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dubai

Buy or rent a home in Dubai?

Buy or Rent home in Dubai

Buy or rent a home in Dubai? Residential rents in Dubai are now more than 15 to 20 per cent lower than peak levels in 2015 while sales prices are also fall in affordable category with increasing supply of residential units, says a latest report. With the onset of an early Ramadan followed by summer,…

Ask for a higher rent and lose a potential tenant

Rental dip in Dubai

Ask for a higher rent and lose a potential tenant Dubai residents are getting extremely choosy about where they want to move into. It doesn’t matter whether a building has just been delivered, if the landlord’s offered rents do not match market rates, the homes are likely to remain empty. Even “newly handed-over, lower-end buildings…

New policies to boost FDI in real estate

FDI in property

New policies to boost FDI in real estate ew policies and incentives will soon be announced which will lead to further growth in foreign direct investment (FDI) into Abu Dhabi, a top government official said on Tuesday. In his opening remarks at the 12th edition of Cityscape Abu Dhabi, an official from the Department of…