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Tag: property

Posted on 20/02/2019

S&P: Dubai property market could remain depressed for years

DUBAI, UAE – The property market in Dubai has been sinking since 2014, and is likely to remain depressed for years. S&P Global, the credit ratings agency, on Tuesday said the emirate’s property market …
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Posted on 19/02/2019

Dubai property deals in a day? Now you can…

Dubai Land Department (DLD) has announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. During the first week of the audit, more than …
( read original story …)


Posted on 19/02/2019

Dubai property prices may fall up to 10% this year: Report

Prices have fallen 25 per cent to 33 per cent in nominal terms since 2014, an S&P report said. Dubai residential property prices will fall another 5-10 per cent this year due to a continued gap betwee…
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Posted on 19/02/2019

Dubai’s ‘Long Decline’ in Property Prices Isn’t Over Yet for S&P

The worst is yet to come for Dubai’s real estate after prices already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has built up even as …
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Posted on 19/02/2019

Dubai real estate market to stabilise in 2020; price declines to continue in 2019

Towers on Shaikh Zayed Road. Dubai’s real estate market could witness a meaningful recovery in 2021. Image Credit: Ahmed Ramzan/Gulf News Archives Dubai: Dubai real estate downturn is likely to …
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Posted on 19/02/2019

Dubai house prices could drop by up to 10% in 2019, says S&P

Property price declines in Dubai are set to continue this year as values have already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has …
( read original story …)


Posted on 19/02/2019

Dubai Home Prices to Fall Further in 2019 on Oversupply: S&P

DUBAI (Reuters) – Dubai residential property prices will fall another 5-10 percent this year due to a continued gap between supply and demand, before steadying in 2020, S&P Global Ratings said on …
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Posted on 19/02/2019

S&P says Dubai home prices to fall further in 2019

DUBAI (Reuters) – Rating agency Standard & Poor’s said on Tuesday it expects Dubai residential property prices to fall further in 2019 due to a continued gap between supply and demand, before a gradua…
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Posted on 19/02/2019

Dubai index ends two-day rally

Dubai: The Dubai index ended a two-day rally driven by better than expected results from Emaar Properties. The Dubai gauge indices entered into a trendless, sluggish trade with low volumes.
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Posted on 18/02/2019

Indians, Brits, Pakistanis top foreign investors in Dubai property in 2018

The Dubai real estate market continued to attract a strong inflow of foreign funds with Indians, British, Pakistanis and Jordanians accounting for nearly one-third of total investments during the firs…
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Posted on 17/02/2019

Abu Dhabi EDITION by Ian Schrager Company

A minimalist property in Abu Dhabi featuring the brand’s signature neutral palettes with three signature restaurants within. Abu Dhabi EDITION is a minimalist property located in Abu Dhabi, United Ara…
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Posted on 17/02/2019

Property prices crash in DUBAI

Daily Mail reported that property prices in Dubai have fallen by around a quarter in under four years, a new report reveals. The drop in the market of around 25 per cent has been blamed on …
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Posted on 17/02/2019

Outbound Telemarketer – Property Network – Dubai Jobs

Property Network is an award winning real estate consultancy based in Dubai since 2005. Your role as an Outbound Telemarketer is to actively work on marketing and promoting new and existing developmen…
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Posted on 15/02/2019

Aldar Properties : Abu Dhabi’s Aldar posts $708m profit as 2018 revenues grow 3%

Abu Dhabi developer Aldar Properties has posted $1.7bn (AED6.3bn) in revenues for 2018, up 2% on 2017 figures, boosted by asset acquisition and the collection of final payments. The Abu Dhabi developm…
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Posted on 15/02/2019

Damac quarterly profit down 87% as Dubai property prices tumble

Dubai’s Damac Properties, owner and operator of the only Trump-branded golf club in the Middle East, reported a nearly 60 per cent fall in full year profit on Thursday, while its profit in the …
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Posted on 14/02/2019

Dubai property giant Emaar grows profits despite lower prices

DUBAI: Dubai-based construction giant Emaar Properties said on Thursday its net profits for the fourth quarter and the whole of last year increased despite falling real estate prices. The company, whi…
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Posted on 14/02/2019

DAMAC quarterly profit down 87 pct as Dubai property prices tumble

DUBAI, Feb 14 (Reuters) – Dubai’s DAMAC Properties , owner and operator of the only Trump-branded golf club in the Middle East, reported a nearly 60 percent fall in full year profit on Thursday, while …
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