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real estate market in Dubai

Is paying off your home mortgage early a good idea?

If finding your dream house and getting a mortgage approved is one part of buying a house, then owning it by paying back the loan is the other. Mortgage loans in the UAE are capped at about 70-75 per cent of the property value on a maximum tenure of 25 years. On proper planning, getting…

Co-working spaces are the future for commercial realty

Millennials – those currently aged between 20 and 37 – are changing the way the world works and are demanding new ways of working. The Dubai real estate sector must be mindful of the changing demands of working and work spaces and react to future needs. It is very clear that the rising tide of…

Revealed: how luxury Dubai property market compares globally

Luxury property prices in Dubai have fallen by 3.8 percent on average over the past year, according to new research by real estate consultancy Knight Frank. Its Prime Global Cities Index, Q3 2018 report ranked Dubai 39th out of 43 luxury real estate markets analysed. It said prime property prices in the emirate have fallen…