Monthly Archives: October 2022

Dubai rents see record high and are rising faster than ever

17 October 2022 – ARABIAN BUSINESS – www.arabianbusiness.com

t’s not just Dubai’s luxury home sales that are soaring, rental prices are too.

The average annual rent for a villa, or family home, in the emirate reached 268,758 dirhams ($73,171) last month …

Dubai records over AED2.1 billion in realty transactions Thursday

14 October 2022 – EMIRATES NEWS AGENCY-WAM – www.wam.ae

Dubai real estate market recorded 401 sales transactions worth AED1.69 billion, in addition to 77 mortgage deals of AED324.64 million, and 13 gifts deals amounting to AED132.47 million on Thursday, data …

Dubai records over AED1.5 billion in realty transactions Tuesday

13 October 2022 – EMIRATES NEWS AGENCY-WAM – www.wam.ae

Dubai real estate market recorded 469 sales transactions worth AED1.29 billion, in addition to 77 mortgage deals of AED190.01 million, and 8 gifts deals amounting to AED26.82 million on Tuesday, data …

Real estate bubble risk lowest in Dubai: UBS

13 October 2022 – Khaleej Times – www.khaleejtimes.com

Dubai’s real estate bubble risk is the second-lowest after Warsaw among the world’s 25 major cities as the nominal house price growth across the world accelerated to 10 per cent on average …

DAMAC Properties taps Danway EME to build substations at Lagoons project

12 October 2022 – ZAWYA BY REFINITIV – www.zawya.com

Dubai, United Arab Emirates: DAMAC Properties announced it has awarded the contract to build electrical substation at its luxurious, master-planned community, DAMAC Lagoons, to Danway EME.

Under the supervision of Energoprojekt Entel Co, …

Dubai’s Luxury Real Estate Market Is Booming—Here’s Why

11 October 2022 – Robb Report – www.robbreport.com

While rising interest rates in the US are cooling the American housing market, Dubai’s real estate have heated up.
Over the last 12 months, Dubai’s prime real estate prices are up 89 percent, according to …

Dubai records over AED1.6 billion in realty transactions Monday

11 October 2022 – EMIRATES NEWS AGENCY-WAM – www.wam.ae

Dubai real estate market recorded 445 sales transactions worth AED1.18 billion, in addition to 68 mortgage deals of AED445.38 million, and 37 gifts deals amounting to AED61.34 million on Monday, data …

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