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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…
Prime residential property prices in Dubai fell 1.9 per cent in the first half of the year. Dubai ranks as the third most affordable major global city for purchasing prime residential property, according to the findings of a new survey by Savills. Savills’ World Cities Prime Residential Index shows that Dubai property prices have dropped…
Dubai has been ranked as the third most affordable major city worldwide for purchasing prime residential property, according to a new index from Savills. The World Cities Prime Residential index ranked cities based on capital values price per square foot and price movements in local currency in the half year of the year. The most affordable cities…
Dubai: Property investors in Dubai were doing a lot of buying and selling in July. Or to be more precise, lots more. Both in ready homes and off-plan sales, July’s numbers turned in the best performances since 2017. Developers definitely have a lot to cheer about on the off-plan side, with the Dubai Land Department…