Falling rents in the UAE are a good reason to move into a brand-new apartment or villa in a desirable location. However, independent studies and reactions from real estate companies, property builders …
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Dubai property glut on show in worst week for stocks since 2016
Dubai stocks are giving investors an update on the woes confronting the local real-estate industry. The DFM Real Estate & Construction Index has fallen about 7% in the past five days, the biggest week…
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Ups and downs of real estate essential for market maturity
Dubai’s real estate market has always been one of the cornerstones of this country’s success. Whether you’re talking about architectural feats such as the Burj Khalifa or the probability that you boug…
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‘Suits’ star Gabriel Macht features in tongue-in-cheek Dubai real estate advert
A new Dubai Properties advert has landed, starring none other than Suits’ Gabriel Macht aka Harvey Specter. And in the advert, which advertises a new Jumeirah community of luxury homes called Madinat …
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Homefront: ‘What deposit do I need to secure a mortgage in the UAE?’
SM, Dubai At the end of 2013, the UAE Central bank changed its lending criteria which meant an expatriate could secure 75 per cent of a home’s value in mortgage finance for a ready property up to the …
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Affordability key to UAE’s residential property market
Affordable housing is set to gain traction in the UAE as property developers shift their focus to this segment by targeting the middle-income population in a bid to double their share in total real es…
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MIDEAST STOCKS-FAB elevates Abu Dhabi, COMI lifts Egypt
Abu Dhabi closes at highest in more than four years * ADCB reaches its highest in more than 13 years * Property stocks continue to slide in Dubai * Egypt bule-chip index rises for eighth straight day …
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UAE site Bayut’s parent company closes $100m funding round
Emerging Markets Property Group (EMPG), the parent company of UAE property website Bayut.com, closed a $100m investment in its latest and largest round of funding, it announced on Sunday.
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Off-plan residential property sales in Dubai fell by 30% in 2018
Off-plan real estate sales in Dubai’s residential property market dropped by 30 per cent year-on-year in 2018, according to a new report by consultancy Core. The report stated that while off …
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Avalanche of new homes in Dubai extends property slump
Zainab Fattah Dubai’s homeowners will have to wait at least a couple more years for a long-running property slump to hit bottom as developers put a record number of new residences on the market this y…
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Housing prices in Abu Dhabi note decline in 2018
while apartment prices within Abu Dhabi investment zones – areas that non-UAE nationals can buy property in – dropped by 5.8%. Activity in the UAE capital’s real estate sector will “remain subdued” du…
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Abu Dhabi real estate market likely to soften in H1
Abu Dhabi’s real estate market faced key challenges last year and with flight-to-quality and market corrections continuing this year as well, the market activity was likely to remain subdued during th…
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Dubai’s Property Slump Has Another Two Years to Run
Dubai’s homeowners will have to wait at least a couple more years for a long-running property slump to hit bottom as developers put a record number of new residences on the market this year. About 31, …
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Dubai Property Market Report Revealed
· The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities Cavendish Maxwell, a leading property consultancy and chartered surveying firm headquartered in Dubai …
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DAMAC chairman calls bottom for Dubai property market, sees value in Brexit
DAMAC Properties Chairman Hussain Sajwani sees at least two years of recovery ahead before Dubai’s property market fully rebounds. The UAE’s commercial hub has suffered a bruising year, with Dubai’s s…
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UPDATE 1-Dubai property developers put bond plans on hold -sources
DUBAI, Jan 21 (Reuters) – Dubai’s Emaar Properties and state-owned developer Nakheel have put on hold plans to issue U.S. dollar-denominated bonds, Emaar and sources familiar with the bond issues said …
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Dubai property developers put bond plans on hold – sources
DUBAI, Jan 21 (Reuters) – Dubai’s Emaar Properties and state-owned developer Nakheel have put on hold plans to issue U.S. dollar-denominated bonds, Emaar and sources familiar with the bond issues said …
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