Category Archives: Categorized

Dubai Property

So You Think You’ve Got Troubles

So You Think You’ve Got Troubles                                                              01 April 2021 Azizi Developments recently celebrated the handover of Mina, its luxurious development on the eastern crescent of Palm Jumeirah and is on its way to complete its ambitious target of handing over … Continue reading

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Waiting For The End

Waiting For The End                                                                                25 March 2021 This week came the sad news of the death of Sheikh Hamdan bin Rashid Al Maktoum, the country’s Minister of Finance since the UAE’s 1971 formation. He was the second son … Continue reading

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Only Time Will Tell

Only Time Will Tell                                                                                        19 March 2021 For the week ending 18 March, there were almost 1.5k real estate and property transactions, valued at US$ 1.55 billion, with 104 plots selling at US$ 150 million and 900 apartments/villas for US$ … Continue reading

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Suspicious Minds

Suspicious Minds                                                                              11 March 2021 February was another good month for the Dubai property sector. Month on month, there was a 15.6% hike in the number of property transactions to 3.8k, along with a 10.6% rise in the value of … Continue reading

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Mother’s Little Helper

Mother’s Little Helper                                                                                           04 March 2021 According to the latest S&P Global Ratings report, Dubai’s Covid-battered economy will not return to 2019 levels until 2023, whilst key sectors – including hospitality, real estate, retail and tourism – will remain … Continue reading

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You’ll Be The One Who’ll Lose!

You’ll Be The One Who’ll Lose                                                         26 February 2021 Sobha, which is building the US$ 4 billion Sobha Hartland project, near to MBR City, confirmed that the company’s partnership with state-owned Dubai developer Meydan ended “in an amicable way” after … Continue reading

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Good Day Sunshine!

Good Day Sunshine!                                                                          19 February 2021 Positive news on the Dubai property front saw January secondary/ready properties transactions jump to its highest level since March 2014, with a total of total of 3.3k sales transactions, worth US$ 1.84 billion. Compared … Continue reading

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No Woman, No Cry

  No Woman, No Cry                                                                                       12 February 2021 The latest weekly value of Dubai real estate transactions totalled more than US$ 900 million, including US$ 384 million relating to 802 real estate sales, (villas/apartments), US$ 439 million for registration of … Continue reading

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Truth Hurts

Truth Hurts                                                                            05 February                              On the back of some positive drivers, (including public infrastructure spending, trade growth nudging higher, lower entry property prices and expat-friendly changes to certain legislation), the Dubai real estate sector looks set for a … Continue reading

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Casino Royale

Casino Royale                                                                                    29 January 2021 Leading portals, Bayut and Dubizzle, have reported that, last year, off-plan transactions accounted for 52.9% of total sales, equating to US$ 3.9 billion of the total of US$ 7.4 billion. It is estimated that … Continue reading

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