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Despite the dynamics of Dubai property market, it still remains one of the most favourite cities, especially for the elite and famous class. It is because Dubai never falls short of exquisite properties with unique architecture, lavish designs, contemporary facilities, world class amenities and overall exceptional features. With such high profile developments, it is no wonder that many international investors choose Dubai for their future home. However, there are several locals and expats who... Read Full Post

With positive economic growth, high performance record of 2012, entry of cash buyers in market, revival of investors’ confidence and proclamation of new developments; a sudden flurry of activity is noticed especially in the residential property market of Dubai. It is said that the beginning of 2013 was quite confusing and lacklustre for Dubai real estate market following the announcement of series of loans for Dubai property buyers by Central Bank and the introduction of loan cap for expats... Read Full Post

The Q1 market report for Dubai's residential market assesses that the positive economic activity driven from business has led to fresh property developments and confident property investment throughout the UAE. The claim is supported by concrete statistics. The average increase in the asking price of all apartments in Q4 2102 was 3 % for apartments and 4 % for the villas. Dubai Marina and Downtown Dubai apartments marked a bigger increase of 22% and 21%, respectively. The situation with a sal... Read Full Post

The real estate sector of Dubai that was victimized by recessional glitch, has recovered within a shorter period of four years. The property in Dubai was affected adversely in 2008, which once again savoured ameliorations in 2012, with an expected growth in current and coming years. Dubai is well-known for its state of the art real estate developments. Dubai is a home to various skyscrapers and it seems to be vying with the whole world in the run of building skyscrapers based on innovative id... Read Full Post

Dubai real estate market has registered a remarkable performance in 2012, eliminating several negative trends that hampered recovery of this sector. The annual real estate transaction report issued by Dubai Land Department suggests that with an 18% increase in the number of property transactions and 8% rise in the value of real estate transactions in 2012, the Dubai real estate sector is likely to shift up a gear in 2013. The sector will experience a broader based recovery on the basis of con... Read Full Post

After seeing the decline in property prices since 2008, Dubai real estate sector finally discovered a way back to recovery in 2012. It was the year when the demand for properties began to grow, rents for housing units witnessed a notable increase and prices started to rise gradually, which forecast a strong growth rate ahead in 2013. According to real estate experts, anticipating the growth trend and gradual increase in demand throughout the last year, it is clear that recovery is only limite... Read Full Post

Other than being the richest of the seven UAE states, Abu Dhabi has also become the costliest when it comes to high-end properties. Despite the fluctuation observed in its rental market, the 3-bedroom luxury apartment in Abu Dhabi remained the most expensive in the UAE during 2012. It is also interesting to note that although Dubai’s rental market stabilized by the end of 2012 but Abu Dhabi’s performed well overall. The state also climbed the global ranks and earned the 23rd slot among th... Read Full Post

After facing hard times for nearly 4 years, this was for the first time in 2012 that momentum in Dubai property market started to build. Since the property bubble burst in 2008, confidence in the market emerged for the first time and a great number of investors adopting ‘wait and watch’ approach started to mobilize their savings in Dubai real estate sector. This is why number of Dubai realty transactions closed in 2012 hit $42bn and overall 30% price growth was recorded at the end of the ... Read Full Post

Last year is credited to be the ‘year of optimism’ because it brought many good news about the performance of Dubai real estate sector. Property investors from all over the world who had lost confidence on real estate investing in Dubai made several property deals during the year. In this regard, Dubai emerging as the ‘safe heaven’ and the most preferred investment destination played a prominent role to encourage them and enter in Dubai real estate market with renewed confidence. Prop... Read Full Post

If on one hand 2012 brought the times of celebration for Dubai mortgage market then on the other it also raised concerns about re-inflating property bubble in the emirate. With several banks offering mortgages on easy and flexible terms and conditions, lowest possible interest rates and down payment requirements of as low as 15%, unhealthy competition among the banks was rising in Dubai. Experts if on one hand were happy to see activities of mortgage market picking up gain then on the other h... Read Full Post