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Luxury and mid-market realty compete for investor attention

Dubai’s high-end properties could have the edge given limited supply and strong demand, says Knight Frank Dubai: Should the next wave of investors in Dubai go for a mid-market option or stick with luxury? According to the latest Dubai realty overview from Knight Frank, luxury looks to be the best option. “We expect prime residential…

Price upturns start to show up in Dubai realty

Both ends of pricing spectrum show effects of gradual rise in investor interest Dubai The uber-luxury villas on the Palm and the more affordable apartments in Sports City are recording the best recovery in values from the lows hit during the last 30 months. Properties in Sports City have put on more than 3.5 per…

UAE’s home rentals can get a Bankruptcy Law lift

More businesses consider options of leasing directly on behalf of employees as new Law stipulates that cheques issued by commercial entities will not be considered a criminal offence if they bounce Dubai: The revised UAE Bankruptcy Law could provide its own boost to the home rental market. More UAE based businesses — even mid-sized ones…