dubai homeowners
Dubai residential properties have seen their capital values decline by 20 per cent since the market peak of mid-2014, says consulting firm ValuStrat. However, the steep declines have boosted sales as transaction volumes and average ticket sizes have increased across the board. Quarterly declines of more than five per cent were registered in locations such…
Institutional interest has been steadily rising in Dubai real estate. These players typically include banks, real estate investment trusts (Reits), insurance companies, etc. Although they have been primarily investing in Grade A office buildings, of late, they have widened their horizons to include industrial units, schools, community shopping malls, medical facilities and hotels. Funds and…
Despite Dubai’s image as an expensive metropolis, prime properties in the city are among the most spacious and lowest-priced of comparable global hubs, almost 40 per cent cheaper than Singapore and 50 per cent less than in Moscow or Paris, according to the Global Comparisons report by Core Savills. As a result, one can buy…
HI-TRAC The author’s shorthand for Happiness Index, Infrastructure, Talent, Regulations, Access and Capital. The six pillars that make the UAE a great place for a startup. This week’s is about a company that is leveraging the positive regulatory environment and creating capital for small investors in real estate. Forty two years – that’s the time…
Owning a home is a keystone of wealth… both financial affluence and emotional security.