Dubai property prices fall to seven-year low as deal volumes rocket

Dubai Marina

New research shows average property price in Dubai falls to AED895 per sq ft in November Property prices in Dubai fell to AED895 per sq ft on average in November, representing their lowest level for seven years, according to new research. The Dynamic Price Index (DPI) from Property Monitor, the UAE-based data platform, covers property…

Foundation stone laid for MAG City

Mag

Company commits to delivery plans, promising to complete the project on time in 2022 MAG Development, the real estate arm of the Mag Holding Group, has announced the laying of the foundation stone for the MAG City project, which is located in Mohammed bin Rashid City’s Meydan District 7. The groundbreaking ceremony for the Dh2…

Dubai property demand-supply balance seen in 2022

Dubai-skyline

Being restricted on cheques and less than accurate listings are their main peeves Demand for Dubai’s property remains pretty strong despite oversupply and demand-supply balance is likely to be achieved by 2022, say senior industry officials. Stressing that oversupply is a concern, they, however, rule out slump in demand as approximately up to 30,000 units…

10 Easy Tips for Saving Money at the Paint Store

paint colors

Remember that you can really save money at the paint store. Paint is one of the quickest ways to makeover your home. If you are trying to save money, updating your color scheme with paint is a budget-friendly option compared to other decorating projects around your home. Though paint can be relatively inexpensive compared to replacing counters…