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Tag: property

Posted on 17/10/2018

Dubai property prices sink, market equilibrium not expected soon: Report

Dubai property prices declined at an accelerated pace in the third quarter, with off-plan sales volumes impacted the most amid general market uncertainty, according to property consultancy Chestertons …
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Posted on 16/10/2018

Dubai property prices drop, market ‘equilibrium’ expected in three to five years

Dubai property prices declined at an accelerated pace in the third quarter, with off-plan sales volumes impacted the most amid general market uncertainty, according to property consultancy …
( read original story …)


Posted on 13/10/2018

Could Dubai’s property market be facing undersupply problems?

Dubai may be suffering from an undersupply of property despite concerns to the contrary, according to UAE-based real estate portal Property Finder. Based on figures from Dubai Land Department, Propert…
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Posted on 11/10/2018

Dubai Land Department announces winners of International Property Awards – Dubai 2018

DUBAI, 11th October 2018 (WAM) – Dubai Land Department (DLD) announced yesterday the winners of the first edition of the International Property Awards- Dubai (IPAD) 2018. The event was led by Sultan B…
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Posted on 11/10/2018

Property prices and rents continue to fall in Dubai, latest data show

Residential property price falls in Dubai have been more pronounced than rental rate changes, with values down 4% in the third quarter of 2018, the latest index report shows. Prices for villas fell by …
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Posted on 10/10/2018

Dubai property market goes slow on offplan

The Dubai property market is taking some time-off from its usual offplan sales rush. In the year to date, only 15,000 new properties (from 93 projects) were released by developers, compared to a high …
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Posted on 10/10/2018

Pakistan demands answers over its nationals’ UAE property investments worth billions

Pakistan’s Federal Investigation Agency (FIA) has informed the country’s Supreme Court that 895 Pakistanis have been identified to own properties worth at least $15.5 billion in the United Arab Emirat…
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Posted on 10/10/2018

Forging India-UAE property ventures

CHENNAI: Dubai-based private developer DAMAC’s general manager and son of the chairman, Ali Hussain Sajwani visited Amir Mahal, the ancestral residence of the Prince of Arcot, Nawab Mohammed Abdul Ali …
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Posted on 10/10/2018

After shelling out almost Dh1 million in rent, is it finally time to buy in Dubai?

I try to appeal to their sense of fairness; I cite UAE property law; I get frustrated; I get upset. This elaborate performance has been repeated so often that both sides now slip into their parts almo…
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Posted on 10/10/2018

Exiting UAE with bank loan? Here’s what will happen

Pursuant to your queries, we assume that the mortgage property is residential property located in the emirate of Dubai. You should approach the bank from where you availed the mortgage loan and inform …
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Posted on 10/10/2018

Over 200 firms vie for African & Arabia Property Awards

The crème dela crème of the African and Arabian property industry will be honoured on Thursday (October 11) during a glittering cermony being held at the Waldorf Astoria Palm Jumeirah in Dubai, UAE. T…
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Posted on 10/10/2018

Property props up Dubai, banks boost Qatar

Oct 10 (Reuters) – Dubai’s stock market rose sharply on Wednesday, helped by real estate shares, while Qatar gained on the back of its banks, even as the rest of the Middle East was largely quiet. Qat…
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Posted on 10/10/2018

Property Manager – Versatile Consultancy – Dubai Jobs

Attend to incoming calls and co-ordinate with concern staff. Office cleanliness – Arrange for periodic cleaning of the office and Replenishing refreshments for the office ie. Water, plastic cups, tiss…
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Posted on 09/10/2018

Abu Dhabi home prices, rents to recover in 2019

Property prices and rentals in Abu Dhabi continued to decline in the third-quarter and the trend is likely to continue in fourth quarter and early next year but some areas could see recovery, accordin…
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Posted on 09/10/2018

Mövenpick reveals leadership team for upcoming Dubai property

Mövenpick Hotel Apartments Downtown Dubai has announced the line-up of hospitality experts managing its Q4 opening. The team of industry professionals will be led by Maria Lamarche, who joined the new …
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Posted on 07/10/2018

Abu Dhabi Securities Exchange lists Aldar Properties’ sukuk

Dubai: The Abu Dhabi Securities Exchange (ADX) said Aldar Properties listed its sukuk, marking the first corporate sukuk on the bourse. The sukuk, which was raised at a profit rate of 4.75 per …
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Posted on 07/10/2018

Abu Dhabi apartment rents down as much as 12.73% in Q3

Rental rates for residential property in the UAE capital Abu Dhabi fell by as much as 12.73 per cent in the third quarter, according to listings site Bayut. The company said rental decreases …
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