News
Dubai Land Department (DLD) has joined the Infrastructure and Real Estate Excellence Awards as a ‘Partner’. Presented by Khaleej Times, the awards will recognise and honour firms that contribute to the development of Dubai’s infrastructure and have achieved excellence via strategic initiatives in their field. The awards are scheduled to take place on December 5…
Data from dubizzle Properties shows significant gaps between advertised and actual transaction prices in the Dubai mid-market segment. New data from dubizzle Property suggests an increased demand for the mid-market segment and highlights a gap between actual transaction prices and advertised amounts. By comparing advertised sales prices in mid-market communities advertised on the dubizzle platform…
More off-plan sales, lower priced inventory, efficient unit sizes and yield compression are key trends Dubai witnessed an upsurge in both ready and off-plan sales this year, with overall property transactions until September totalling to more than 50,000, according to the Dubai Land Department (DLD). Heightened off-plan sales, lower priced inventory, efficient unit sizes and…
It has not been a good year for residential property markets in the United Arab Emirates with the latest index figures showing that both prices and rents have fallen considerably compared to a year ago. Both Dubai and Abu Dhabi are seeing a downturn in their property markets, although the villa market in Abu Dhabi…
Owning a home is a keystone of wealth… both financial affluence and emotional security.