Attractive yields making affordable housing appealing: Report Dubai’s prime residential market is expected to remain buoyant until 2020, according to Core, UAE associate of Savills. The “H1 Dubai Investment Outlook” report reveals the prime residential market will benefit from limited availability in the few established areas and the steady demand, aided by the growing pool…
Established prime residential, office, and warehousing locations were among Dubai’s H1 2016 real estate winners, according to Core, UAE associate of Savills. The property specialist’s Dubai Investment Outlook H1 2016 also found that mid-segment hotels and serviced apartments, and international curriculum schools, proved positive investment choices during the first six months of the year. Grade…
There appears to be a common consensus within the UAE’s real estate community at present: namely, that the market is ‘bottoming out’. Earlier this month, Asteco highlighted a “continued focus on affordability” in Dubai. Prices in the emirate, the company noted, have fallen 5% year on year, and transaction levels have declined by 17%. John…
Violators can face Dh1,000 to Dh50,000 in fines for overcrowding Dubai Municipality has advised property owners renting out their apartments to monitor their tenants and report any breach of contract. “Do regular monitoring for the house to make sure the tenant is committed to the agreed contract,” the civic body said . It refers to…
Owning a home is a keystone of wealth… both financial affluence and emotional security.