In Q1, the apartment prices suffered a mere 2 % drop but the recent results of Q3 have marked a clear figure of 4%, which shows that prices of apartments in Dubai are under constant pressure. If we look at the rents of the apartments, we will come to know that they have remained same [...]
Many experts now believe that Dubai real estate market is leading towards non-transparency and it one of the major challenges of the time. This non-transparency is keeping the investor’s confidence low and so they are not daring to invest in Dubai real estate. Local buyers are becoming less victims of this non-transparency but the expats [...]
The recent performance reports of Dubai real estate depict that this sector is out of the period of low activity now. Prices have been gradually increasing since the beginning of the year 2011 except in August. This has led the experts to think that the real period of low activity was 2009 and 2010 which [...]
Since the global economic crunch of 2008, Dubai real estate has not been performing well. Prices of the properties are touching the bottom level and many experts are of the view that now is the best time to own a property in Dubai for future returns. Dubai realty market is constantly in depressed condition because [...]
Dubai metro has opened 16 Green Line Stations on last Friday, 9th September 2011, the other two are planned to open soon. This opening of Metro Green Line stations has brought happiness on the faces of Dubai property owners and Landlords. This is because with this opening, property prices are expected to rise and the [...]
Office space in the emirates is constantly facing bad times since the economic crunch hit Dubai economy. Recent reports show that office market in both the emirates also remained under pressure in Q2 of 2011. Results show that office rents in Dubai fell by 6% in Q2 as compared to Q1 and the overall vacancy [...]
According to the latest figures disclosed by Dubai Ministry of Finance, the Real Estate Kuwaiti investors account for 60% of the Dubai real estate purchases. During the last six months, it has been noticed by DAMAC properties that Kuwaiti investors are taking very much interest in Dubai real estate. DAMAC properties staff noticed that they [...]
In 2010, the earliest signs of stabilization were first seen in Dubai villas prices in the areas where demand was matched with the supply. The same trend has continued in the 1st, 2nd and 3rd quarters of 2011. Though the apartments, only in a very few places, also showed some recovery in prices in 2010 [...]
Dubai is one of the places in the world where one finds a combination of excellent business opportunities, fun and entertainment that is why a lot of people want to buy or rent a property in Dubai and spend their life there. For those who are looking to buy a house in Dubai or are [...]
I listen to the news of Dubai economy all day long. As per the various experts and analysts, Dubai is no more in recession and its real estate sector is out of slump. Being a real estate agent in Dubai, I wonder if they are right. Dubai real estate sector should witness the positive effects [...]