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Tag: property

Posted on 14/07/2018

Dubai Properties to support DLD initiatives, projects

Dubai Land Department (DLD) has announced a strategic partnership with Dubai Properties (DP), a member of Dubai Holding, to promote Dubai’s real estate sector. The agreement was signed by Sultan Butti …
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Posted on 14/07/2018

Oversupply continues to impact Dubai property rents, prices in Q2

Dubai’s residential market is continuing to feel the pressure of property oversupply, according to Chestertons. Its latest Observer: Dubai Q2 2018 report said overall rental rates for apartments and v…
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Posted on 14/07/2018

UAE cities see some of world’s biggest property price falls

The UAE cities of Abu Dhabi and Dubai have seen some of the world’s biggest property price declines in the past 12 months, according to Knight Frank. Its latest Global Residential Cities Index Q1 2018 …
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Posted on 13/07/2018

UAE Business Brief – Patents, Trademarks & Counterfeiting

and a certified copy of any priority document); Patent application undergoes formal examination at the UAE Patent Office and substantive examination at the search authority in Austria under the superv…
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Posted on 12/07/2018

Average Dubai property prices said to be down 20% on 2014 peak

Average Dubai property prices are 20 percent below peak values recorded in mid-2014, according to real estate consultants ValuStrat. The ValuStrat Price Index (VPI) for residential properties in Q2 wa…
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Posted on 12/07/2018

Abu Dhabi sees largest rental declines for 12 months in some areas

Read: Revealed: Where Abu Dhabi property prices, rents rose and fell in Q1 The real estate consultancy said apartment rents were down 2 per cent and villa rents 4 per cent from the first to the second …
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Posted on 12/07/2018

DCT Abu Dhabi, Emaar Sign Agreement, Support Local Publishing Industry

DCT Abu Dhabi has signed an agreement with Dubai-based Emaar Properties to support the ‘Promoting Culture’ initiative. The initiative seeks to enrich the reading community in the UAE and the Arab regi…
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Posted on 11/07/2018

Abu Dhabi, Al Ain house rents continue to decline

Villa and apartment rents recorded a continued decline in Abu Dhabi and Al Ain in Q2 2018, according to Asteco, a property services company. In Abu Dhabi, apartment and villa rents decreased by two pe…
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Posted on 11/07/2018

Why Affordability Is The New Buzzword in Dubai Real Estate

Affordability wasn’t written into Dubai’s design brief. The ‘build it and they will come’ mentality saw developers race to fill the desert with glitzy skyscrapers, transforming the fortunes of the cit…
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Posted on 11/07/2018

Dubai property transactions sink despite government efforts to woo investors

Real estate transactions in Dubai reached a value of AED111 billion (USD30.2 billion) in the first half of 2018, Emirati officials revealed Saturday. This is down, however, from the AED132 billion in …
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Posted on 11/07/2018

Institutional investors set their sights on Dubai property

Institutional interest has been steadily rising in Dubai real estate. These players typically include banks, real estate investment trusts (Reits), insurance companies, etc. Although they have been pr…
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Posted on 07/07/2018

Dubai property deals fall in first half as emirate rolls out reforms

Dubai Land Department (DLD) said the value of real estate transactions in the first six months of 2018 was 111 billion dirhams ($30.2 billion) across 27,642 transactions. The DLD did not provide compa…
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Posted on 07/07/2018

Dubai real estate records Dh111 billion in H1…

Overall property transactions in Dubai totalled Dh111 billion for the first half of 2018, says the Dubai Land Department (DLD). This was done through 27,642 transactions. Overall property transactions …
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Posted on 07/07/2018

Dubai real estate records Dh111 billion in H1 deals.

Overall property transactions in Dubai totalled Dh111 billion for the first half of 2018, says the Dubai Land Department (DLD). This was done through 27,642 transactions. This represents an approximat…
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Posted on 05/07/2018

Properties’ Prices Keep Falling in Dubai

The cost of renting and buying property in Dubai has decreased since H2 2017, but most price falls remain modest, according to Bayut.com. Haider Ali Khan, CEO of Bayut, said: “Renters and buyers are s…
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Posted on 05/07/2018

No summer vacation for the Dubai property market

It has been said that the property market in Dubai tends to hibernate over the summer months, with a lull that doesn’t pick up again until about mid-September. I must say that this has not been my exp…
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Posted on 03/07/2018

Revealed: Where Dubai property rents, prices decreased the most in H1 2018

Dubai’s residential property market continued to experience sales price and rental declines in the first half with apartments hit particularly hard, according to listings site Bayut. The company said in a report that apartment rentals saw some of the …
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