Lessons Learned: Dubai Development Delays Halved in 2024
According to an analysis by Tranio, based on data from the Dubai Land Department, developers in Dubai have made significant strides in reducing construction delays. The median delay has decreased from 7 months in 2022 and 4 months in 2023, to just 2 months in 2024.
Dubai's Property Market Report: Strong Growth and Sustained Positive Trend in February 2024
The Tranio team continues to analyse statistics on off-plan property deals based on data from the Dubai Land Department. The number of transactions in February is steadily increasing.
Dubai Property Market Update: reports of a slowdown in demand for off-plan properties in Fall 2023 were premature
Following Bloomberg, numerous analysts observed a decline in activity in Dubai's off-plan residential market in Fall 2023, which some experts attributed to a drop in demand from Russian HNWIs (high net worth individuals).
Russian-speaking buyers of overseas real estate – 2023
As of the beginning of 2023, the activity of Russian-speaking property buyers in various foreign countries has more than doubled compared to activity levels at the beginning of 2022.
Statistics: In 2022, Russians bought up thousands of apartments in Turkey, Georgia, and Dubai
The authorities of Turkey and Georgia reported a record number of real estate deals concluded by Russians in these countries during the 12 and 9 months of 2022, respectively. The high activity of buyers from Russia was noted by official sources from Thailand and Spain based on the data on registration of ownership rights in 2022.