jumeirah lake towers
Downward rental adjustments continue to take place in the Dubai market, says a Q2 2018 report released by property company Chestertons on Monday. This is due to several factors: additional stock being delivered, thus providing more choices, some tenants purchasing their own properties and conservative market sentiment. Average apartment rents are down 4 per cent…
MAG Lifestyle Development will launch two projects in Jumeirah Village Circle, which will cost Dh300 million to build. This is the first time the developer is entering this area. MAG 614 will be a 20-floor residential tower comprising 223 units, while the while the MAG 612 will be another 20-floor structure but with 144 units….
Ask for a higher rent and lose a potential tenant Dubai residents are getting extremely choosy about where they want to move into. It doesn’t matter whether a building has just been delivered, if the landlord’s offered rents do not match market rates, the homes are likely to remain empty. Even “newly handed-over, lower-end buildings…
10 cheapest places to rent in Dubai today Still struggling to pay the rent? You’re obviously not alone. While property experts say housing costs are getting cheaper, tenants in Dubai are still seeing apartments that cost more than the whole year’s salary of a low-income earner. A one-bedroom flat in Jumeirah Beach Residence (JBR), a…
Owning a home is a keystone of wealth… both financial affluence and emotional security.