Dubai was one of the worst-performing housing markets in the first quarter of 2015, according to new research. Knight Frank’s Global House Prices Index scored the city 53rd out of 56 locations monitored – one place lower than Greece but higher than China, Cyprus and Ukraine. Property prices in the emirate fell by 6.1 per […]
Dubai: The lack of demand for luxury properties, weakening of oil prices and strengthening of the US dollar are causing house prices in Dubai to fall. Reidin announced on Monday that the residential property sales price index in Dubai fell in April 2015 compared to a year earlier, as asking prices for properties registered a […]
Major Dubai real estate developers are planning projects that include affordable housing units Dubai-based real estate developer MAG has announced a project of over 1,000 residential units in the Dubai World Central area near Al Maktoum International Airport. MAG 5 Boulevard is a joint venture with MBM Holding and will include studios starting from 449,000 […]
