There are strong signs that the market is maturing, say experts The outlook for the coming year is further price increases but at a slower rate. Victor Besa / The National Neil Halligan Dubai’s residential property prices are expected to moderate this year, but the market shows no signs of letting up for the foreseeable […]
Dubai saw 88 deals totalling US$1.66 billion for homes worth over US$10 million in the first quarter, followed by Hong Kong with 67 deals worth US$988 million Dubai continues to be a magnet for the world’s wealthy, attracting 5,200 high-net-worth individuals last year, according to Henley & Partners Dubai’s ultra-luxury property market is booming amid […]
Dubai records Dh10.4 billion in weekly real estate transactions A total of 3,050 real estate transactions recorded during the week The DLD report showed that 189 plots were sold for Dh1.19 billion, 2,239 apartments and villas were sold for Dh5.11 billion. A total of 3,050 real estate transactions worth Dh10.4 billion were conducted during the […]
New UBS research shows Dubai real estate market is fairly valued compared to global peers after years of price declines. Dubai’s real estate market remains fairly priced compared to other major cities in the world after seeing six years of falling values after reaching a peak in 2014, according to new research. The UBS Global […]
JLL head of research Dana Salbak said that the tenants should ‘definitely’ push for lease negotiations in 2020 The JLL data shows that “primary” areas – such as Downtown Dubai and Dubai Marina – saw further declines but continued to perform above average, while secondary locations, such as Motor City, JVT and JVC, saw steeper […]
Chestertons delivers upbeat analysis on 2020 real estate prospects in Dubai amid slowing price declines and stabilizing rental rates. Dubai’s real estate market could be seeing the first signs of growing market confidence, according to new research. Chestertons said this is a result of a notable slowdown in apartment sales price declines and the stabilization […]
JLL’s latest UAE Market report revealed marginal declines of just 1 percent in both apartment and villa rents and sale prices in Dubai in Q3. Dubai’s residential real estate market is showing signs of stability with price declines slowing during the third quarter of 2019, according to JLL. JLL’s latest UAE Market report revealed marginal […]
The program is expected to help in absorbing the supply scheduled to come to the market According to Property Finder, the current short-term visas linked to employment hold back expats from investing and owning real estate in the UAE, with many opting instead to remit their savings back to their home countries. The UAE’s decision […]
LONDON: It has been almost half a decade since Dubai was awash with exuberance following its Expo 2020 bid win. The property pundits of the day predicted vast transformative effects for the emirate such as vertiginous property value hikes, sold-out hotels and a booming jobs market. But that was before the decline of oil prices, […]
We look into the impact of a sharp increase in housing deliveries this year. Dubai has seen a significant upsurge in new home handovers during the first half of the year, with 12,525 deliveries as opposed to 5,039 during the same period last year, according to data from REIDIN. Dubai Silicon Oasis had the most […]
