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dubai real estate

Dubai luxury homes market to remain resilient in 2020

Dubai luxury homes market to remain resilient in 2020

The luxury residential market in Dubai will remain resilient in 2020. Expectation derives from existing and prospective local and foreign direct investment (FDI) into the construction and purchase of exclusive luxury homes in the city’s prime residential areas. I want to explain how the luxury segment of the market remains resilient to price fluctuation, reflecting…

Upcoming iconic skyscrapers to add more glamour to UAE skyline

Dh69b worth of landmark projects are currently underway across the UAE, with Dubai taking the lion’s share. The UAE, especially Dubai, is home to some of the world’s most-visited landmarks, attracting millions of visitors from different corners of the world. Known for its skyscrapers, the UAE is working on a number of new landmarks and…

New communities in Dubai will see more rental demand

Dubai Skyline

Compared to two years ago, apartment rents are more than 20 per cent cheaper. Residential rents in Dubai across categories continued to decline on the back of softer demand and pressure caused by upcoming supply, real estate surveys show. Analysts at Kamco Research said the highest declines in second quarter was witnessed in the affordable…