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{"id":31119,"date":"2024-01-11T10:07:31","date_gmt":"2024-01-11T10:07:31","guid":{"rendered":"https:\/\/konozgroup.net\/konozproperties\/?p=31119"},"modified":"2024-01-11T10:08:59","modified_gmt":"2024-01-11T10:08:59","slug":"property-prices-in-the-uae-are-expected-to-continue-rising-in-2024-amid-higher-demand","status":"publish","type":"post","link":"https:\/\/konozgroup.net\/konozproperties\/property-prices-in-the-uae-are-expected-to-continue-rising-in-2024-amid-higher-demand\/","title":{"rendered":"Property prices in the UAE are expected to continue rising in 2024 amid higher demand"},"content":{"rendered":"<p id=\"KngJYdEz24\">According to a consulting group, ValuStrat, average residential prices:<\/p>\n<p id=\"k7PSnvS8iS\">\u2013 In Dubai rose by 5% to 7%<\/p>\n<p id=\"skaWY8b3CY\">\u2013 In Abu Dhabi rose by 3% to 5%<\/p>\n<p id=\"_5VCY8SvPx\">In the next 3-4 months, the market will continue to be strong in terms of:<\/p>\n<ul id=\"tlRPEt4DaQ\">\n<li>Transactional Activity<\/li>\n<li>Price Appreciation<\/li>\n<li>Rental Increases<\/li>\n<\/ul>\n<p id=\"YhLv42kju9\">New units are expected in the market next year, but demand will outstrip supply, supporting prices. Will be ready for delivery:<\/p>\n<p id=\"HOR8TUfR5b\">\u2013 120,000 units in Dubai in the next 5-6 years with 20,000 to 30,000 units a year<\/p>\n<p id=\"0PAkg5MVWn\">\u2013 5,000 units in Abu Dhabi in 2024<\/p>\n<p id=\"OcYP7tMRqQ\">Largest investors according to the developer, Sobha Realty:<\/p>\n<ul id=\"RmHebcBmYz\">\n<li>India<\/li>\n<li>China<\/li>\n<li>UK<\/li>\n<li>CIS (Commonwealth of Independent States)<\/li>\n<li>Another European Countries<\/li>\n<\/ul>\n<p id=\"NUqVdZHixL\">Expected investments from Latin America, Mexico, and Canada will help grow the demand further.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a consulting group, ValuStrat, average residential prices: \u2013 In Dubai rose by 5% to 7% \u2013 In Abu Dhabi rose by 3% to 5% In the next 3-4 months, the market will continue to be strong in terms of: Transactional Activity Price Appreciation Rental Increases New units are expected in the market next [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,21],"tags":[],"class_list":["post-31119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-selling-properties","category-real-estate"],"_links":{"self":[{"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/posts\/31119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/comments?post=31119"}],"version-history":[{"count":2,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/posts\/31119\/revisions"}],"predecessor-version":[{"id":31121,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/posts\/31119\/revisions\/31121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/media\/31122"}],"wp:attachment":[{"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/media?parent=31119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/categories?post=31119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/konozgroup.net\/konozproperties\/wp-json\/wp\/v2\/tags?post=31119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}