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The millennial’s house purchasing criteria

homebuying

The millennial’s house purchasing criteria Colloquially known as ‘generation rent’, millennials have a peculiar stance on home ownership that developers and regulators need to understand Millennials account for 36 per cent of the GCC population, of which 60 per cent are between 25 and 34 years old and, therefore, likely to occupy their own homes….

Why some Dubai residents are abandoning the high-rise lifestyle

high rise building in Dubai

Why some Dubai residents are abandoning the high-rise lifestyle As apartment and villa rents reach parity, the ‘down-to-earth’ trend gains momentum According to the Centre of the Council on Tall Buildings and Urban Habitat (CTBUH), Dubai hosts almost 20 per cent of the world’s tallest completed buildings. Towering buildings can be seen in almost any…

Don’t get too concerned about slowing property sales

Dubai property sales

Don’t get too concerned about slowing property sales It’s time Dubai’s developers and investors took a more relaxed approach For anyone fretting over the slow pace in Dubai’s property market, Talal Al Gaddah has one answer — relax and take a breather. “Anyone who’s been running for an hour will need a few hours to…

In a real estate investment market, the more the merrier

real estate

In a real estate investment market, the more the merrier We ask Simon Townsend how REITs, multinationals and new investment vehicles will shape the property market this year The GCC has seen an increase in the number of real estate investment vehicles being listed over the previous 12-18 months, which has added to the increase…