August 2024" Archives

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Progressive Initiative of Dubai Government and its impact on Real Estate Market

Dubai’s government has played a pivotal role in this real estate boom. Progressive policies,such as the relaxed requirements for the Golden Visa, have made it easier for investors andbuyers to enter the market. The Golden Visa, which eliminates the minimum down paymentrequirement, has been particularly impactful, drawing significant interest from both local andinternational buyers. This,…

Meeting the Demand for New Homes of Projected Rapid Population Growth

Dubai’s population is projected to reach 5.8 million by 2040, creating a high demand for newhomes. Each year, approximately 54,440 new homes will be needed to keep pace with thisgrowth, not to mention the ever-expanding tourism sector. Despite numerous real estate launches throughout 2023, the city’s population growth continuesto outstrip the supply of new homes…

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