jumeirah lake towers
In Dubai’s property market, one trend has been consistent over the last few years: the significant mismatch between actual deliveries and annual supply forecasts. Realisation rates (the ratio of delivered units to announced units) have hovered at 40-50 per cent over the last five to seven years. The source of this lag is multifold. Given…
The Sustainable City, the Middle East’s first full-fledged sustainable development, has achieved a milestone 99 percent occupancy in addition to significant improvements in energy and water use efficiency. These impressive results were highlighted at WETEX 2018 held at the Dubai International Convention and Exhibition Centre. This is the third consecutive year of The Sustainable City’s…
Landlords of residential properties in Dubai are increasingly upgrading and reinvesting in their old properties to keep pace with the large volume of new supply being handed over across the city. Unless they do this and offer incentives, they stand to lose tenants who are now opting to live in brand new and professionally managed…
Property owners scouting in Abu Dhabi will need to get their timing absolutely right. Wait around and they could see property values spike as and when the full impact of the Dh50 billion stimulus package starts being felt by key sectors in the emirate. The package, announced in June, specifically addresses extended visa requirements as…
Owning a home is a keystone of wealth… both financial affluence and emotional security.