Author Archives: howesdubai

Thank You Very Much!

Posted on October 9, 2020 by howesdubai

Thank You Very Much!                                                                     09 October 2020 A report by Springfield Real Estate on the Dubai residential market is fairly bullish – not unexpected because that is their job to push the business higher. It expects a strong supply chain … Continue reading →

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The Taxman’s Taken All My Dough! 02 October 2020

Posted on October 2, 2020 by howesdubai

The Taxman’s Taken All My Dough.                                                02 October 2020 According to Data Finder, Q3 registered a 55.8% increase in the total of property sales at 8.7k, with transactions worth US$ 5.0 billion, 67.7% higher. YTD figures indicate that there were … Continue reading →

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From a Distance1

Posted on September 25, 2020 by howesdubai

From A Distance!                                                                               24 September2020 Since the UK government introduced an eight-month break in Stamp Duty Land Tax that sees no duty paid on any property transfer less than US$ 640k (GBP 500k),UK house sales have risen 14.5% and 15.6% … Continue reading →

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You Get What You Give!

Posted on September 18, 2020 by howesdubai

You Get What You Give!                                                                     17 September 2020 A report by ValuStrat reported a 1.6% monthly price decline, along with strong activity levels, much in line with Property Monitor’s latest findings that the average August property price in Dubai … Continue reading →

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Get The Fire Brigade!

Posted on September 11, 2020 by howesdubai

Get The Fire Brigade!                                                                        10 September 2020 Airolink has been appointed by Seven Tides as the main building contractor to complete its US$ 272 million Seven City JLT development. Due for completion in 2023, the 2.7k unit project covers an … Continue reading →

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All The Young Dudes!

Posted on September 4, 2020 by howesdubai

All The Young Dudes!                                                                       03 September 2020 There was a significant and historic move this week when the country’s President Sheikh Khalifa bin Zayed Al Nahyan issued a federal decree “abolishing the Federal Law No. 15 of 1972 regarding boycotting … Continue reading →

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A Change Will Do You Good!

Posted on August 28, 2020 by howesdubai

A Change Will Do You Good!                                                            27 August 2020 A new CBRE report is relatively bullish on the Dubai property sector, indicating a rise in demand for villas and town houses, as many end-users are looking for more space, … Continue reading →

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That’s What Friends Are For!

Posted on August 21, 2020 by howesdubai

That’s What Friends Are For                                                                        20 August 2020 Not seen for more than a decade, rent to own schemes have returned to the Dubai property sector, as Dubai South Properties announce such a plan for new tenants of The Pulse … Continue reading →

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It’s Not Over Yet!

Posted on August 14, 2020 by howesdubai

It’s Not Over Yet!                                                                              13 August 2020 The big news of the week sees the UAE and Israel signing a historic peace agreement – a deal that will normalise diplomatic relations between the two countries. A joint statement between the … Continue reading →

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Hotel California

Posted on August 7, 2020 by howesdubai

Hotel California                                                                                             06 August 2020 As noted in a blog last month, (‘Riders On The Storm’ – 16 July), property prices and rents in some of Dubai’s popular communities remained fairly stable in H1, despite a slowdown induced by the … Continue reading →

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