News
Dubai has been a predominantly tenant market, but times are changing, according to property experts Dubai: Given the transient nature of the majority of its population, Dubai has always been a predominantly tenant market. Most people share the view that, since they won’t be staying in the emirate for good, renting a flat or a…
New and prime commercial properties in nearby clusters pile on the pressure Dubai: The upscale office towers on Shaikh Zayed Road are facing intense rental pressures — from the new commercial properties coming just up — and off — Dubai’s main highway. So much so, the older offices have seen average rental declines of 6…
Real estate transactions will reach Dh300 billion in 2016, DLD chief The launch of affordable housing projects in Dubai is making UAE residents, with salaries of even Dh8,000 a month, consider the option of becoming home owners. A new report by compareit4me.com, a finance comparison website, points to the “renter to owner” movement with home…
‘Falcon Eye’ will receive live feed from surveillance cameras across the emirate The Abu Dhabi Monitoring and Control Centre (ADMCC) has announced the launch of the ‘Falcon Eye’ system throughout the city of Abu Dhabi, including Abu Dhabi International Airport, the main islands, and Bani Yas and Musaffah areas. The system is a complete central…
Owning a home is a keystone of wealth… both financial affluence and emotional security.