News
Developers fast completing residential projects ahead of Expo 2020 Dubai Residents will be able to buy or rent properties on more flexible terms and conditions as record 41,000 residential units are expected to come online this year due to higher materialisation rate of projects ahead of Expo 2020. The latest data issued by Property Finder…
There is a trend in the Dubai property sector I have been observing for several years. Every quarter or so opens with an armchair analyst predicting “oversupply”. The analysts quote the number of buildings under construction and the projected handover time, compare it with past year’s supply, and lo and behold, revert to the “property…
Mag LD launched 400 units for sale in may City, phase one of the mag Eye project in Dubai Mag Lifestyle Development (Mag LD), the property development arm of Mag Group Holding, has recorded sales worth AED100 million ($27 million) at the launch of Mag City, the first phase of its Mag Eye project in…
With more than 21,700 units delivered last year, the highest number of deliveries since 2011, sales prices are expected to remain under pressure this year. However, a report by UAE-based real estate consultancy Core notes that transaction volumes in the ready sales market (both for cash and mortgage transactions) have seen a steady increase over…
Owning a home is a keystone of wealth… both financial affluence and emotional security.