Author Archives: howesdubai

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 →

It’s A Sign Of The Times!                                               29 March 2024 Q1 is well on course to see the Dubai real estate sector post over US$ 27.2 billion, (AED 100 billion) in sales and over 30k transactions. The first two months … Continue reading →

According to panellists at JLL’s “Navigating the growth spectrum: Exploring Strategies for sustained success”, Dubai’s real estate sector is expected to continue its upward trajectory in 2024, despite a softening global outlook, and on track to deliver approximately 34k units, … Continue reading →

The Way It Is!                                                 15 March 2024 Muhammad Binghatti, CEO of Binghatti Holding, has given three important reasons why the Dubai property sector continues to expand, with him expecting average prices increasing by 14.0% this year.  They are population growth, … Continue reading →

Say No More!                                                    08 March 2024 Despite fears from some analysts, (who probably should have known better), Dubai real estate transactions surged by 27.0% in February to 11.9k deals, compared to a year earlier, whilst value wise, there was a … Continue reading →

Lipstick On Your Collar!                                                    01 March 2024 Emaar Properties announced that it would be investing US$ 26.14 billion on two luxury projects – The Heights Country Club, (at an estimated US$ 15.0 billion) and Grand Club Resort, (at US$ … Continue reading →

Get Away With It?                                                                        23 February 2024 For the second consecutive week, there are no weekly property statistics readily available for the week ending 23 February. Interesting figures from Australia’s CoreLogic show the price gap between apartments … Continue reading →