News
The Chinese are estimated to devour $1.5 trillion in overseas real estate within the next decade The first half of the last century witnessed the unstoppable growth that industrialised most of the Western hemisphere. The second half of the past century has seen the “rise of the rest”, notably China. The country has grown nine…
A new poll found most investors are eyeing a purchase in their home country with the Emirates the next preferred location Around six in 10 UAE residents plan to invest in property in the UAE or overseas, making real estate the most popular investment class, a new survey found. Fifty-eight per cent are keen on…
A popular area for the working class, property prices in International City had dropped by 2.6 per cent. Despite decline in rentals and slowdown in overall real estate market, some section of Dubai’s property market still offer decent rental yield of high single digit to investors. “With prices flattening, the capital appreciation at this point…
Peter Cooper says Dubai’s new rent calculator misses the real draw of purchasing property in the UAE The intriguing new Rent vs Buy Calculator created by the real estate platform Propertyfinder caught my eye earlier this month. It compares the total cost of renting with the total cost of buying in the UAE. Its conclusion is…
Owning a home is a keystone of wealth… both financial affluence and emotional security.