Today, Phidar Advisory released its Dubai residential research note with December data, which is now reported using a 3-month moving average, as well as 2016 year-end data. The report shows nominal movements, but projects further gradual softening.
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Eshraq Properties : focuses on Abu Dhabi and Dubai projects as construction starts
Eshraq Properties says it is pressing ahead with long-delayed projects in Dubai and Abu Dhabi. The Abu Dhabi-listed developer started initial work on the Dh225 million Jumeirah Rise project in Jumeirah Village Circle in October. It said that construction …
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Dubai real estate market sees $3.2bn of deals in fortnight
Dubai’s real estate market generated transactions worth $3.2bn during the first 15 days of January 2017, according to the latest report issued by Dubai Land Department (DLD). “By studying the index at the end of last year, DLD predicted that the market …
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Dubai and Abu Dhabi named as favoured locations by world’s wealthiest homebuyers
Dubai and Abu Dhabi have both featured on a new ranking of the 50 most important cities for property ownership among the world’s wealthiest people. The Alpha Cities Index has been created by consultancy Wealth-X and is a ranking of the cities that ultra …
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NBAD sees Dubai, Abu Dhabi residential market bottoming
National Bank of Abu Dhabi (NBAD) said in its yearly investment outlook, released Sunday. In the fourth quarter to December 2016, the rate of decline in property prices stabilised in Dubai and certain mid market witnessed a small uptick. New project …
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Apartment prices dip significantly in Dubai and Abu Dhabi in 2016
Read: New units to hit Dubai property market recovery in 2017 Bayut said … Palm Jumeirah and Dubai Sports City. In Abu Dhabi, Bayut said rents fell an average of 6 per cent over the year but prices were down just 1 per cent on average.
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Strong dollar, interest rate rises to impact UAE property market in 2017
The strong dollar and US Federal Reserve interest rate rises will likely impact the UAE’s property market this year, according to listings website propertyfinder.ae The warning comes following a report released by real estate consultancy CBRE yesterday …
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Visas for property investors
Heard stories about the possibility of obtaining a residency visa with the purchase of a property in Dubai but have no idea what this entails? Well, you’re not alone. There is still much confusion around this topic (especially since the rules have …
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Areas most favored by Dubai’s biggest real estate investors
Dubai has proved to be an investor magnet ever since it opened its real estate sector to non-Gulf international investors. The emirate has not looked back from that point onwards and has maintained a commanding march in relation to business activity in its …
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Property investment visas
Heard stories about the possibility of obtaining a residency visa with the purchase of a property in Dubai but have no idea what this entails? Well, you’re not alone. There is still much confusion around this topic (especially since the rules have …
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Dubai Land Department’s media report for 2016 real estate transactions
Dubai Land Department’s (DLD) annual report reveals that the total amount of real estate transactions recorded in the Emirate last year exceeded Dh259 billion. Commenting on DLD’s annual report, His Excellency Sultan Butti Bin Merjen, Director General …
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Dubai Properties launches large villas in its Villanova project
Real estate developer Dubai Properties (DP) has announced the launch of new large villas for sale within its Villanova residential master community in Dubailand. The new villas – La Quinta – are part of the second phase of the Villanova project.
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YZER Property Becomes UAE's Largest Specialist Property Portal
Dubai-based property portal YZER Property has announced that its website has increased it’s listings for property available for sale or rent by 300% in 2 months, making it the fastest- growing and largest specialist property listings website in the UAE …
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Dubai's Yzer Property listings hit new high
Dubai-based property portal Yzer Property said the listings for property available for sale/rent on its website increased by 300 per cent within two months, making it the fastest-growing and largest specialist property listings website in the UAE.
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Abu Dhabi rent changes are the perfect reason to make your move
The number of searches for Abu Dhabi rental property on Propertyfinder.ae has increased by more than two-thirds over the past 12 months, the portal revealed, but given the high cost of moving, is it really be worth all the effort involved? Few would …
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VIDEO: Damac confirms Trump’s rejection of $2bn Dubai property deal
US President elect Donald Trump turned down a $2 billion property deal in Dubai a few days ago. Had it not been rejected, developer Damac Properties would have added another feather to its portfolio of properties known for their association with the …
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Why you should be optimistic about UAE property in 2017
If the endless posts peppering your social media feed are to be believed, almost everyone is pleased to see the back of 2016. Whether it was regional economic turmoil, war, terrorism or the untimely death of your favourite celebrity, 2016 wasn’t a great year.
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