Low cost, off-plan properties with attractive payment terms have helped to drive transactions up by 24 per cent so far this year.
That's according to data by Property Finder, which showed more than 18,800 sales of units priced under AED 1.5 million, between January and September of this year.
The softening of prices across the real estate market is proving popular for budget-conscious investors.
The secondary market, however, saw more sales of properties priced at over AED 5 million.
UAE President meets German business leaders during state visit
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with German business leaders and company executives during his state visit to Germany.
UAE President attends Germany-UAE Business Forum
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has attended the Germany-UAE Business Forum in Munich, as part of his state visit to Germany.
Al Maktoum International Airport to open second runway in 2027
Al Maktoum International Airport (DWC) will open a second runway in 2027, marking a "new milestone", confirmed Dubai Airports CEO, Paul Griffiths, adding that it will eventually have five runways once fully completed with capacity for up to 260 million passengers a year.
UAE to strengthen position in BRICS at upcoming summit
The UAE aims to expand its economic and trade partnerships at the upcoming 18th BRICS summit as a full member since 2024.
UAE retailers trial dirham-pegged Stablecoin payments
Shoppers at two major retail outlets in the UAE can now pay using dirham-pegged stablecoin as part of a pilot.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
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Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
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