In 2024, Dubai’s real estate market continues to break records as property prices surge due to robust demand, new inventory, and the city’s appeal to high-net-worth individuals attracted by economic prospects and tax policies. Transaction prices for apartments and villas in sought-after areas have risen significantly, with notable spikes in affordable options like Dubai Silicon Oasis and luxury areas like Dubai Marina. Return on investment trends show high yields in areas like Dubai Investments Park and Jumeirah Village Circle, while rental prices across all segments have seen substantial increases, especially in centrally-located properties and suburban communities.
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Israel and Hamas Work on Final Details of Gaza Cease-Fire Deal, Officials Say
Mediators are working to finalize a cease-fire deal between Israel and Hamas to release hostages in Gaza after a year of devastating war. Both sides have not publicly endorsed the agreement, with Israel and U.S. officials awaiting a final response from Hamas. Negotiations in Qatar are addressing issues like redeployment of Israeli forces in Gaza, prisoner exchanges, and preventing armed fighters from returning to northern Gaza. Full Article
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