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best property in dubai

Emirates Reit records net asset value of $520m for Q1-18

Emirates REIT 240518

Higher returns from key property assets helped Emirates Reit (real estate investment trust) report a net asset value of $520 million at the end of the first quarter 2018. The portfolio weighed at the $870 million mark. The European Business Center, which the Reit acquired in the third quarter of 2017, had a 7 per…

Where you can find cheapest one-bed in Abu Dhabi, Dubai, Sharjah

Apartmants for Rents in Dubai

Where you can find cheapest one-bed in Abu Dhabi, Dubai, Sharjah? Dubai: A tenant in Dubai looking for the cheapest one-bedroom option might have to set his sights outside of the city’s freehold communities. And head for Deira, where he might get lucky with a one-bedroom starting from Dh35,000 a year, according to data from…

Investors switch from primary to secondary homes in Dubai

Primary to secondary homes

Upswings in real estate markets typically spark a construction frenzy causing developers to launch a series of new projects in order to try and capitalise on the surge in demand, as seen in 2002 and 2012. For developers to attract buyers, they typically release off-plan properties at a discount to the ready market. This is…