rental prices in dubai

Dubai South

Dubai: Villa community prices have more than doubled in the past four years

A new report reveals that 85% of established freehold villa communities in Dubai have seen their values more than double over the past four years. Data from real estate consultancy ValuStrat also indicates that prices have exceeded previous decade highs, with Palm Jumeirah villas nearly doubling in value since 2014. Dubai’s real estate market is breaking new records, with the price per square foot...

UAE to see sustained influx of ultra-wealthy as regional hub grows

The UAE is set to witness a sustained influx of ultra-high-net-worth individuals (UHNWIs) as tax advantages and regulatory reforms continue to lure wealthy individuals and families to the region. This ongoing trend is fundamentally transforming the Middle East's wealth management landscape and fueling substantial investments in infrastructure. As Tariq Nakhooda, Country Head of UAE at IQ-EQ, noted, "The...

dubai skyline

Home prices surge over 27% compared to May 2023, with Palm Jumeirah apartment rates hitting new record highs

Dubai’s residential market continued its strong performance in May, with capital values increasing at a faster rate compared to the previous month, according to recent data from ValuStrat. The ValuStrat Price Index (VPI) rose by 2.1 percent in May, reaching 174.4 points, reflecting a 27.2 percent growth compared to May of the previous year. Villas experienced the most significant monthly increase...

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