Monday, August 26, 2019

Property

Latest updates on property, launch of new projects, implementation of new technology along with growth and development of real estate business in GCC.

Dubai land prices ‘rise13% in 2017’

Rise in first six months of year was not matched by similar increase in house pricesLand prices in Dubai freehold zones rose by 13%...

UAE: Fire Breaks Out In 52-Floor Tower; 20 Injured

Almost twenty people suffered smoke inhalation after a fire broke out late on Monday night in a high-rise residential building in Ajman.According to Civil...

Dubai Creek Tower: the world’s next tallest tower!

Intriguing new photos have emerged courtesy of developer Emaar Properties showing an aerial shot of the tower's vast footprint, along with workers deep underground...

Shop Bahrain grand prize winner gets luxurious apartment in Juffair!

Shop Bahrain, the kingdom's largest nationwide shopping gala, named Wissam Al Essa as the festival's grand prize winner who walked away with the keys...

Dubai: As rents fall, tenants get new & better deals

Residential landlords in Dubai are getting increasingly flexible in their terms and pricing.The burgeoning supply of units in Dubai has given more choice and...

Dubai developers taking risks with stretched payment plans

The trend among many Dubai developers to launch sales offering low upfront payments — typically 5-10 per cent of the property value — and...

Dubai home below Dh1 million?

All the action in the Dubai property sector is transpiring in the under-Dh1 million price market. Not only does this signify an effort by...

Where are rents dropping fastest in Dubai?

The Q3 Dubai Real Estate Report from real estate consultancy Asteco showed that Dubai Marina posted the highest decline in rental rates at 19...

Dubai luxury property prices sliping

Luxury residential prices in Dubai fell marginally by 0.8 percent in the year to the end of June, according to real estate consultancy Knight...

“Don’t Buy Dubai Property Before Real Slump” – Mobius

Prices and rents have already dropped by as much as a third in the past five years during what S&P Global Ratings has called...
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