A growing number of long-term Dubai residents are upgrading from smaller apartments to larger units and villas, taking advantage of a cooling in parts of the property market, according to industry insiders. Rohit Bachani, co-founder of Merlin Real Estate, said the trend reflects Dubai’s evolution into a long-term residential hub rather than a transient market.He […]
Dubai’s residential real estate market is facing a significant stress test, as the ongoing regional crisis introduces a level of caution not seen since the pandemic. That is the central finding of a new credit analysis published this week by S&P Global Ratings, which stops short of sounding a full alarm but makes clear that the […]
Synopsis Dubai’s real estate sector is currently navigating through turbulent waters due to geopolitical upheavals. Interest from entry-level buyers has sharply fallen, resulting in slower sales across the board and lengthening timelines for buyers to secure agreements. In an effort to attract new buyers, developers are rolling out appealing incentives, including flexible financing arrangements and […]
