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Dubai’s real estate records a robust Dh132b in first half deals

Palm Jumeirah was top spot in value terms while Marina had the volumes DUBAI: Dubai Marina and Business Bay retained their status as investor hotspots as overall property transactions in Dubai totalled Dh132 billion in the first half of 2017. This was done through 35,571 deals, and the amount represents a significant gain from the…

‘Rising Giant’ Dubai surges ahead in tourism race

Dubai’s hospitality industry continues to steal the limelight as the emirate has been rated among the global cities that are maturing quickly and rivalling the leading markets in terms of size and prestige, says a new report. The emirate has been rated at par with Shanghai, Beijing, Bangkok and Guangzhou in the “Rising Giants” category…

Must know rules before renting a house in Dubai

Some key aspects as you choose an apartment If you are looking to rent a new apartment in Dubai, being aware of certain rules is a must. The procedures include paying agency fees, Ejari fees, housing fee, security deposit and so on. Take a look at some of the important aspects before choosing an apartment…

More UAE buyers searching for homes online

Nearly three-quarters (72 per cent) of UAE buyers search for available properties online. The global ‘property technology’ (PropTech) revolution has arrived in the UAE, with more than two-thirds of UAE home buyers turning to technology to help gather information relevant to their purchases. According to new research from HSBC, nearly three-quarters (72 per cent) of…