LONDON: Dubai property transactions plunged by 23 percent in the second quarter, according to a report from Chestertons. But the weak property market is good news for renters who benefitted from a 2 percent decline in rents for both apartment and villas …
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Report unveils Dubai and Abu Dhabi property market performance in H1 2017
The number 1 property portal in the UAE, Bayut.com, has confirmed exclusively to Al Arabiya English that the UAE estate market has witnessed a balancing act in the first half of 2017; despite both sale and rental prices in Dubai and Abu Dhabi having …
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Dubai Properties Invests Over AED10 Million in Community Enhancements in Sought-After Remraam Development
Dubai Properties, a leading Dubai-based real estate master developer and asset manager of renowned destinations across the emirate, has announced an investment of AED10 million for planned enhancements in the popular Remraam community, strategically …
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Tech driving demand for industrial property in Dubai
RELATED ARTICLES: ‘Softening’ of Dubai property expected in 2017 | Dubai property market bottoms-out, official says | Dubai: Demand for industrial real estate drops The growth of Dubai’s technology sector amid its economic diversification effort is driving …
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Dubai property prices marginally down in Q2
The property prices across Dubai, UAE, witnessed a marginal drop as fresh supply in the apartment, villa and commercial segments continued to place downward pressure on rental rates and sales prices, according to a report. This trend will continue as the …
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Return on investment for UAE property still strong
The UAE real estate market has witnessed a balancing act in the first half of 2017, according to new research by property portal Bayut.com. Despite both sale and rental prices in Dubai and Abu Dhabi witness a small dip, the market still represents a rich …
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Dubai property prices, rents continue to decline in Q2
Dubai property prices and rents continued to decline in the second quarter with little sign of the trend reversing, according to Asteco In its quarterly report, the real estate firm said average quarterly sales prices were down 3 per cent for apartments, 2 …
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Dubai Properties distributes 6,600 meals to staff accommodations
Dubai Properties, a leading Dubai-based real estate master developer and asset manager distributed over 6,600 meals at staff accommodation in Al Quoz, Dubai Investment Park and Muhaisnah. Demonstrating the company’s solidarity with and appreciation for the …
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Dubai Real Estate Market Remains Subdued in Q2 of 2017
JLL, the world’s leading real estate investment and advisory firm, today released its Q2 2017 Dubai Real Estate Market Overview report which assesses the latest trends in the office, residential, retail and hotel sectors. The retail sector continues to …
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Property prices, rents continue to fall across Dubai, Abu Dhabi
Prices across Dubai’s freehold neighbourhoods are continuing to weaken, while there are worsening yields for buy-to-let investors as declines in rental values outpace those in the sales market, according to a new report. Propertyfinder Group’s UAE Real …
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Dubai property will face more ‘mild price cycles’, says Damac chairman
Damac Properties chairman Hussain Sajwani on Sunday said Dubai’s property market will pass through more “mild price cycles”, but will not “crash”. In a short Youtube clip, the founder of one of Dubai’s largest development firm said the real …
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Dubai Properties Releases Additional Units in the Much Sought-After Arabella Townhouses 3 Development
Dubai Properties, a leading Dubai-based real estate master developer and asset manager of renowned destinations across the emirate, announced the release of additional units to the third edition of the Arabella Townhouses (Arabella 3). A strategic decision …
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Dubai homes: Live-in the dream
The Dubai property market has shifted from being mainly investor-led to a more mature end-user dominated market. A strong US dollar and weak oil prices are making Dubai property more expensive to investors from traditional source markets such as Russia …
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End-users, not investors, drive Dubai property…
The Dubai property market has shifted from being mainly investor-led to a more mature end-user dominated market. A strong US dollar and weak oil prices are making Dubai property more expensive to investors from traditional source markets such as Russia …
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Dubai property is my family investment – Buratai insists
Chief of Army Staff Lt. Gen. Tukur Buratai said yesterday that his family invested in property in Dubai, United Arab Emirates (UAE) in 2013, long before his appointment. He was featured yesterday in a British Broadcasting Corporation (BBC) interview …
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End-users, not investors, drive Dubai property market
The Dubai property market has shifted from being mainly investor-led to a more mature end-user dominated market. A strong US dollar and weak oil prices are making Dubai property more expensive to investors from traditional source markets such as Russia …
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Qatari property investors keen to offload assets in UAE
Investors from Qatar and Kuwait cumulatively accounted for Dh2 billion worth of property transactions in Dubai last year, according to the Dubai Land Department. “The majority of our Qatari clients are in a state of confusion as to what to do. Some have …
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