News
A real estate conundrum: space and affordability While the growing number of competitively priced housing in Dubai has opened the property market to a much larger slice of the population, it also comes with a consequence: smaller residences. The days of “bigger is better” catchlines are now being replaced by greater focus on space and…
Dubai house rents may fall more in these areas… Residential rents across Dubai registered no change during Q1 2018, according to property consultancy Cluttons. This helped to improve the annual rate of change to -3.1 per cent from -7.7 per cent at the end of last year. This marks the first stable quarter for rents…
It’s time to bargain hard with your Dubai landlord Apartments and villas in Dubai have seen an average annual rental decline of approximately 10 per cent in the first quarter of 2018, says real estate consultancy Asteco. This is forcing landlords, especially in areas with a significant supply pipeline, to offer sweeteners such as multiple…
New mortgage law to boost funding for Dubai real estate The Dubai Land Department (DLD) has proposed a new mortgage and finance law to bring in more capital to the real estate market. The main objective of the mortgage law is to attract foreign investors and public joint stock companies listed on Nasdaq. The law…
Owning a home is a keystone of wealth… both financial affluence and emotional security.