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Pace of Dubai property price declines slows in Q3

Dubai-skyline

Residential property prices in Dubai have fallen by more than 11% over the past year, says ValuStrat. Residential property prices in Dubai have fallen by more than 11 percent over the past year although the rate of declines is slowing, according to new research. Consulting firm ValuStrat revealed that its third quarter ValuStrat Price Index…

Dubai’s luxury properties now more within reach

Palm Jumeirah

High-end realty more affordable compared to some global hotspots The luxury property market in Dubai is proving to be more resilient, witnessing increased transactions due to a persistent decline in prices making such properties more affordable plus developers less focused on high-end properties. In fact, a few high-end areas saw a decent increase in prices…

Dubai residential property prices continue to dip

Dubai Residential property prices

Residential property prices in Dubai continued to fall, extending the correction process that has been under way for quite some time. While apartment sales prices in the first half of 2019 are 11.7 per cent cheaper than they were two years ago and dropped 3.9 per cent compared to second half 2018, villa prices have…

Upcoming iconic skyscrapers to add more glamour to UAE skyline

Dh69b worth of landmark projects are currently underway across the UAE, with Dubai taking the lion’s share. The UAE, especially Dubai, is home to some of the world’s most-visited landmarks, attracting millions of visitors from different corners of the world. Known for its skyscrapers, the UAE is working on a number of new landmarks and…