Dubai and Abu Dhabi rents inflate in 2Q 2024 due to limited supply and rising demand
The emirates’ rental markets saw demand outweigh supply
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The emirates’ rental markets saw demand outweigh supply
Badr Salim Al Olama will serve as the Abu Dhabi Investment Office’s director general
The fund will focus on investing in technologies geared towards water and food security
Some 29k sqm units were introduced in Dubai and Abu Dhabi during 2Q
Plus: The UAE’s economy is expected to grow 3.7% in 2024, a Reuters poll suggests
Prices for luxury villas rose by up to 10%, while rentals for luxury apartments surged 21%
The company selected Citigroup and FAB to advise on the planned IPO
Construction was the largest contributor to non-oil GDP growth
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