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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…
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…
Dubai real estate records Dh111 billion in H1 deals. Overall property transactions in Dubai totalled Dh111 billion for the first half of 2018, says the Dubai Land Department (DLD). This was done through 27,642 transactions. This represents an approximately 16 per cent decline compared to the same period a year ago. Overall property transactions in…
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…
Owning a home is a keystone of wealth… both financial affluence and emotional security.