Tag Archives: economy

Hit The Road Jack!

Hit The Road Jack!                                                                                    21 February 2025 Under the new Smart Rental Index, launched last month, Dubai landlords now have to notify tenants ninety days before the expiry of tenancy contracts to increase rentals; this regulation applies … Continue reading

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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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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

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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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Spend! Spend! Spend!

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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