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Categories
Meta
Category Archives: Dubai economy
Don’t Worry, Be Happy!
Don’t Worry, Be Happy! 14 February 2025 The new year saw Dubai real estate sector continuing to bubble, following a highly successful 2024, as it posted a record 180.9k transactions, valued at US$ 142.1 billion. January witnessed impressive annual … Continue reading
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Where Do You Go To My Lovely?
Where Do You Go To My Lovely? 07 February 2025 In 2024, the Dubai luxury residential market saw one extra US$ 10 million + home sold, on the year, to a total of four hundred and thirty-five; 35.2% of this … Continue reading
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Tagged business, Dubai, dubai-fountain, estee-lauder, news, rba, rbi, real-estate, UAE
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Tradin’ War Stories!
Tradin’ War Stories! 31 January 2025 Property Monitor indicated that, in 2024, Omniyat Properties consolidated its leading ranking in the position of selling the most apartments, valued at over US$ 10 million, with forty-six transactions, with a total sales value … Continue reading
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Tagged business, Donald Trump, Dubai, expo-dubai-south, Finance, investing, real-estate, tariffs
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Out Of Her Depth!
Out of Her Depth! 24 January 2025 A new report by fäm Properties estimates that Dubai’s 2024 secondary property market generated capital gains of US$ 16.27 billion, equating to 32% of Dubai’s record high total re-sale value of US$ … Continue reading
Auf Wiedersehen Pet!
Auf Wiedersehen Pet! 17 January 2025 An Emirates NBD Research study noted that units priced between US$ 272k and US$ 545k (AED 1 million to AED 2 million) grew by 71% year on year driven by both increases in demand … Continue reading
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Tagged cepa, China, economy, Finance, news, olas-scholz-tulip-siddiq-german-recession, politics, rbi
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A Change Is Gonna Come!
A Change Is Gonna Come! 10 January 2025 The country’s four major emirates posted impressive real estate results in 2024 – with 331.3k transactions valued at US$ 243.32 billion; the fifty thousand plus mortgage transactions, (excluding Ajman) totalled US$ … Continue reading
Bumpy Ride!
Bumpy Ride! 03 January 2025 The four hundred and twenty-five metre tall Marina 101 project, (featuring one hundred and one floors floors), launched by Sheffield Real Estate, had been progressing well, especially in the boom years prior to … Continue reading
Second Hand News!
Second-Hand News! 27 December 2024 Union Properties has broken ground on its latest Motor City US$ 545 million project – the Takaya – which overlooks the Dubai Autodrome; home prices will be in the mid-to-high range. This development comes … Continue reading
Highway To Hell!
Highway To Hell! 20 December 2024 This week, a nine-bedroom mansion in Hills Grove, Dubai Hills Estate, sold for a record-breaking US$ 54.5 million. Hills Grove, with just twenty-six residences along a single street, has become known as … Continue reading
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Tagged business, economy, Finance, investing, news, uk-car-industry
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An Awful Lot Of Coffee In Brazil!
An Awful Lot Of Coffee In Brazil! 13 December 2024 According to Betterhomes’ Rupert Simmonds, Dubai’s rental market continued to be bullish this year, with average increases of up to 20%, but at a slower pace than the highs … Continue reading
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Tagged Coffee, DFM, Dubai, Gold, middle-east, rachel-reeves, real-estate, travel, UAE
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