Author Archives: howesdubai

Don’t Believe Everything You Hear!                                                   07 June 2024 Records were broken last month, with Dubai’s real estate sector posted the highest ever volume and value of transactions at 17.7k, (53.3% higher compared to May 2023) and  up 38.0% on the … Continue reading →

We Will Rock You!                                                                             31 May 2024 Data from the Dubai Land Department indicates that, in the twelve months to 31 March, there was a 5.8% rise in the number of rental registrations to over 159.9k, split between a 12.3% … Continue reading →

Tears Of A Clown!                                                                             24 May 2024 Knight Frank has indicated that global high net worth individuals are expected to spend 76% more, on the year, to US$ 4.4 billion buying in the burgeoning Dubai property market in 2024. … Continue reading →

 Livin’ On A Prayer                                                                             17 May 2024 Mainly attributable to marked growth in affordable and mid-market communities, Q1 property prices in Dubai rose for the fifteenth consecutive quarter. Cushman & Wakefield Core noted that “there are no signs of … Continue reading →

Island In The Sun!                                                                         10 May 2024 Latest data from Knight Frank indicates that in Q1, Dubai’s ultra-luxury developments, (those residences valued at US$ 10 million plus), showed a 19% jump on the year to hit a new record … Continue reading →

Waiting for the Great Leap Forwards!                                  03 May 2024 Amali Properties unveiled its first master-planned community, Amali Island on The World Islands, housing twenty-four villas, priced at between US$ 13.6 million and US$ 34.0 million, with one villa valued … Continue reading →

The Rent Is Always Due!                                                                                 26 April 2024 A sure indicator that Dubai’s property sector is in rude health is borne out by Cavendish Maxwell posting that, on average, there was a launch of a new property project every … Continue reading →

What’s Going On?                                                                        19 April 2024 A Knight Frank report indicated that, in Q1, there had been one hundred and five recorded sales of homes priced at more than US$ 10 million – 19% higher on the year, with … Continue reading →

Cruel Summer!                                                                               12 April 2024 With RERA’s March amendment to its rental index, that allowed property owners to increase rents to bring them in line with the market value, many landlords in Dubai have started increasing rents upon renewal … Continue reading →

Green Green Grass of Home!                                                    05 April 2024 There was an interesting fact, emanating from Property Finder’s Q1 survey, which showed that a marked 40% of property sales in Dubai have gone to home seekers looking to buy villas; … Continue reading →