Crafting living experiences ...United Arab Emirates

Local News by : (ME CONSTRUCTION NEWS) -
The real estate market in the UAE, and Dubai – in particular – has been enjoying an upward trend post pandemic, and has attracted investors as well as new developers, the latter of which have added, and continue to add, new properties to Dubai’s residential property segment. Property portal Bayut’s recent Q1 2024 report on Dubai’s property marketed stated that the previous upward trend in property prices across the emirate has “stabilised considerably with certain areas even reporting declines in average prices.” Its report revealed that “there has been a modest increase in sales prices for apartments and villas in prominent neighbourhoods of Dubai, with the highest surges reaching up to 7%

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