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Tag: property

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 …
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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 …
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Posted on 21/01/2019

Award-winning agency sets big Dubai real estate sales target in Chinese market

Dubai: After a second successive award-winning year in Dubai real estate, Firas Al Msaddi, CEO of fäm Properties, has set fresh targets for 2019 when he says at least 50% of the company’s sales will c…
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Posted on 21/01/2019

UAE Britons watch nervously as Brexit threatens their retirement plans

Property prices and visa rights are causing a headache for thousands in UAE Brexit is persuading more Britons to move to the UAE and has thrown existing residents’ retirement plans into chaos. The UK’ …
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Posted on 21/01/2019

Company director who helped manage Abu Dhabi Royal Family’s £5.5billion London property estate WINS unfair dismissal case after being sacked for looking after his terminally …

A director of a company that managed the Royal Family of Abu Dhabi’s £5.5bn London property portfolio was unfairly sacked after pointing out that to make an unscheduled meeting he would have to arrang…
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Posted on 20/01/2019

Company director who helped manage Abu Dhabi Royal Family’s properties wins unfair dismissal case

A director of a company that managed the Royal Family of Abu Dhabi’s £5.5bn London property portfolio was unfairly sacked after pointing out that to make an unscheduled meeting he would have to arrang…
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Posted on 17/01/2019

2018 Dubai property market report at annual breakfast briefing: Cavendish Maxwell

· Report offers key insights into trends in the residential, office, retail and hospitality sectors · The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities C…
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Posted on 17/01/2019

VOT the new buzzword in Dubai property market

Vacant on Transfer (VOT) has become the new market buzzword, while secondary market sales transfers showed an uptick in transactions in 2018, according to an industry expert. The term, mainly used for …
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Posted on 17/01/2019

KG Group buys major stake in Dubai real estate group

KG Group, a leading manufacturer and distributor of products for the automotive, logistics and cement and mining industries, has acquired a major stake in Virtue Properties, a Dubai-based boutique rea…
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