Latest news with #Betterhomes'
Hi Dubai
12-05-2025
- Business
- Hi Dubai
Dubai Tenants Demand Professionally Managed Properties, Betterhomes Survey Finds
Dubai tenants are increasingly prioritising professionally managed properties, according to Betterhomes' latest white paper, 'The Value of Professional Property Management: Tenant Insights & Market Trends.' Based on a comprehensive tenant survey, the findings reveal that 75% of respondents currently live in a professionally managed property, citing faster maintenance, clearer communication, and smoother living experiences as key benefits. The results confirm what we've seen in the market, tenants today demand professional property management, said Niral Jhaveri, Director of Property Management at Betterhomes. It's no longer just about collecting rent; it's about delivering an exceptional living experience. The data highlights clear preferences: 83% of tenants expect maintenance issues to be resolved within 24 hours, while 54% have rejected properties that lacked professional management. In fact, 72% of tenants who experienced both managed and non-managed homes said professional management significantly improved their rental experience. Betterhomes' own managed portfolio reflects this growing demand, achieving a 96% occupancy rate. The study also found that 69% of tenants have considered moving out due to poor maintenance, and 42% are willing to pay a higher rent for a managed property with 24/7 support. An additional 32% said they are somewhat open to paying more, showing strong potential for value-driven pricing. As expectations continue to rise, property owners who invest in professional management are more likely to reduce turnover, attract quality tenants, and maximise long-term profitability. For landlords seeking to stay competitive in Dubai's evolving rental market, the message is clear: professional property management is no longer optional, it's essential. For more information, visit our website at News Source: Betterhomes
Mid East Info
21-03-2025
- Business
- Mid East Info
Betterhomes' Top Buyer Nationalities in 2025: Egyptians, a Rising Force in Dubai's Real Estate
Betterhomes' Top Buyer Nationalities in 2025: Egyptians, a Rising Force in Dubai's Real Estate Dubai's real estate market continues to attract a diverse global audience, with Betterhomes' latest data revealing key shifts in buyer demographics. In 2025, Indian, British, and Italian investors led the way in residential property purchases, followed by buyers from Russia and Pakistan. Notably, Italian buyer activity surged by 22%, while Egyptian investors saw an extraordinary 150% increase compared to 2024. This sharp rise underscores growing international confidence in Dubai's dynamic real estate sector. Beyond these top five nationalities, demand remains strong from buyers across Lebanon, Iran, and other key markets, reaffirming Dubai's status as a premier global investment destination. 'This year, we've seen a clear shift in buyer demographics, with a significant rise in Egyptian and Italian investors. Many of our Egyptian clients are seeking stability amid currency fluctuations, while Italians are drawn to Dubai's tax advantages and luxury lifestyle. It's not just about buying property—it's about securing their future in a globally recognised market' said Christopher Cina, Director of Sales at Betterhomes. In recent years, Dubai has become a top destination for Egyptian investors seeking financial security, high returns, and long-term growth. Several factors are driving this trend: Hedging Against Currency Devaluation – With the Egyptian pound facing depreciation, many investors are turning to Dubai's dollar-pegged real estate market as a safe haven for wealth preservation. High Rental Yields & Capital Growth – Dubai offers some of the highest rental yields in the region, often ranging from 6-8%, along with strong capital appreciation potential in prime locations. Golden Visa & Residency Incentives – Investors purchasing properties worth AED 750,000 ($204,000) or more can qualify for long-term residency, offering greater mobility and business opportunities. Ease of Ownership & Tax Benefits – Unlike some markets, Dubai allows 100% freehold ownership for foreigners and has no property taxes, making it a more investor-friendly environment. Business & Lifestyle Appeal – As a global hub, Dubai attracts Egyptians seeking both investment and lifestyle advantages, from world-class infrastructure to ease of doing business.
Zawya
27-02-2025
- Business
- Zawya
Betterhomes awarded Best Real Estate Agency in Arabia at the International Property Awards
Betterhomes, Dubai's leading real estate agency, has been named the Best Real Estate Agency 2-4 Offices in Arabia at the International Property Awards, held last Thursday at The Savoy, London. This remarkable achievement comes after Betterhomes secured the title of Best Real Estate Agency 2-4 Offices and Best Lettings / Rentals Agency in Dubai in November 2024, propelling the company to the regional finals. The International Property Awards, now in their 30th year, celebrate excellence across the global property industry, recognising companies that demonstrate exceptional service, innovation, and industry leadership. Competing against the top real estate firms across the region, Betterhomes' victory solidifies its position as a trailblazer in the Arabian property market. Founded in 1986, Betterhomes has grown into one of the largest and most trusted real estate companies in the UAE, with over 300 agents and a portfolio spanning residential properties and new developments. The company's dedication to excellence and client-first approach has made it a cornerstone of Dubai's real estate landscape. Betterhomes' global reach is strengthened by its affiliation with Leading Real Estate Companies of the World, giving clients access to a worldwide network of over 550 premier real estate firms in more than 70 countries. This strategic partnership ensures that Dubai properties are showcased to high-net-worth buyers and investors across the globe. 'Betterhomes' recognition at the International Property Awards underscores its influence and leadership in one of the world's most dynamic property markets. With a legacy of nearly four decades, we remain committed to setting new benchmarks, connecting clients with their dream homes and investment opportunities across Dubai and beyond,' said Louis Harding - CEO of Betterhomes.
Zawya
06-02-2025
- Business
- Zawya
Dubai's property market kicks off 2025 with a bang: AED 35bln in sales
Dubai's real estate sector maintained its upward momentum in January 2025, closing the month with 13,019 sales transactions totalling AED 35 billion. This marks a 5% month-over-month (MoM) increase in value from December 2024, reinforcing the market's resilience and continued investor confidence. Off-plan properties continue to dominate, accounting for 56% of total sales. This trend highlights the strong demand for newly launched projects and is expected to persist throughout the year. Leading developers in the off-plan sector, based on total sales value, include Emaar, Sobha, and Danube. By the end of January, the average price per square foot stood at AED 1,484, reflecting a 0.57% MoM dip, a slight market correction following December 2024's highs. According to Betterhomes' internal data, the average property selling prices in January 2025 were: AED 1.75 million for apartments AED 2.67 million for townhouses AED 7.18 million for villas The start of 2025 also witnessed a 56% MoM increase in buyer leads, signalling strong demand. The majority of Betterhomes' sales transactions were driven by mortgage financing, with investors playing a key role in market activity. The most sought-after apartment communities at Betterhomes in January 2025 were: Jumeirah Lakes Towers (JLT) Business Bay Dubai Marina For villas, the top-performing areas were: Dubailand Arabian Ranches Damac Hills 2 Dubai's property market remains on a strong growth trajectory, supported by sustained buyer demand, competitive financing options, and an active off-plan sector. With investors and end-users alike continuing to engage in the market, 2025 is poised to be another dynamic year for real estate in the emirate.
