Tag Archives: Dubai property

Hotel California

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

Posted in Categorized | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Here We Go Again!

Here We Go Again!                                                                                           30 July 2020 A report by the Dubai Statistics Centre showed that the real estate sector’s Q1 growth was 3.7% higher, year on year, contributing 8.0% to Dubai’s GDP. In 2019, it was … Continue reading

Posted in Categorized | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Go Your Own Way!

Go Your Own Way                                                                                         23 July 2020 Latest figures from Moody’s Investors Service just confirm a 30% fall in Dubai property prices since mid-2014 and the sector is currently still in bear territory in an economic environment rattled by Covid-19 … Continue reading

Posted in Categorized | Tagged , , , , , , , , , , | Leave a comment

Riders On The Storm

Riders On The Storm                                                                                        16 July 2020 According to reports this week, JLL estimate that 12k units were handed over in Q1, a long way short of the 83k that was forecast at the beginning of the year … Continue reading

Posted in Categorized | Tagged , , , , , , , , , , , , , , | Leave a comment

If I Could Turn Back Time! 09 July 2020

If I Could Turn Back Time!                                                                09 July 2020 The latest Property Finder report points to a June improvement in the Dubai property sector, as month on month sale transactions were 60% higher. Low prices encouraged the increased demand that … Continue reading

Posted in Categorized | Tagged , , , , , , , , , , , , , , | Leave a comment

Do You Know Where You’re Going To?

Do You Know Where You’re Going To?                        25 June 2020 It has to be Dubai when it is announced that the emirate will have the first-ever climate-controlled ‘Raining Street’ which will see year-round rain along a 1 km boulevard. Developed … Continue reading

Posted in Categorized | Tagged , , , , , , , , , | 1 Comment

Love Is In The Air

Love Is In The Air                                                                                            13 February 2020 Luxhabitat estimated that last year 1.5k villas and 16.5k apartments were transacted in Dubai’s prime residential market, equating to a 23.0% rise in value to US$ 11.5 billion. Taking in the overall … Continue reading

Posted in Categorized | Tagged , , , | Leave a comment

Just Hold On!

Just Hold On                                                                                                  06 February 2020 Luxhabitat has released figures indicating details of the top selling properties in Dubai last year, starting with a 22.9k sq ft villa in Mohammed Bin Rashid City, selling for a cool US$ 25 million, … Continue reading

Posted in Categorized | Tagged , , , | Leave a comment

Slow An’ Easy

Slow an’ Easy                                                                                             28 November 2019 Signs that the property slump may have bottomed out, after four years, continue with the average monthly loss, in capital values, falling 0.8%, compared to the average 1.0% decline so far this year. … Continue reading

Posted in Categorized | Tagged , , , , , , , , , | Leave a comment

For Whom The Bell Tolls

For Whom The Bell Tolls                                                  28 March 2019 According to the UAE real estate portal Property Finder, 55% of the emirate’s realty sales, for the first two months of the year, were for off-plan homes, with the balance … Continue reading

Posted in Categorized | Tagged , , , , , , , , , , , | Leave a comment