Buy home in Dubai
Buying a property in Dubai remains an attractive proposition for those who want to park their money and generate great returns in the long term. The latest data would show that billions of dirhams are being spent by foreigners, including expatriates based in the UAE, to acquire a piece of home in some of Dubai’s…
Downward rental adjustments continue to take place in the Dubai market, says a Q2 2018 report released by property company Chestertons on Monday. This is due to several factors: additional stock being delivered, thus providing more choices, some tenants purchasing their own properties and conservative market sentiment. Average apartment rents are down 4 per cent…
Developers in Dubai are counting on Expo 2020 to generate demand for the properties that are scheduled for handover in the upcoming years. “The Expo is expected to receive up to 300,000 visitors a day when it opens, while also creating around 300,000 new jobs and attracting new residents to Dubai. According to recent JLL…
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 approximately 16 per cent decline compared to the same period a year ago. Overall property transactions in…
Owning a home is a keystone of wealth… both financial affluence and emotional security.