Real Estate Trends

Dubai, Abu Dhabi cost-of-living surges in global rankings: Report

Dubai now holds the 18th spot, while Abu Dhabi is at the 43rd position on the Mercer’s Cost of Living 2023 survey. The Mercer’s Cost of Living 2023 survey has revealed that Dubai and Abu Dhabi have moved up in the rankings in terms of cost-of-living. Dubai now holds the 18th spot, while Abu Dhabi is at the 43rd position. Despite these changes, the UAE’s...

Abu Dhabi Real Estate Market: Apartment Rents Dip, Villa Prices Hold Steady in Q1 2023

In the year leading up to March 2023, average apartment rents in Abu Dhabi witnessed a marginal decrease of 0.7%, while villa prices saw a modest growth of 1.1%, according to CBRE's UAE Real Estate Market Review for Q1 2023. The report highlights that both apartment and villa sales prices increased over the year, with apartments experiencing a 1.4% growth and villas registering a 1.6%...

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