Bloomberg

Dubai Apartment Prices Jump Most in a Decade as Home Boom Widens

  • Dubai apartment prices surged 20% in the year to August: CBRE
  • Values for apartments had lagged larger, single-family houses

Zawya

Dubai logs over $517.2mln in realty transactions Monday

Dubai’s real estate market recorded 639 sales transactions worth AED1.62 billion on Monday, in addition to 147 mortgage deals totalling AED267.43 million

Bloomberg

Dubai’s Luxury Home Market Is Booming as Wealthy Buyers Flock to City

  • Dubai’s prime real-estate prices jumped 89% over the past year
  • Sale of properties priced over $10 million also hit fresh high

THE NATIONAL NEWS

How Dubai is managing its property boom

Queues to buy luxury dwellings indicate the strength of interest in a post-pandemic era but cautious steps to steer this growing sector are also welcome

Arabian Business

Dubai property boom: Best rental yields, price increases amid $24bn market

Dubai real estate portal research shows best areas for landlords and premium property price increases

Reuters

Dubai chases long-term growth as property booms, seeks to blunt debt risk

DUBAI, June 19 (Reuters) – Buoyed by a swift economic rebound post-COVID, Dubai is racing to attract people and capital to drive long-term growth, betting it can avoid past debt crises that dented its global ambitions.

Bloomberg

US Is No Longer the Millionaire Magnet It Was Before the Pandemic

Net inflows of high-net-worth individuals plunged more than 80% last year compared with pre-Covid levels as more wealthy Americans moved abroad.