real estate market in Dubai
Most of the areas in Dubai – especially new emerging areas such as the Creek Harbour, Dubai Hills, Al Jaddaf, and Dubai South – are underpriced following a persistent decline in property prices over the last five years, according to industry players. It is believed that the price difference between the resale market and the…
Short-term rentals, including holiday homes, generate higher returns If your property exists in a touristic destination in Dubai, letting it out short term or turning it to a holiday home can increase your chances of a great return on investment. Today a high concentration of holiday accommodation can be found in Dubai Marina, Palm Jumeirah,…
By now, it is common knowledge that off-plan transaction volumes witnessed a sizeable reduction from 2017 to 2018. There were fewer off-plan launches in 2018 compared to previous years. Also, developers now prefer to sell inventories closer to the actual date of delivery to gain higher traction from both investors and end-users. What can also…
If finding your dream house and getting a mortgage approved is one part of buying a house, then owning it by paying back the loan is the other. Mortgage loans in the UAE are capped at about 70-75 per cent of the property value on a maximum tenure of 25 years. On proper planning, getting…
Owning a home is a keystone of wealth… both financial affluence and emotional security.