Monthly Archives: February 2023

Dubai property market may break more records in 2023

27 February 2023, Khaleej Times

HNWIs and expatriates will continue to pour it, thereby cementing its position as a leading real estate destination

There comes a stagnant period after a continuous streak of highs, where the growth stops, and things start …

Dubai records over $871.2mln in realty transactions on Thursday

23 February 2023, Zawya

Dubai records over $871.2mln in realty transactions on Thursday

DUBAI – Dubai real estate market recorded 508 sales transactions worth AED1.33 billion, in addition to 101 mortgage deals of AED1.66 billion, and 135 gift deals amounting to …

Now pay home rents directly through bank accounts in Dubai

22 February 2023, Gulf Today

The Dubai Land Department has announced the possibility of paying rents through the “direct payment system” of the UAE Central Bank, with the aim of facilitating smooth customer services in the department.

According to the system, …

Dubai outperforms global prime residential market in 2022

20 February 2023, Khaleej Times

Dubai outperformed global prime residential markets in 2022 as capital values surged 12.4 per cent compared to 3.2 per cent average capital values across 30 major cities of the world, according to a latest report.

The …

Dubai innovation ‘key to survival,’ says TECOM SVP

Arabian Business, 06 February 2023

Dubai’s goal of becoming a global hub for technology is going to be essential for the emirate to stay on top, Majed Al Suwaidi, Senior Vice President – Dubai Media City, Dubai Studio City, Dubai …

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