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What will dominate real estate conversations in 2017? In the global macroeconomic picture, 2016 was largely seen as volatile. The world can’t wait to move on to the next. Nonetheless, having avoided a bubble in 2015 and getting past a slowdown last year, the UAE property sector has done comparatively well. Many new landmark projects…
On the new year eve, the Dubai International Airports received a record 105,326 passengers in a single day for the first time, Major General Mohammed Ahmed Al Marri, Director-General of the General Directorate of Residency and Foreigners’ Affairs in Dubai, has revealed. He said the achievement was in line with the UAE’s vision to make…
Analysts expect limited downside risk in 2017, especially in Dubai Abu Dhabi: Increased jobs cuts across the UAE coupled with uncertainty in the macroeconomic environment were the main driving factors in the UAE’s property market in 2016, putting downward pressure on rents and sale prices. In both Dubai and Abu Dhabi, sale prices and rents…
Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Monday launched Dubai Harbour, a new waterfront destination that will feature the MENA region’s largest marina and the Dubai Lighthouse. The mega project will also include a cruise ship port, shopping mall, events arena, residential buildings, hotels, offices and shops. Dubai Harbour will be located on…
Owning a home is a keystone of wealth… both financial affluence and emotional security.