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Dubai’s buoyant real estate market is on course to surpass annual sales of more than AED500 billion for the first time following another record-breaking month. Total sales in 2024 up to the end of October amount to AED435.6 billion from 150,651 transactions, eclipsing the previous high of AED409.8 billion from 132,628 property sales set last […]
Real estate brokerage firm “AMK Vision” has announced rapid growth in Dubai’s property market, achieving sales of half a billion dirhams in less than two years. The company also recorded strong economic achievements in the first half of 2024, with a 25% increase in sales volume compared to the same period last year. AMK Vision’s […]
JLR reports growing demand for plug-in hybrid models, with retail sales for the first half of the financial year up 29% compared to the prior year, as more customers use the technology as a stepping stone towards battery electric vehicles (BEV). For the Range Rover brand, PHEV retail sales were up 47% in the first […]
Shoppers are making more and more purchases from smartphones – both the share and total volume of such sales are growing. The mobile app growth platform, Mobmio, estimates that in the first half of 2024, the number of mobile purchases will grow by more than 15% globally and by more than 20% in MENA. Brands […]
Dubai’s real estate market has experienced another strong month, with property sales in August totalling AED 47.3 billion, a 40.8% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month’s total of 16,159 transactions represented a 36.9% increase in volume over August 2023, while […]
Dubai’s real estate market has enjoyed another bumper month, with property sales in July reaching a new peak for 2024 at AED 49.6 billion, a 31.63% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month’s total of 15,994 transactions represented a 43.2% increase […]
The HIMA Group, a family-owned company and leading provider of safety-related automation solutions, has concluded the most successful financial year in the company’s history with the 2023 fiscal year. The global presence and solution portfolio for the process industry and railway technology will be further expanded. In 2023, HIMA generated sales of 151.4 million
Award-winning developer Barratt London has revealed a surge in buyers from the GCC investing in properties in the outer boroughs of London as mortgage rates steadily become more attractive. The weak British pound against the US dollar also continues to attract interest from the region due to impressive yields and long-term growth potential. Research from […]
A Q1 market overview report published by Espace Real Estate has analysed sales and rental activity across the villa, townhouse, and apartment market in Dubai during the first three months of 2024. Tracking 30 communities and concentrating solely on the residential sector, the report shows a strong start to the year for the award-winning real […]
Art Basel and UBS publish today the eighth edition of The Art Basel and UBS Global Art Market Report 2024, authored by cultural economist Dr. Clare McAndrew of Arts Economics. The annual report provides a comprehensive, macro-economic analysis of the state of the global art market in 2023 and analyzes the impact of global economics […]