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JVC sees lower decline despite huge supply with IMPZ and Discovery Gardens worst hit Dubai: Dubai’s rental market is going against conventional wisdom … at least in some locations. Consider what’s happening at Jumeirah Village Circle. The mid-market residential community accounted for more than 20 per cent of the 5,000 new homes that were completed…

Average Dubai property prices have fallen by 13.2 percent in the past year, according to new research. Cavendish Maxwell’s Dubai House Price Index for April showed that some communities registered even higher price declines over the past 12 months. It said Emirates Living, Dubai Silicon Oasis, Jumeirah Lake Towers and IMPZ were some of the…

Assets often become distressed because of the operational and financial difficulties faced by the owner or issuer of the assets, which may result in insolvency or bankruptcy. Such situations create opportunities for distressed sales, offering great deals for buyers. These assets are valued below their actual price and could be in default or close to…

Residential property prices in Dubai and Abu Dhabi fell by around 5 percent during 2018, putting both cities in the bottom 10 performers in the world, according to new research. The Knight Frank Global Residential Cities Index for Q4 2018, which tracks mainstream residential prices across 150 cities, placed Dubai 142nd and Abu Dhabi 144th….