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Category: PROPERTY

Posted on 03/02/2021

$19.8bln properties sold in Dubai in 2020; market up 270% from lowest level in May

Dubai’s real estate market is strongly recovering from its lowest levels, with buyers snapping up more than $19.8 billion worth of properties across Dubai for the whole of last year, the latest data …
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Posted on 02/02/2021

Dubai property market ‘on launchpad for 2021’ after $19.7bn sales

Official Dubai Land Department figures show real estate transactions recovered in late 2020 to increase to 35,400 …
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Posted on 02/02/2021

Dubai residential sales gain pace in Q4; rents down 12%

Dubai’s residential sector enjoyed a comparatively strong second half of 2020, supported by an increase in completed property sales and continued tenant demand across more-established villa …
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Posted on 02/02/2021

Dubai residential sales gain pace in Q4; rents down 12pc

Dubai’s residential sector enjoyed a comparatively strong second half of 2020, supported by an increase in completed property sales and continued tenant demand across more-established villa …
( read original story …)


Posted on 02/02/2021

POLL-Dubai house prices to drop at slower pace

Id=house-poll poll data * Reuters poll graphic on Dubai housing market outlook: tmsnrt.rs/3cghlBE Jan 31 (Reuters) – Dubai’s house prices are expected to fall at a slower pace this year and next than …
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Posted on 02/02/2021

Samir Arora to lead three Dubai properties as general manager for R Hotels

He is cluster general manager of The Retreat Palm Dubai MGallery by Sofitel, Ramada by Wyndham Downtown Dubai, and ibis Styles Jumeira Dubai …
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Posted on 01/02/2021

Abu Dhabi’s Aldar reveals big shake-up to drive ‘next phase of growth’

UAE’s largest developer says it is adopting a new operating model to focus on digital transformation and sustainability …
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Posted on 31/01/2021

Dubai house prices to drop at slower pace, says survey

Dubai’s house prices are expected to fall at a slower pace this year and next than previously thought as hopes for a successful vaccine rollout and an economic recovery boost confidence in the sector, …
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Posted on 31/01/2021

Dubai house prices to drop at slower pace

Dubai’s house prices are expected to fall at a slower pace this year and next than previously thought as hopes for a successful vaccine rollout and an economic recovery boost confidence in the sector, …
( read original story …)


Posted on 30/01/2021

Worst is over for Dubai real estate market

Dubai real estate sector looks set to stage a smart recovery this year due to speedy economic recovery, spending on infrastructure development, growth in trade and tourism sectors from the Abraham …
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Posted on 29/01/2021

UAE property market analysis, 2021 recommendations, and Q4 2020 results

UAE property sector stumbled in H1 but thrived in H2. Looking at 2021, there are avenues for more growth, albeit helped with tech, for both real estate buyers and sellers. In 2020, despite the major …
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Posted on 28/01/2021

Abu Dhabi’s residential property rental, sales ‘normal’ in 2020

When it comes to residential real estate, we at Property Finder predicted pent up demand from the beginning. Abu Dhabi trends …
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Posted on 28/01/2021

Abu Dhabi, Aldar Properties to develop capital projects worth $12.25bln

The Abu Dhabi Executive Council has approved a framework between Abu Dhabi Government and Aldar Properties for the development of capital projects in the emirate. The decision follows the …
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Posted on 27/01/2021

Lender FAB buoys Abu Dhabi as major Gulf markets rise

Major stock markets in the Gulf traded higher on Wednesday, with the Abu Dhabi index leading the gains, boosted by top lender First Abu Dhabi Bank.
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Posted on 25/01/2021

Why Dubai property agency has one billion reasons to be optimistic in 2021

Luxhabitat Sotheby’s International Realty has sold 70% of last year’s total sales in the first three weeks of this year …
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Posted on 25/01/2021

Revealed: 10 most expensive properties sold in Dubai in 2020

A villa in Dubai Hills was the most expensive property sold in Dubai last year, priced at Dh75 million followed by a Dh69 million villa in Sector L of Emirates Hills. According to an analysis by …
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Posted on 24/01/2021

Dubai prime house market records Dh29.5b deals in 2020

Dubai’s prime residential market recorded Dh29.54 billion worth of transactions in 2020 notwithstanding the challenges posed by the pandemic. Last year, transactions of more than 10,557 apartments and …
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