Longer Visas Could Prop Up Sickly U.A.E. Property Markets

As homebuilders in Dubai and Abu Dhabi think up extravagant incentives to shake the property market out of its long slumber, the government will offer potential buyers something the companies can’t: the right to stick around. A decision to extend visas ... ( read original story ...)

UAE’s 10-year visa expected to boost property market

The UAE’s property market is expected to be a key beneficiary of a new 10-year visa system announced on Sunday, investors and developers said. Trading of property stocks rose in Dubai and Abu Dhabi in early trading on Monday, with Dubai’s Emaar ... ( read original story ...)

Flagship Dubai project 1/JBR set for end-2019 handover

Dubai Properties has said that its flagship project 1/JBR - taking shape on one of the final plots of land in the Jumeirah Beach Residence (JBR) district - is on track for handover by the end of 2019. The deveoper said in a statement that 1/JBR will "set ... ( read original story ...)

Buy or Rent a Home in Dubai?

However, rents are expected to see an uptick in 2019 and 2020. Market observers, therefore, believe now is an ideal time to buy property in Dubai before the US Federal Reserve increases interest rates, forcing mortgage buyers in the UAE to shell out more ... ( read original story ...)

Damac nears completion of Dubai tower construction

offering an immediate move-in experience in one of Dubai’s most sought-after areas,” said Ali Sajwani, general manager of operations at Damac Properties. “We are looking forward to adding Tower 108 to our growing portfolio of completed towers that ... ( read original story ...)

HSBC launches home loans for Abu Dhabi properties

Abu Dhab: HSBC on Tuesday launched home loans for select properties in Abu Dhabi in response to increased demand from customers. Eligible prospective home buyers interested in the Abu Dhabi market will be able to secure home finance with HSBC for completed ... ( read original story ...)

China’s Fidu Properties opens office in Dubai

Leading Chinese real estate group has opened its regional office in Dubai, UAE. The launch of the company's 8000-sq-ft unit at Emaar Square Downtown, coincides with its prominent participation in Dubai Expo 2020. With this move, Fidu has now officially ... ( read original story ...)

Dubai 2.0 has arrived

Off-plan sales played a large role in pushing Dubai’s overall property transactions to a whopping Dh258 billion in 2017, a 10 per cent increase from the previous year. But as we approach the middle of 2018, amidst the launch of several new off-plan ... ( read original story ...)