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rent home in Dubai

Developer counts on Expo to create resurgent demand

MAG

Developers in Dubai are counting on Expo 2020 to generate demand for the properties that are scheduled for handover in the upcoming years. “The Expo is expected to receive up to 300,000 visitors a day when it opens, while also creating around 300,000 new jobs and attracting new residents to Dubai. According to recent JLL…

Tenants, buyers remain in driving seat in Dubai

Mina by Azizi

The cost of renting and buying property in Dubai has decreased since H2 2017, but most price falls remain modest, according to Bayut.com. Haider Ali Khan, CEO of Bayut, said: “Renters and buyers are still firmly in the driving seat, with renters likely to bargain with landlords to negotiate a lower rent, or upgrade by…

Are Dubai’s prime homes getting smaller?

smaller apartments

Despite Dubai’s image as an expensive metropolis, prime properties in the city are among the most spacious and lowest-priced of comparable global hubs, almost 40 per cent cheaper than Singapore and 50 per cent less than in Moscow or Paris, according to the Global Comparisons report by Core Savills. As a result, one can buy…

The smart way to invest in real estate

Smart way to invest in real estate

HI-TRAC The author’s shorthand for Happiness Index, Infrastructure, Talent, Regulations, Access and Capital. The six pillars that make the UAE a great place for a startup. This week’s is about a company that is leveraging the positive regulatory environment and creating capital for small investors in real estate. Forty two years – that’s the time…