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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Dubai Investments in talks to acquire Union Properties’ stake in Emicool
DUBAI Dubai Investments DINV.DU said on Tuesday it is in initial talks to buy Union Properties’s UPRO.DU stake in Emirates District Cooling LLC (Emicool), in a move to take full control of the district cooling service provider. Emicool, an equally owned …
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How To Select Your First Property for Investment in Dubai
Dubai’s real estate market is thriving because investors from all over the world were quick to realize that the returns they can get exceed the typical for the industry gains. During the past few years the market has matured and it has become much more …
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Abu Dhabi tenants may continue to enjoy lower rents as supply rises
However, property experts predict that prices will slide further, suggesting that supply is increasing while demand is decreasing. Jalal Mamdouh, leasing coordinator at Prime Capital, said rental prices in Abu Dhabi are expected to decrease throughout …
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Destination report: Abu Dhabi
This follows the opening late last year of the Marriott Downtown, and is the 12th Abu Dhabi property in the Marriott-Starwood portfolio – and the 47th in the UAE. Before the hotel’s spectacular opening festivities I talk to Alex Kyriakidis, Marriott …
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Dubai property prices down 20% on end-2015
Dubai property prices are now at levels not seen since late 2012 and early 2013 following an 18-month slide in values, according to listings site PropertyFinder. In a report, the company said median property sales prices in the emirate fell 20 per cent …
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