Monthly Archives: January 2016

Fields Of Gold

Posted on January 31, 2016 by howesdubai

The number of overnight visitors to Dubai jumped 7.5% to 14.2 million last year – almost twice the rate the United Nations World Travel Organisation had forecast earlier. India (with 1.60 million tourists) finally overtook Saudi’s 1.54 million visitors, to … Continue reading →

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Life In The Fast Lane

Posted on January 24, 2016 by howesdubai

Last week, a report indicated that 2015 property sales for both Abu Dhabi and Dubai amounted to just 8k, whilst a new study this week points to 18.6k units. Phidar Advisory also reported that villa and apartment 2015 sales were … Continue reading →

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The Man Who Sold The World

Posted on January 17, 2016 by howesdubai

To the surprise of many real estate “experts”, who had forecast that 2015 would see as many as 30k units completed in Dubai, JLL reported that only 8k hit the market in both Dubai and Abu Dhabi, compared to 16k … Continue reading →

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I Wasn’t Expecting That

Posted on January 10, 2016 by howesdubai

According to the 2016 RERA (Real Estate Regulatory Authority) official index, apartment rents have fallen by between 4.5% -11.0% in some areas such as Business Bay (11.0%), International City and JLT (both – 10.0%), Downtown and Palm Jumeirah  (both – … Continue reading →

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Look On The Bright Side Of Life

Posted on January 3, 2016 by howesdubai

The New Year’s Eve fire at The Address received global attention and saw the world’s media at its worst. For instance, Sky News were reporting that the fire was at The Torch in JBR, some 20 km away, whilst its … Continue reading →

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