off-plan
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 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…
Two high-rise fire incidents in the past two months could provide a much-needed impetus for Dubai residents to be more vigilant in securing their belongings. The spire on the Almas Tower in Jumeirah Lakes Tower caught fire last month, a minor incident that was quickly put under control but nonetheless required residents to be evacuated,…
Owning a home is a keystone of wealth… both financial affluence and emotional security.