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Dubai: Dubai’s apartments and villas are indeed becoming more affordable for both buyers and tenants, with sale and rental prices continuing to register a decline. The city’s residential property market posted an overall 11.1 per cent drop in capital values in 2018, with quarterly declines of 3.1 per cent, according to the latest data released by…
The Villa community is the cheapest place to rent a villa in Dubai according to new data by Propertyfinder Group. The community of Spanish-style homes near Silicon Oasis witnessed a price drop of 12.8 percent in the past 12 months to AED34 per square foot. Al Furjan comes second, after prices fell 14.9 percent to…
In every city where rents start to rise dramatically, the calls for rent control become loud enough for the regulators to follow with some form of restrictions. And in every city where such controls have been introduced, the effects have been ambiguous at best, with economists arguing for “market based pricing”, while social activists talk…
Owning a home is a keystone of wealth… both financial affluence and emotional security.