The UAE emerges as the leader in Gulf real estate transactions, with Dubai spearheading the surge, capturing 52.1% of the total GCC deals. Dive into the economic report by Kamco Invest, unveiling the unprecedented growth, soaring values, and the driving forces behind this real estate phenomenon. The thriving real estate landscape in the United Arab Emirates (UAE) has once again taken center stage,...
As we step into 2024, the UAE's real estate market is poised for another dynamic year. Analysts predict a 5% to 7% surge in property prices in Dubai and a 3% to 5% increase in Abu Dhabi. In this post, we delve into the factors driving this growth, potential challenges, and what investors can expect in the coming months. Current Market Trends: The first nine months of 2023 showcased a robust real...
As the real estate market in Dubai continues to thrive, tenants often find themselves grappling with questions about their rights, especially when it comes to the security deposit. In this blog post, we delve into a commonly asked question by KT readers: Can real estate companies deduct money from the tenant's security deposit, specifically for repainting the flat? Understanding the Legal...
The United Arab Emirates (UAE) has once again reaffirmed its status as a global real estate and construction powerhouse, with the year 2023 witnessing remarkable achievements. This blog explores the key milestones, growth statistics, and the promising future of the real estate sector in the UAE, focusing on the dynamic landscapes of Dubai, Abu Dhabi, and Sharjah. Resilient Residential Transactions in...
Dubai, a city synonymous with opulence and architectural marvels, is not just aiming for the sky but also for sustainability. As the United Arab Emirates (UAE) takes the lead in sustainable urban development, Dubai's real estate market is on a trajectory of unprecedented growth. In this blog post, we delve into the transformative journey of Dubai's real estate sector, exploring the impact of the Dubai...
Nestled on the outskirts of Dubai, the Emirates Golf Club stands as a testament to both architectural brilliance and a commitment to preserving the natural beauty of its surroundings. At the heart of this golfing haven lies The Majlis, a championship course that has earned global acclaim for its challenging layout and breathtaking aesthetics. In this exploration, we delve into the history, design, and...
In the ever-evolving landscape of global real estate investment, the inaugural "Housearch Investment Index" for 2024 has cast a spotlight on the Gulf countries, particularly Oman, Qatar, and the United Arab Emirates, with Dubai at the forefront. This recognition underscores the region's allure as a stable and reliable haven for property investors, especially as traditional markets in Europe and North...
As we bid farewell to 2023, Dubai's real estate landscape stands poised on the cusp of a significant shift. Having witnessed a remarkable surge of nearly 23% in rental prices during the first half of the year, experts now project an even more substantial spike of around 30% by the end of 2023. Brace yourself as we delve into the dynamics propelling this surge and explore what lies ahead in 2024. Riding...
The economic resilience of the United Arab Emirates (UAE) remains unwavering, as indicated by the recent quarterly economic review of 2023 by the Central Bank of the UAE (CBUAE). In a time of global uncertainty and tight monetary policies worldwide, the real estate, tourism, and aviation sectors in the UAE have not only weathered the storm but have also demonstrated remarkable growth and...
The aviation industry is on the brink of a revolution, and it's not just about planes and helicopters anymore. Electric Vertical Takeoff and Landing (eVTOL) aircraft, commonly known as air taxis, are making headlines as they promise to redefine urban air mobility. In this blog post, we'll explore the key players leading this transformative journey and how they are shaping the future of air travel. Buckle...
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