Author Archives: howesdubai

Spend! Spend! Spend!

Posted on November 24, 2024 by howesdubai

Spend! Spend! Spend!                                                     22 November 2024 Betterhomes, noting that the Dubai October rental market is 15% lower on the year, commented there were a total of 42.1k leasing transactions, with notable shifts in tenant preferences. The total was split … Continue reading →

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Hold On To What You’ve Got!

Posted on November 15, 2024 by howesdubai

Hold On To What You’ve Got!                                                 15 November 2024 There is no doubt that residential rents have been heading north at speed, with the emirate’s ultra-luxury real estate market leading the pack. This week, a US$ 2.3 million, two … Continue reading →

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The Man Is Back In Town!

Posted on November 8, 2024 by howesdubai

The Man Is Back In Town!                                              08 November 2024 To quieten the doomsayers in Dubai, the real estate market had a booming month, with October transactions totalling over 20k, (20.46k), for the first time ever, and 13% higher on the … Continue reading →

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A Rush Of Blood To The Head!

Posted on November 2, 2024 by howesdubai

A Rush Of Blood To The Head!                                                  01 November 2024 This week, The Dubai Real Estate Sector Strategy 2033 was launched, outlining a focused roadmap to elevate the sector’s economic impact on the emirate by significantly increasing transaction volumes and … Continue reading →

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Hang Your Head In Shame!

Posted on October 25, 2024 by howesdubai

Hang Your Head In Shame!                                                        25 October 2024 Figures from the Land Department confirm that, in the week ending 18 October, the Dubai realty sector posted 4,475 transactions, valued at US$ 4.78 billion, with sales totalling US$ 3.85 billion. The … Continue reading →

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Money (That’s What I Want)

Posted on October 18, 2024 by howesdubai

Money (That’s What I Want).                                                     18 October 2024 Damac has launched Sun City, an exclusive new master community in Dubailand, featuring elegant four- and five-bedroom townhouses, ranging from 2.3k sq ft to over 3.3k sq ft. Prices start at US$ … Continue reading →

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Bite The Hand That Feeds You!

Posted on October 11, 2024 by howesdubai

Bite The Hand That Feeds You.                                                 11 October 2024 September’s ValuStrat Price Index posted that Dubai apartment and villa prices have risen at an annual rate of 24.8% and 33.1%. Its September index improved by 2.1% on the month, (compared … Continue reading →

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Charity Begins At Home!

Posted on October 5, 2024 by howesdubai

Charity Begins At Home!                                                         04 October 2024 fäm Properties posted that Q3 overall sales transactions topped 50.4k, (37.9% higher on the year and 16.6% to the good on the quarter). Volume wise, the 39.1k apartment sales accounted for 77.0% of … Continue reading →

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Masters of War

Posted on September 28, 2024 by howesdubai

Masters of War                                                           27 September 2024 Nakheel, part of Dubai Holding Real Estate, has awarded a US$ 470 million contract, to Alec by Nakheel, to construct its seventy-five-storey Como Residences on Palm Jumeirah.  This luxury development will only have a … Continue reading →

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History Repeats Itself?

Posted on September 21, 2024 by howesdubai

History Repeats Itself?                                         20 September 2024   Reports indicate that Emaar is to build a new super tower and that it could be on par to compete with its sister tower, Burj Khalifa, to become the world’s biggest building – … Continue reading →

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