real estate market in Dubai
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…
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…
I have just completed the sale of my apartment in Abu Dhabi, where the buyer paid the usual 2 per cent commission to the agent. In the early days of the process, the agent also sent me a contract to sign requiring me to pay a further Dh10,000 to the agent as the seller. I…
The UAE climbed 10 spots to 11th place in the World Bank’s annual ease of doing business ranking, following a package of reforms in the past year that boosted the country’s economic competitiveness. “A continuous and focused reform agenda keeps an economy competitive and vigilant,” the World Bank said as it published the 2019 report…
Owning a home is a keystone of wealth… both financial affluence and emotional security.