The residential real estate market in Dubai has demonstrated growth and resilience; the most recent data from ValuStrat shows notable increases in capital values in several different segments. The Dubai Residential Capital Values Price Index (VPI) saw a strong annual increase of 23.1 percent, reaching 164.1 points, with a monthly uptick of 2.1 percent, according to the February 2024 report from ValuStrat. According to the report, this increase in value is a reflection of the ongoing demand and investor confidence in the real estate market in the Emirate. The report also identified a noteworthy trend: compared to the prior year, capital gains for highly sought-after villas increased by an astounding 28%, with growth rates even higher in some areas like the Jumeirah Islands and Palm…
Dubai Real Estate
Reportage Properties, the leading UAE real estate developer, is holding a special sales day and a suhoor evening, at the Ritz-Carlton Abu Dhabi, Grand Canal, next Saturday, March 30. The company is making special offers on local and international projects, with a special Ramadan night. The “Reportage Properties” portfolio includes 33 projects in the UAE, Egypt, Turkey, Morocco and Saudi Arabia . Reportage confirmed their interest in providing more special offers and discounts on all projects, in a way that meets the aspirations of buyers and investors, whether inside or outside the UAE, which enhances the company’s sales in all local and global projects. “Reportage Properties” sales topped AED3.7bn ($1 billion) during 2023, compared to AED2.3bn…