Dubai residential market reaches a plateau: ValuStrat

Signs are becoming more pronounced that era of lower rents, sales prices could be over soon Dubai: Property analysts have said that rental rates and sales prices for apartments and villas in Dubai will continue to fall this year as more properties will be handed over. However, the era of lower rents and sales prices…

Why over 151 nationalities are buying property in Dubai

Prime property market outpaces market average during Jan-April 2016 Dubai’s prime market has continued to outperform the market average in the first four months of 2016, driven by a number of factors, according to Knight Frank. The UK-based consultancy pinpoints three such factors (mentioned below) that have supported regulation in prices and are set to…

Is this the dawn of affordable UAE real estate?

The UAE is world renowned for its luxury construction projects. While it’s true that there are products to suit all tastes and budgets, on the whole, sectors such as retail, dining, and hospitality possess a distinctly high-end flavour in the Emirates. The same could also be said for the country’s residential market. For many, cities…

How many millionaires will live in UAE by 2025?

As more affluent individuals will migrate out of some Mideast countries, UAE will see its millionaire numbers rise Dubai: The UAE is becoming increasingly popular as a haven for the rich, with thousands of millionaires moving into the country over the last few years alone, according to the latest data. The country’s millionaire numbers are…