Tag Archives: UAE

Handbags And Gladrags

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

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Fool If You Think It’s Over!

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

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Stuck In A Moment You Can’t Get Out Of

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

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Harder, Better, Faster

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

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Where Did We Go Wrong?

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

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Bend Me, Shape Me (Anyway You Want Me)

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

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The Ground Beneath Her Feet!

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

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