Homing in on posh Dubai property

Amid all the buzz on affordable housing, Dubai's luxury property seems to be holding its own. And there are ample takers for higher priced properties in Dubai as well. In the first three months of 2017, transactions of Dh1 million and more made up 64 per ... ( read original story ...)

Dubai Real Estate Market Conditions Remain Soft in Q1 2017

JLL released its Q1 2017 Dubai Real Estate Market Overview report which assesses the latest trends in the office, residential, retail and hotel sectors. While the first quarter of 2017 has seen a further softening in the hotel and retail sectors of the ... ( read original story ...)

Abu Dhabi’s Mubadala, Eshraq Properties mull real estate JV

Abu Dhabi-based investment firm Mubadala Development Company has signed an agreement with local developer Eshraq Properties to explore the possibility of setting up a new real estate company in the UAE capital. The companies have signed a Heads of Terms ... ( read original story ...)

Abu Dhabi residential property prices set for further fall

The residential and commercial property prices across Abu Dhabi, UAE, are expected to decline further in 2017, according to a joint report by real estate expert JLL and UAE-based property platform dubizzle. The villas communities in the UAE capital ... ( read original story ...)

Q1 2017 Dubai Real Estate Market Overview by JLL

JLL, the world’s leading real estate investment and advisory firm released its Q1 2017 Dubai Real Estate Market Overview report which assesses the latest trends in the office, residential, retail and hotel sectors. While the first quarter of 2017 has ... ( read original story ...)

Abu Dhabi property market under pressure from sluggish economy

Skyscrapers stand on the city skyline in Abu Dhabi. The property market has been under pressure for more than a year after Abu Dhabi had to cut government spending and lay off thousands of workers at state-linked firms partly because of lower oil revenues. ( read original story ...)