News
Arms &McGregor International Group announces finalization of investment in Verifeco. Verifeco is expected to be a major impactor in the business solution industry globally. Verifeco currently runs 2 solutions in beta, of a total of 15 solutions expected to launch in the coming 24 months. This investment comes in line with Arms &McGregor International Group’s…
Dubai and Abu Dhabi posted two of the highest property price declines in the world between Q3 2018 and Q3 2019 – Knight Frank Dubai and Abu Dhabi posted two of the highest property price declines in the world, according to Knight Frank’s latest Global Residential Cities Index. The index, which covers real estate markets…
Average apartment rents in Dubai dropped by 13.4 per cent year-on-year in Q4 2019 Residential rents in Dubai continued to drop in the last quarter of 2019, with apartments posting a double digit year-on-year decrease in rates, a new report has found. Average apartment rents in Dubai dropped by 13.4 per cent year-on-year in the…
Real estate research firms predict around 50,000 units will hit Dubai this year. Residential property supply is set to hit an all-time high in Dubai in 2020, keeping prices and rentals under pressure this year as well and attracting more cost-conscious buyers due to higher affordability, say analysts. Real estate research firms predict around 50,000…