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Real Estate

For residents, 2019 will be the year to rightsize

For residents, 2019 will be the year to rightsize

We look at reasons Dubai residents will move homes this year As a Dubai resident, have you figured out your New Year resolutions yet? And does it have anything to do with moving homes? A study conducted by Service Market, a home services provider in Dubai, found that while last year saving money and getting…

Dubai sees real estate deals worth Dh19 billion in last 10 days

Meeras

Al Warsan First came in first place with 200 transactions worth Dh111 million Dubai’s real estate market recorded a high transaction volume during the last 10 days of 2018, with a value of over Dh19 billion through 2,081 transactions. Sultan Butti bin Mejren, director-general of the Dubai Land Department (DLD), said these figures are a…

$760,000: the average house price in Dubai

Dubai home price index

New report shows annual house price growth in Dubai slowed by 6.8% while prices declined 1.4% month on month. According to the House Price Index, apartment and villa/townhouse prices declined by 12 percent and 14 percent respectively, since September 2015. The average house price in Dubai is now AED2.78 million ($760,000) after values fell by…