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.
Full Article
Israelis Take to Streets Day After Strikes on Gaza
In Jerusalem, Israelis protested against Prime Minister Benjamin Netanyahu's actions undermining democracy and called for a renewed cease-fire in Gaza to release remaining hostages, following deadly attacks ending a truce with Hamas. National solidarity during the war in Gaza is deteriorating amid accusations of Netanyahu prioritizing political survival and right-wing interests. Protesters disrupted traffic, mirroring past unrest, sparked by concerns over government power abuses and loyalty-based appointments, prompting opposition leader Yair Lapid to call for...
Read more