Buy home in Dubai
As we get to the halfway stage of the year, what is clear is that the real estate (and the equity markets as well) market thus far remains sluggish. While the recent suite of initiatives announced have evinced excitement among investment stakeholders, it is apparent that at this stage, despite the broad-based recovery in oil…
MAG Lifestyle Development will launch two projects in Jumeirah Village Circle, which will cost Dh300 million to build. This is the first time the developer is entering this area. MAG 614 will be a 20-floor residential tower comprising 223 units, while the while the MAG 612 will be another 20-floor structure but with 144 units….
Buy or rent a home in Dubai? Residential rents in Dubai are now more than 15 to 20 per cent lower than peak levels in 2015 while sales prices are also fall in affordable category with increasing supply of residential units, says a latest report. With the onset of an early Ramadan followed by summer,…
Ask for a higher rent and lose a potential tenant Dubai residents are getting extremely choosy about where they want to move into. It doesn’t matter whether a building has just been delivered, if the landlord’s offered rents do not match market rates, the homes are likely to remain empty. Even “newly handed-over, lower-end buildings…
Owning a home is a keystone of wealth… both financial affluence and emotional security.