Insights
Discover the latest market insights and hear our expert opinion
In 2024, Dubai reinforced its position as a global hub for trade and investment through strategic initiatives and progressive policies. The Emirate’s economy demonstrated strong growth, with GDP expanding by 3.1% in
In 2024, Dubai set a new tourism record, welcoming 18.7 million overnight guests—a 9.1% increase from the 17.1 million visitors recorded the previous year. This growth aligns with the strategic vision of Sheikh Mohammed Bin Rashid Al Maktoum, as outlined in the Dubai Economic Agenda D33, which aims to position Dubai among the world’s top three global tourism destinations.
How can tenants know whether they are getting a good deal or not? How can investors determine whether the rent currently being paid on an existing property (the ‘passing rent’) is above or below the market? And how can existing owners know on what basis they should invest in renovating their properties?
In Dubai’s real estate market, making informed decisions is essential for both buyers and sellers. Whether you’re purchasing a luxurious villa, a commercial space, or even an off-plan property, property inspections and surveys play a pivotal role in ensuring that your investment is secure, and your transaction is transparent. In this article, we will dive into the critical importance of […]
Dubai’s real estate market is essential to its global appeal, driven by innovative developments and forward-thinking urban planning. One critical component of real estate valuation in this market is the concept of highest and best use (HBU). This analytical approach is not only fundamental to appraisals but also a tool for unlocking the full potential of properties in a rapidly […]
Dubai’s property sector thrives on ambition, innovation, and rapid growth. Amidst this dynamic environment, accurate and reliable property valuations are critical for informed decision-making by stakeholders. From multinational investors to local developers, stakeholders demand valuations that are objective, consistent, and transparent. This is where RICS (Royal Institution of Chartered Surveyors) valuations in Dubai stand out. With a global reputation built […]
