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To help Dubai property owners struggling with overdue service fees, the Real Estate Regulatory Agency (RERA) has launched the Tayseer initiative. This program provides flexible payment plans for unit owners, with a minimum term of six months, in partnership with jointly owned property (JOP) management companies. The goal is to make it easier for owners…
Three plots of land in Downtown Dubai were sold for a combined profit of Dh715 million, showcasing the remarkable growth and investment potential of the city’s real estate sector. The three transactions, completed over the course of just five days last month, brought in individual profits of Dh225 million, Dh290 million, and Dh200 million for…
The UAE continues to shine on the global stage, climbing to the 21st spot in the World Happiness Index 2025. This remarkable achievement positions the nation ahead of major global economies, including the United Kingdom, the United States, Germany, France, and Singapore. As the highest-ranking Arab country on the index, the UAE’s success highlights its…
Dubai’s real estate market is undergoing a major transformation as more tenants turn to homeownership, driving a sharp decline in available listings. According to Knight Frank, home listings dropped by 30% in 2024, with the prime market seeing a steeper 52% reduction. Key Trends: Supply & Future Outlook 🏗 302,880 New Homes Under Construction: 80%…
