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dubai homeowners

Rise in Dubai mortgage activity points to a healthy market

Mortgage - Dubai property home finance

Rise in Dubai mortgage activity points to a healthy market An analysis of international real estate markets like the United States reveals that between 20 per cent and 30 per cent of overall transactions continue to occur in cash. This suggests that cash will always play a role in real estate transactions. In Dubai, there…

Discounted ready homes hit off-plan sales in Dubai

Dubai offplan property prices

Discounted ready homes hit off-plan sales in Dubai Off-plan property transactions in Dubai are tapering off in comparison with last year. They are down 30 per cent year to date compared to the corresponding period last year. This could be because ready properties are trading at a significant discount to their off-plan counterparts in some…

Abu Dhabi house rents slip further in Q1

Abu dhabi property update

Abu Dhabi house rents slip further in Q1 Sales prices and rents for both apartments and villas continued to soften in the first 3 months of 2018, with little prospect of improvement in the short to medium term, according to Chestertons Mena. While apartment and villa rents fell on average by 3 per cent (quarter…

Coming up: Dh300 million mall in Al Khawaneej

mall in Al Khawaneej

Coming up: Dh300 million mall in Al Khawaneej Nakheel and Al Nasr Cultural & Sports Club have joined hands to develop a Dh300 million mall in Al Khawaneej district. Under the joint venture, the 2 organisations will deliver a retail, dining and entertainment hub with a total built-up area of 775,000 square feet, including 330,000sqft…