The UAE’s affordable luxury real estate sector is experiencing significant growth, with a 34% surge in transaction values in 2024 and forecasts indicating a 5-10% increase in property launches targeting this segment in 2025. Dubai’s luxury market saw a 26% year-on-year increase in transaction prices for apartments in sought-after areas, reflecting a maturing market with balanced supply and demand. Projections suggest the market will maintain a 2.28% annual growth rate from 2025 to 2029, reaching an estimated value of AED 2.79 trillion by the end of the decade, driven by strong economic policies and urban development strategies.
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Hamas Does Not Respond to Renewed Israeli Attack on Gaza
Israel launched a massive bombing campaign in Gaza, resulting in over 400 deaths; Hamas has not launched a discernible counterattack, focusing on regrouping and preparing for potential ground invasion. Despite Israel's efforts to pressure Hamas to release hostages and dismantle its military wing, Hamas remains unwilling to surrender and end the war permanently. The group's strategy involves assessing Israel's intentions before deciding on a response, emphasizing the importance of maintaining its military capabilities in Gaza....
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