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As the residential market continues to soften, the addition of new units has put further pressure on sales and rental prices in Dubai. According to Ozan Demir, director of operations and research at Reidin, while sales prices have fallen by 8 per cent, rental prices have dropped by 11 per cent when compared to the…
Emaar Development is the UAE-based property development arm of Emaar Properties. Dubai: Emaar Development PJSC reported on Monday that total sales for the first quarter of 2019 increased by 51 per cent to Dh5.902 billion, compared to Q1 2018 sales of Dh3.908 billion. Emaar Development is the UAE-based property development arm of Emaar Properties. The…
With a promise of more than 25 million visits from across the world, Expo 2020 Dubai creates a unique platform where developers can cater to a huge pool of potential foreign investors. Industry insiders say developers are well aware of this opportunity and are actively positioning their projects to target these visitors. “Selling real estate…
Dubai: Dubai’s property market has come up with a fourth successive month of improved sales, both on off-plan and ready units. And with enough prospective buyers out there, developers in Dubai — government-owned and private — are feeling emboldened to test the markets with more launches. These are the numbers they will be looking at…
Owning a home is a keystone of wealth… both financial affluence and emotional security.