All Posts in Category

News

For residents, 2019 will be the year to rightsize

For residents, 2019 will be the year to rightsize

We look at reasons Dubai residents will move homes this year As a Dubai resident, have you figured out your New Year resolutions yet? And does it have anything to do with moving homes? A study conducted by Service Market, a home services provider in Dubai, found that while last year saving money and getting…

US team to review Dubai real estate investment

US team to review Dubai real estate investment

150 agents and 11 investors from the US seek investment opportunities in Dubai. The Dubai Land Department (DLD) will receive a delegation from the US representing government and private institutions and comprising more than 150 real estate agents and 11 investors who are seeking investment opportunities in Dubai. Sultan Butti bin Mejren, director-general of DLD,…

Dubai sees real estate deals worth Dh19 billion in last 10 days

Meeras

Al Warsan First came in first place with 200 transactions worth Dh111 million Dubai’s real estate market recorded a high transaction volume during the last 10 days of 2018, with a value of over Dh19 billion through 2,081 transactions. Sultan Butti bin Mejren, director-general of the Dubai Land Department (DLD), said these figures are a…

Will sale prices, rents stay affordable in Dubai next year?

Dubai

Sales prices and rents are likely to remain under pressure. 2019 will also continue to be a pro-buyer property market in Dubai. Due to ample existing and recently delivered supply, sales prices are likely to remain under pressure in 2019. According to ValuStrat, prime residential areas, which saw relative resilience in 2018, may continue to…