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Has the fall in Dubai property prices come to an end?

Dubai’s residential property market is showing signs of plateauing after about 18 months of price decline. New figures from the consultancy ValuStrat show that there was “no significant change” in values of apartments and villas in the 26 areas that it monitored in December. It said that its ValuStrat Price Index remained constant at 97.9 […]

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Dubai one of worst performing global housing markets in Q1

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 […]

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Dubai property sales defy market predictions

Dubai: All talk of demand for property in Dubai being in terminal decline is greatly exaggerated, industry insiders said on the first day of the International Property Show. “In the first quarter of this year, Damac Properties is looking at somewhere north of Dh2.7 billion in off-plan sales — and that’s similar to what we […]