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Free zone posted a notable expansion in the technology sector, registering 226 new companies, including 14 gaming and nine AI companies
The company set a new group property sales record of $8.6 billion in H1 2024, a 56 percent increase over H1 2023
Despite the surge in new units, the market remains imbalanced, with demand outpacing supply, data showed
Dubai saw a 61.4 percent annual surge in transactions of off-plan contract registration, equivalent to investments worth AED59.9 billion
The growth is attributed to a strong economy, diverse demand, and focus on quality, sustainable spaces
The extended growth is due to HNWIs' interest in luxury property investment in Dubai
Transaction volumes in Abu Dhabi saw a 22.6 percent increase
Dubai's real estate sector thrives spurred by ambitious goals and increased investor confidence
Driven by hospitality, retail, and financial sectors
High office occupancy suggests remote work no longer a factor
Wider market fundamentals a cause for optimism
A near-term slowdown is very unlikely in city’s residential segment
