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5 most affordable areas to buy property in Dubai

House prices in Dubai

Price index indicates average annual house prices in emirate decreased by 10.6%. House prices in Dubai continue to be more affordable with the ongoing correction in the sector, leading to a more than 10 per cent annual decline across a broad spectrum of residential communities.  The Dubai House Price Index for February 2019 indicates that…

Dubai to see massive increase in property handovers in 2019

Dubai to see massive increase

Renters are in a good position to negotiate as 40 per cent more residential units are forecast to be handed over in Dubai this year, compared with those completed in 2018, with developers accelerating work ahead of Expo 2020, a real estate report found. “With rents at 2010 levels and seemingly endless options for both…

Dubai property developer Emaar to deliver Dh1.07 billion payout to investors

Dubai property developer Emaar

Dividend still lower than expectations; Etisalat, Adnic also reveal payouts Dubai: Emaar Properties said on Wednesday it plans to give a cash dividend of 15 per cent or Dh1.07 billion for 2018, which was lower than market expectations. Other companies such as Etisalat and Abu Dhabi National Insurance Company (Adnic) also announced their dividend for…

Dubai must not position as a cheap destination

Dubai must not position as a cheap destination

Dubai offers world-class infrastructure and best quality of life. If you believe Dubai should be a cheaper place to live and work for, think again. Because not everyone thinks on the similar lines. Because bankers, professors and professionals believe that the Dubai should not aim to position itself as a cheap destination. While speaking at…