Category Archives: Uncategorized

Waterloo

Waterloo                                                                                            22 January 2021 JLL has come out and forecast that Dubai property prices are set to fall again in 2021 by between 5% to 8%, as excess supply remains the sector’s bugbear. According to Dana Salbak, head of research … Continue reading

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Everybody Wants To Rule The World!

Everybody Wants To Rule The World!                          Everybody Wants To Rule The World!                                                          15 January 2021 As Dubai property starts to recover, after nearly six years of bear trading, the value of Q4 Dubai property transactions, at US$ 6.0 billion, was … Continue reading

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It’s A Man’s, Man’s, Man’s World!

It’s A Man’s Man’s Man’s World                                                          08 January 2020 The big news of the week (and perhaps the year) was the signing of the AlUla Declaration at the conclusion of the GCC Summit, marking a definitive end to the … Continue reading

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Magical Mystery Tour

Magical Mystery Tour!                                                                      01 January 2021 Located in the heart of Jebel Ali, Azizi Developments officially inaugurated Aura, a 479-unit, 18-storey development, comprising 349 studio, 87 1 B/R and 43 2 B/R apartments. The project is a freehold residential … Continue reading

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Go Your Own Way!

Go Your Own Way!                                                                        25 December 2020 For the latest week ending 24 December, real estate and properties transactions were valued at US$ 1.25 billion, including 92 plots selling for US$ 131million, along with 808 apartments/villas for US$ 360 million. … Continue reading

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Time Is Running Out!

Time Is Running Out!!                                                                       17 December 2020 The latest Valustrat report points to a stabilisation in property prices in 2021 with two caveats – the economy recovers from the pandemic-induced slowdown and government initiatives, including overseas visas for expatriate retirees … Continue reading

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Found Shelter From The Storm

Found Shelter From The Storm                                                       10 December 2020 Because of an oversupply in the Dubai market, Emaar Properties announced the halting of all new projects. For the past six years, the sector has laboured through a construction boom, that has … Continue reading

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Ain’t No Stopping Us Now!

Ain’t No Stoppin’ Us Now!                                                                      03 December 2020 By the end of October, the Dubai Land Department (DLD) had recorded a total of 3.4k monthly sales transactions, worth US$ 1.9 billion, and a ten-month total of 27.8k, valued at US$ … Continue reading

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I Read The News Today, Oh Boy, 4,000 Holes In Blackburn, Lancashire 26 November 2020

I Read The News Today, Oh Boy, 4,000 Holes In Blackburn, Lancashire In hopefully what is a minor blip, October saw Dubai property prices dipping 1.0% to US$ 222 per sq ft, as there were lower transactions of 3.5k, (down … Continue reading

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No Face, No Name, No Number.

. No Face, No Name, No Number.                                                           19 November 2020 According to DLD statistics, the top five nationalities, investing in the local property market last year, were Indians, Emiratis, Saudis, Chinese and the British.  Figures involved were 5.3.k and … Continue reading

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