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Home Prices In Dubai: So far, the boom has been underpinned by an influx of wealthy investors such as Russians seeking to shield their assets, crypto millionaires and rich Indians seeking second homes.
(Bloomberg) -- Just nine months after buying their first property in Dubai, Dina Habib and Karim Yusuf are already planning their next move within the city. Most Read from BloombergTesla Plans Revamp of Smash Hit Model Y From China PlantChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerApple’s iPhone Design Chief Enlisted by Jony Ive, Sam Altman to Work on AI DevicesHow Were So Many Economists So Wrong About the Recession?Apple to Fight Watch Ban in Court After White House Decline
The Egyptian couple, who spent eight years renting in the emirate, are selling their two-bedroom apartment in the Jumeirah Village Circle district on the edge of Dubai for a 26% premium over the 1.7 million dirhams ($460,000) they paid for the property in March.
The Dubai Financial Market (DFM) has successfully concluded its final International Investor Roadshow of the year in New York. Marking its second appearance in the city in 2023, the event garnered significant interest from major international institutions
Emaar Development's net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn)