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Property Monitor

Property Monitor latest

(Shutterstock/ File Photo)
October 20th, 2019 - 07:41 GMT

Dubai Villa Breaks Record Over Its $24 Million Sale

A Dubai villa has broken the record for the most expensive house sold in the city this year - so far. Over 2,280 villas and 6,963 apartments were transacted within the third quarter of 2019 in the overall residential market. Volume of transactions in the secondary market was Dh10.8 billion, compared to Dh13.4billion in Q1 2019 (a 19% decrease), according to analysis by Luxhabitat based on data by Property Monitor ...
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About 29,000 residential units were delivered in 2018 and with actual materialisation rate of 40 per cent to 50 per cent more than 40,000 units are expected to be delivered this year.
October 17th, 2019 - 06:53 GMT

Affordable Units Drive Sales in Dubai's Soft Property Market

The roll-out of long-term residency visas could be a game changer for the real estate industry. (Shutterstock)
July 24th, 2018 - 10:02 GMT

Visa Reforms in UAE to Enhance the Real Estate Market

Majority of the upcoming supply will come up in Dubailand, Business Bay, Jumeirah Village Circle and Downtown Dubai. (Shutterstock)
July 15th, 2018 - 09:51 GMT

Demand to Exceed Supply for Properties in Dubai by 2020

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