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Dubai’s Population Boom Fuels Surging Demand for Residential Real Estate

​In the early months of 2025, Dubai's real estate market is experiencing heightened demand, primarily driven by rapid population growth. The city's population has risen to approximately 3.85 million, with expatriates constituting 87% of this figure. This influx has led to a 16% increase in rents over the past year. In response, developers are accelerating new project launches to cater to the growing...

From Hidden Gem to Investment Powerhouse: RAK’s Real Estate and Business Boom

Ras Al Khaimah is rapidly emerging as a global investment hub, attracting businesses and investors with its pro-business policies, strategic location, and robust infrastructure. The emirate has positioned itself as a key destination for sectors such as tourism, real estate, and manufacturing, supported by investor-friendly regulations and tax incentives. Major developments like the Wynn Resort, the first...

Dubai’s Property Boom Continues with 17% Monthly Growth in Sales, Prices, and Investor Activity

​Dubai's real estate market continues its upward trajectory, with average property prices increasing by 75% since February 2021, reaching AED 1,750 ($476.50) per square foot. This surge has been driven by economic resilience, liberalized visa policies, and a growing population, leading to a 50-month price rally. Despite these gains, the rapid growth has introduced challenges for residents, including a...

RAK Properties Reports 40% Revenue Growth in 2024, Reinforces Focus on Reinvestment for Long-Term Growth

​In 2024, RAK Properties achieved a record 40% revenue growth, reaching Dh1.4 billion, up from Dh1 billion in 2023. This robust performance reflects the company's strategic initiatives and the burgeoning real estate sector in Ras Al Khaimah. The emirate's real estate market witnessed a remarkable 118% increase in total transactions, soaring to Dh15.08 billion in 2024 from Dh6.94 billion in 2023....

Dubai Tenants: Know Your Rights on Security Deposit Refunds and Deductions

​In Dubai, landlords customarily collect a security deposit at the start of a tenancy to cover potential maintenance costs upon lease termination. According to Article 20 of the Dubai Rent Law, landlords are obligated to refund this deposit, or any remaining portion, to the tenant upon the lease's conclusion. ​ Tenants are required to return the property in the same condition as received, accounting...

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