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Category: PROPERTY

Posted on 08/02/2019

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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Posted on 07/02/2019

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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Posted on 07/02/2019

‘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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Posted on 07/02/2019

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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Posted on 06/02/2019

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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Posted on 04/02/2019

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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Posted on 04/02/2019

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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Posted on 03/02/2019

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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Posted on 31/01/2019

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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Posted on 29/01/2019

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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Posted on 28/01/2019

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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Posted on 28/01/2019

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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Posted on 25/01/2019

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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Posted on 23/01/2019

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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Posted on 21/01/2019

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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Posted on 21/01/2019

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 …
( read original story …)


Posted on 21/01/2019

Dubai property developers put bond plans on hold

Dubai’s Emaar Properties and state-owned developer Nakheel have put on hold plans to issue US dollar-denominated bonds, Emaar and sources familiar with the bond issues said, amid a real estate …
( read original story …)


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