Tag Archives: news

Hit The Road Jack!

Posted on February 21, 2025 by howesdubai

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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Where Do You Go To My Lovely?

Posted on February 7, 2025 by howesdubai

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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Out Of Her Depth!

Posted on January 24, 2025 by howesdubai

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 →

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Auf Wiedersehen Pet!

Posted on January 17, 2025 by howesdubai

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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A Change Is Gonna Come!

Posted on January 12, 2025 by howesdubai

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 →

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Bumpy Ride!

Posted on January 4, 2025 by howesdubai

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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Second Hand News!

Posted on December 28, 2024 by howesdubai

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 →

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Highway To Hell!

Posted on December 21, 2024 by howesdubai

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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Would I Lie To You?

Posted on November 30, 2024 by howesdubai

Would I Lie To You?                                                        29 November 2024 By last week, and for the first time ever, Dubai’s residential real estate market saw total sales cross US$ 13.63 billion, (AED 50.0 billion), with transactions 80.0% higher at 19.6k. Engel … Continue reading →

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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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