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THE AFRICA REPORT
2024/25
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UAE
Top Stories
UAE
265,000 sq.ft of new office demand in Dubai during Q3
Office rents in the UAE’s two largest business hubs – Dubai and Abu Dhabi – remain resilient, however demand for Grade A office space is continuing to rise, along with occupancy levels, according to…
2 years ago
UAE
GCC Buyers Queue Up to Buy New York's Resurgent Super Prime Real Estate
New York - known as “the city that never sleeps” - has certainly been wide awake this year when it comes to its property market. The market has seen a resurgence in super-prime sales following the…
2 years ago
Research
Liberalisation across the UAE gathers pace
Making sense of the latest trends in property and economics from around the globe.
One year ago
UAE
Burj Khalifa sales on rise as Downtown demand increases
Downtown Dubai is fast becoming an 'affordable' luxury homes market with global appeal.
One year ago
UAE
Dubai Prime residential market set for world’s strongest growth in 2023
Prime residential prices in Dubai, which encompass the neighbourhoods of The Palm Jumeirah, Emirates Hills and Jumeirah Bay Island, are set to experience the strongest price growth globally.
2 years ago
UAE
Dubai residential values up 89% in 12 Months
Market outlook stays upbeat as second home buyers in premier districts fuel demand.
2 years ago
UAE
UAE hotel pipeline expands to 48,000 rooms
The delivery of the planned hotel room supply is forecast to cost approximately US$ 32bn.
2 years ago
Latest News
UAE
2022 shaping up to be record year for ultra-prime residential sales in Dubai
Residential values in Dubai have continued to rise during Q2 and are now 10.1% higher than last summer.
2 years ago
UAE
Dubai Prime residential values surge by 59%
Ultra-Prime boom continues as villa prices keep rising.
2 years ago
UAE
Dubai Ultra-Prime home sales hit new record
Ultra-Prime homes sales have reached record levels in Dubai with high demand from international buyers.
2 years ago
Middle East
Dubai luxury residential market continues growth
Dubai's luxury residential market is going from strength to strength as residential prices in the worlds tallest building, the Burj Khalifa, climbed 23% last year.
2 years ago
Middle East
Record sales as UAE residential market bounces back
New record of 54 US$ 10m+ homes sold in Dubai as villa prices up 16.5% year on year and Abu Dhabi residential values climb.
3 years ago
Middle East
Record Dubai home sales as residential market bounces back
Residential property values in the United Arab Emirate's two largest cities, Dubai and Abu Dhabi, have expanded at their fastest pace since 2015.
3 years ago
Middle East
281% jump in investment in Saudi Arabia’s industrial sector
Warehousing demand, fuelled by e-commerce sector, has seen SAR 20.5bn investment in the last 12 months.
3 years ago
Middle East
The coronavirus pandemic has driven a shift in attitudes amongst Middle East home buyers
Knight Frank survey shows 50% of buyers say energy efficiency is ‘very important’ for their next home purchase whilst proximity to green space and good air quality are the most important location…
3 years ago
Middle East
Residential mortgages issued in Kingdom of Saudi Arabia rising
The number of residential mortgages issued in H1 is up ten times on H1 2016, whilst prime office rents in Riyadh recover to pre-Covid levels and foreign business investment licenses hit a record…
3 years ago
UAE
Saudi Vision 2030 results in close to US$1 trillion of real estate and infrastructure projects
Saudi Arabia’s Vision 2030 has resulted in close to US$1 trillion of real estate and infrastructure projects being announced across Saudi Arabia since 2016.
3 years ago
Middle East
Saudi Arabia Market Review - Q2 2021
Retail rents remain under pressure across the Kingdom and Grade A offices in Riyadh see rental increases.
3 years ago
Middle East
Palm Jumeirah house prices reach a record high
Villa prices climb to AED 3,250 psf in Q2 Highest number of villa sales recorded since 2014 Most apartments sold since Q3 2015
3 years ago
Property Sector
Headline office rents across Dubai start to stabilise
The technology-media-telecoms The UAE Companies’ Law
3 years ago
World Regions
Demand for luxury real estate in Dubai continues to surge
Prime and super-prime transaction volumes continue to grow in property hotspots such as the Palm Jumeirah, as the luxury home sales increase in Dubai mirrors emerging trends seen in global cities,…
3 years ago
Middle East
Dubai house price increases fastest since 2014
Average transacted prices rise by almost 1% during Q2 whilst AED 20 million home sales at highest level since 2015.
3 years ago
Middle East
KSA Real Estate Market Review | Q1 2021
- Saudi Arabia’s office market remains subdued amid the COVID-19 pandemic - Aligned with 2030 vision, the residential market in Saudi Arabia continues to grow - Saudi Arabia’s retail market remains…
3 years ago
Middle East
Flight to quality driving prime office rents in Abu Dhabi
- 3 out of 5 submarkets register office rent rises in Q2- Occupancy levels remain steady at 79%- New space requirements in Q2 climbs to 11,260 sqm
3 years ago
Middle East
Sustainability agenda becoming mainstream as occupier activity rises in Dubai’s office market
- 14 out of 26 submarkets experience rental stabilisation during Q2- The Greens see biggest rental gain over the last 12 months, with prime headline rates rising by 6%- Dubai Media City office rents…
3 years ago
Research
Midweek property news update - 30 June
The taper arrives, a new Dubai and European investors seek sun in Australia
3 years ago
Middle East
USD 10 million-dollar home sales boom in Dubai could signal start of new ‘Roaring Twenties’
22 USD 10-million homes sold between January and May 2021 AED 2.8b (USD 770m) worth of homes sold in this price bracket during first five months of 2021 Luxury home sales surge in Dubai mirrors…
3 years ago
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