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Rental and sales trends in Dubai + the Northern Emirates in 2Q 2024, according to Asteco
Annual growth rates in Dubai’s rental market slowed to single digits in 2Q 2024, according to the report
Non-oil business activity slows to a three year low in July
Plus: Dubai’s PMI slipped to 52.9 last month
Dubai and Abu Dhabi rents inflate in 2Q 2024 due to limited supply and rising demand
The emirates’ rental markets saw demand outweigh supply
Rental value growth in Dubai is the highest in the world, according to Savills
The emirate logged a 12.1% increase in rental value during the first half of the year
Franklin Templeton launches seven feeder funds in the DIFC
The feeder funds will be available through locally licensed promoters
Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments
The developer will build its first commercial development in Dubai by 4Q 2027
Prices are still on the rise in the commercial property market amid heightened demand
Some 29k sqm units were introduced in Dubai and Abu Dhabi during 2Q
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