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Real estate Dubai

Dubai sees jump in home completions to 22,000 in 2018

Dubai sees jump in home completions to 22000 in 2018

Dubai witnessed its highest number of residential deliveries in the last five years in 2018 with a number of major project completions adding 22,000 new units, according to new research. JLL’s Review of 2018 report said there are concerns of supply increasing ahead of demand over the coming years which could continue to place downward…

This is why it’s the best time to move to Dubai

This is why it’s the best time to move to Dubai

Thanks to persistent decline in rents, reduced government fees and fines, and freezing of school fees, Dubai has become even more affordable in 2019 compared to the previous year with rentals and prices of groceries and restaurants declining on a year-on-year basis. According to the latest Cost of Living Index data by Numbeo, which collects…

Dubai residential capital values dip 11.1 per cent in 2018

dubai realty buildings

Dubai: Dubai’s apartments and villas are indeed becoming more affordable for both buyers and tenants, with sale and rental prices continuing to register a decline. The city’s residential property market posted an overall 11.1 per cent drop in capital values in 2018, with quarterly declines of 3.1 per cent, according to the latest data released by…

Dubai’s designer homes

Designer homes Dubai

Dubai’s prime property market has regained stability after price swings in the recent past. In the first nine months last year, prime sales volumes rose by 6 per cent and the total value of prime transactions reached Dh2.27 billion, up 9 per cent from the same period a year earlier, according to Knight Frank’s Wealth…