Category Archives: Categorized

Dubai Property

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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What A Shambles!

Posted on September 14, 2024 by howesdubai

What A Shambles!                                                                         13 September 2024 Knight Frank’s Q2 Dubai Residential Market Review confirms that average residential prices increased by 21.3% over the past twelve months and again villa prices surpassed those of apartments. Over that period, villa sale … Continue reading →

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Cover Up

Posted on September 7, 2024 by howesdubai

Cover Up!                                                                         06 September 2024 Property Finder’s recent data points to a surge, by an increasing number of young families, to buy bigger apartments, (2 B/R apartments), and bigger villas, (4 B/R or larger villas). Demand is mostly driven … Continue reading →

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1984!

Posted on August 30, 2024 by howesdubai

1984!                                                                         30 August 2024 According to a Cushman and Wakefield Core report, Q4 saw a 14.0% annual hike in tenants renewing residential leases for the fourteenth consecutive quarter. In relation to rents, apartments were well ahead at an annual … Continue reading →

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Black Swan?

Posted on August 24, 2024 by howesdubai

Black Swan                                                                          23 August 2024 In July, the top three developers in the off-plan market were Emaar Properties, Danube Properties and Sobha Group, with 23.0%, (2.08k transactions), 6.9%, (0.27k transactions), and 6.5%. ValuStrat noted that Emaar (20.3%), Damac (7.2%), … Continue reading →

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