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Dubai developer tests waters with Dh24m villas

Dubai developer tests waters with Dh24m villas

Located at Jumeirah Golf Estates, there will only be 20 of these ‘Hillside’ homes Dubai: Not every private developer in Dubai is building a high-rise or a mixed-use community – some see value in sticking to a niche. Chi-Sol Investments is testing that strategy with a collection of 20 villas at Jumeirah Golf Estates. And…

Dubai’s brokers netted Dh1.3b in commissions

Dubai’s brokers netted Dh1.3b in commissions

These represent what they generated for the first nine months from Dh65.62b in sales Dubai Real estate brokers in Dubai netted a combined Dh1.3 billion in the first nine months as commissions up to September. There are currently 6,200 brokers registered with the Land Department. Those from property sales totalled Dh595 million and from plots…

Seek and you shall find lower rent in Dubai

Seek and you shall find lower rent in Dubai

The softening in asking rents is now no longer confined to upscale freehold communities Dubai: In Dubai, the chances are that you will come across a property being offered at a rent lower than what you are paying. And you won’t need to shift quite a distance to make use of the offer. Chances are…

Dubai’s freehold areas feel the biggest rental pinch

Dubai’s freehold areas feel the biggest rental pinch

Once limited to the high-end clusters, the softening is percolating down as well Check out areas in Dubai that are seeing significant new supply of homes between now and the next two years. Your lower rent options are more likely to be found there. But going forward some of the pressure on rents would start…