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Offices in Deira and Garhoud feel rental pressures Landlords with older or poorly maintained offices in Dubai are feeling the heat. Second-tier properties in locations such as Deira and Garhoud have seen rentals drop 17 and 14 per cent, respectively, over a 12-month period up to end 2017, according to the latest update from Cluttons….

Residential communities require more than a few green areas As we witness rapid urbanisation and demographic change in the region, it becomes more challenging to create places that establish a sense of belonging and human attachment to communities. When it comes to the UAE, the country has always been blessed with a rich cultural heritage…

Investors back to buying luxury homes in Dubai Investors are renewing their faith in Dubai’s luxury offerings and at prices that are a bargain to what they would have to spend in Singapore or Paris. In Dubai, $1 million (Dh3.67 million) in investments would fetch 150 square metres of a super-luxury home, while in Paris…

Sharjah plugs the gaps in real estate With almost a quarter of its budget this year allocated for infrastructure development, the government of Sharjah is laying the groundwork for a real estate blitz that could significantly transform the emirate’s property development scene. Sharjah has approved a budget of Dh22 billion for the fiscal year with…