dubailandlords
Average office rents across Dubai softened by 4.3 percent year-on-year in the first quarter of 2018 despite greater activity levels, according to a new report. Knight Frank Dubai, in its Q1 2018 UAE Commercial market update, said the occupier market witnessed a strong start to the year with a clear uptick in demand. While there…
The recent fire that hit the Zen Tower in Dubai Marina is yet another reminder of the vulnerability of residents to such catastrophes. In fact, the incident was the latest in a spate of high-profile tower fires in recent years: Tamweel Tower in Jumeirah Lakes Towers in November 2012, the Torch Tower in Dubai Marina…
The next decade will most likely witness a major growth in private debt for the Middle East real estate market instead of commercial bank lending, according to a report released by JLL in conjunction with Clifford Chance. Key sources of private debt include public and private pension funds, foundations, endowments and insurance companies. There has…
The question that plays on the mind of every amateur property investor, and even some seasoned ones, is whether to focus on capital appreciation or the yield. I suppose a good starting point is to answer the pertinent question: “What is your exit strategy and do you want an instant income from your investment?” If…
Owning a home is a keystone of wealth… both financial affluence and emotional security.