Read more

Dubai property rents, prices to fall further over next 12 months – JLL

New report says developers are focused on the sale of existing inventories in Dubai by offering increasingly generous payment plans to investors Despite the introduction of 10-year residency visas for certain categories of retirees, the residential market has continued to soften. Further declines in Dubai property rents and sale prices are projected over the next […]

Read more

Dubai property prices forecast to rebound in 2017

Dubai’s residential real estate market, which has seen price declines for the past year, is likely to witness a rebound in 2017, according to a new report. KPMG’s review of Dubai’s property market predicted that while 2016 may be a “challenging year” due to a number of internal and external factors, the market should see […]