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Dubai property nets Dh162 billion in first 9 months of 2018

“Last year, there was a huge amount of off-plan launches. Around 66,000 units in total were introduced to the market with a range of attractive offers and floorplans. This year, the developers have understandably [as you can’t keep putting out…

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Local developers can seek the hospitality option

Developers in Dubai may get another chance to clear part of their inventory. The Indian hospitality brand, Oyo, considering possibilities to launch its “Town house” concept in the emirate. What this does is take up mid-tier properties on longer leases…

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Could Dubai’s property market be facing undersupply problems?

Concerns about potential oversupply in the Dubai market could be far off the mark, says Property Finder Dubai may be suffering from an undersupply of property despite concerns to the contrary, according to UAE-based real estate portal Property Finder. Based on…

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