Archive for November, 2011

Dubai Hotel sector is showing signs of resilience

Nov 28, 2011 No Comments by

Since 2010, Dubai hotel sector has been showing signs of resilience. In 2010, Dubai hotels witnessed 3.3% increase in their revenue. This was mainly because guest’s arrival in Dubai increased to two million in the last year. This spelled as good news to the Dubai real estate stakeholders and they started to expect better times […]

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Benefits of rent cap extension in Abu Dhabi

Nov 24, 2011 No Comments by

The boom, which gulf real estate experienced in 2008, hit Abu Dhabi quite late so the glut of supply never remained as big an issue as it is in Dubai. This is the reason that Abu Dhabi witnessed modest declines in property prices and rentals even in bad times. Government of Abu Dhabi is vigilant […]

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Dubai real estate sector is gradually moving towards stability

Nov 22, 2011 No Comments by

The increased interest of GCC nationals to have their second homes in Dubai is boosting the demand of Dubai real estate. Some non-gulf residents especially Chinese and Indians have also been investing in Dubai real estate to make most out of the current situation. On the other hand, the vigilant steps taken by the government […]

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