Monthly Report | Dubai Real Estate Market – Residential | December 2023

January 17th, 2024|

In the month of December 2023, the total number of residential transactions amounted to 4,997, marking a notable 37% decrease when compared to the previous month's figures. This decline was particularly pronounced in the off-plan transactions segment, showcasing a significant and noteworthy 65% month-on-month decrease. On the other hand, transactions involving ready properties experienced a 14% decrease during this period.

Dubai Residential Market Report – Week 1, January 2023

January 10th, 2024|

During the 1st week (29th December 2023 – 04th January) of January 2024, Dubai's real estate market faced a downturn, witnessing a 13% decline in residential transactions compared to the previous week 52 of December 2023  totalling 646. However, this led to a significant 29% rise in the overall transaction value, amounting to AED 1.73 billion.

Why and Who Needs Valuation? Property Valuations for Financial Reporting.

December 13th, 2023|

Property Valuations for Financial Reporting Purposes: Property valuations play a pivotal role in the landscape of financial reporting, serving as the cornerstone for precise and transparent representations of a company's asset portfolio. In this comprehensive guide, we delve into the significance, methodologies, and impact of property valuations on financial statements, elucidating their critical role in informed decision-making within the financial realm.

Weekly Report | Dubai Real Estate Market – Residential | Week 49 – December 2023

December 11th, 2023|

The number of transactions recorded in week 48 was notably low, primarily attributed to the holiday period. Only 72 transactions were registered during the 48th week. However, the subsequent week, week 49, exhibited a return to normalcy with a substantial increase in transactions.

Property Valuation in Dubai: Importance & How to Request | Expert Guid 2023-24

December 5th, 2023|

A property valuation is an assessment of your property’s value, based on the location, condition and segment of properties and multiple other factors. Your valuation will be carried out in person by a professional surveyor who will take notes and photographs, Property coordinates, nearby areas, etc… and then send you a valuation report.

End-of-Year 2023 | Valuation of your UAE property or business asset portfolio for financial reporting

November 28th, 2023|

Year 2023 is nearby ending, as an investor it's the perfect time to consider an end-of-year valuation for your UAE property or business asset portfolio for financial reporting . With over 45+ years of expertise valuing properties and business assets across the region and regulated by RICS and RERA, Reliant Surveyors valuation and advisory team specialize in providing the latest market data trends with an accurate value that reflects the dynamic of UAE real estate market and businesses, helping you to shape your strategies for informed decision-making and well prepare for tax season.

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