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real estate market in Dubai

Are Dubai’s prime homes getting smaller?

smaller apartments

Despite Dubai’s image as an expensive metropolis, prime properties in the city are among the most spacious and lowest-priced of comparable global hubs, almost 40 per cent cheaper than Singapore and 50 per cent less than in Moscow or Paris, according to the Global Comparisons report by Core Savills. As a result, one can buy…

The smart way to invest in real estate

Smart way to invest in real estate

HI-TRAC The author’s shorthand for Happiness Index, Infrastructure, Talent, Regulations, Access and Capital. The six pillars that make the UAE a great place for a startup. This week’s is about a company that is leveraging the positive regulatory environment and creating capital for small investors in real estate. Forty two years – that’s the time…

Tepid market pressures UAE’s industrial real estate

Dubai Real estate

Increased competition and a tepid global and national market mean only the UAE’s premier industrial and commercial properties have held their pricing in the first half of 2018, according to a report by international property consultancy Knight Frank. The report notes that the long-term prospects remain sound, with UAE’s industrial sector having grown 31 per…

Handovers start for the super-luxe Bvlgari homes in Dubai

Bvlgari Residences

The handover has started for the Bvlgari Residences on Jumeirah Bay, with some of the units representing the costliest transactions made in Dubai last year. The island community comprises 168 apartments, ranging from one- to three-bedroom units, six four-bedroom penthouses, and 15 mansions with three- to six-bedrooms. Some of the units were bought for well…