Tag Archives: Arabtec

Propertyfinder reports that Jumeirah Lake Towers is now Dubai’s top performing location for apartment rental values, as it was the only area to show an H1 price increase (1.0%). Other more salubrious sectors, such as Palm Jumeirah, Downtown, Jumeirah Beach … Continue reading →

A Reidin-GCP report indicated that freehold land prices in the emirate had appreciated by 13% in H1, with this figure to rise even more with Expo 2020 on the horizon. Furthermore, 2016 construction permits are 38% higher than the same … Continue reading →

Asteco’s latest report points to declines of 7.0%, on an annual basis, and 2.0%, in Q2, in apartment prices. Rentals nosedived in certain locations, most notably in Business Bay, Downtown, Deira and International City, where falls have ranged between 11%-14% … Continue reading →

In line with recent similar industry reports, JLL has also concluded that the Dubai property downturn has probably bottomed out and, that after a subdued Q2 (with little change in rentals and sales prices), positivity could return in H2. The … Continue reading →

Propertyfinder has signalled that the three year realty slump may have come to an end, following an 18 month fall in median sales prices of 20% (and rental falls of 21%), up to April 2017. The consultancy estimates that with … Continue reading →

Dubai has come up with another global first – this time a collective-endowment park, established by the Mohammed Bin Rashid Global Centre for Endowment Consultancy and Dubai Municipality. Located in Mushrif Park, it will include a not-for-profit date-packing factory that … Continue reading →

According to the latest Global Capital Partners-Reidin study, off-plan sales surged 58.2% to 7.2k for the first five months of 2017. The three more popular locations were Dubai South up 613.5% to 528 units, JVC (169.8% to 342) and Dubai … Continue reading →