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Monthly Archives: September 2017
The Last Thing On My Mind
According to the latest Phidar report, Dubai real estate prices and rents are set to fall on the back of six-year low sales of completed properties and increasing vacancy numbers – quoted “at 35%, in preferred communities sampled”. It also concluded … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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Welcome To Paradise
Cluttons has estimated that Q2 property prices dropped for the 12th consecutive quarter, with average prices falling 5.8% over the past twelve months and 14.0% over a three-year period. The real estate consultants also estimated that Q2 falls for apartments … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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Give Peace A Chance
Reidin-GDP estimate that developers have handed over 13.3k units in H1 (compared to just 8.7 units a year earlier); the consultancy expects the final figure to be in the region of 27k by 31 December 2017 and 31.3k a year … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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Walk On The Wild Side!
There will be another distinct building along the Dubai Canal, with the announcement by RKM Durar Properties of its new twin-tower development – J One. The curved towers (one 19-storey and the other 18), in a ‘U’ shape will house … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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I’m Still Standing!
Damac launched The Trump Estates Park Residence in Dubai, with the 4-bedrooom villas going on sale on 05 August. This comes a week after the developer launched Golf Vita Residential Towers overlooking the Trump International golf course. With a third … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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