Category Archives: Uncategorized

No Woman, No Cry

Posted on February 13, 2021 by howesdubai

  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

Posted on February 5, 2021 by howesdubai

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

Posted on January 29, 2021 by howesdubai

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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Waterloo

Posted on January 22, 2021 by howesdubai

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!

Posted on January 15, 2021 by howesdubai

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!

Posted on January 8, 2021 by howesdubai

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

Posted on January 1, 2021 by howesdubai

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!

Posted on December 25, 2020 by howesdubai

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!

Posted on December 18, 2020 by howesdubai

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

Posted on December 11, 2020 by howesdubai

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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