News
Property prices and rents in Dubai are expected to “move up” from mid-2017 as preparation for Expo 2020 go ahead in full steam, according to a new report. Dubai’s World Expo 2020 said on Monday it will award 47 construction contracts worth $3 billion (AED11bn) to local and foreign companies this year. In 2014, global…
With the World Expo 2020 on the horizon and the National Bank of Abu Dhabi declaring that the residential market has bottomed out, is 2017 the year to buy Dubai property? Dubai’s property market has been a roller-coaster in recent years, from the market’s collapse in 2008 to boasting the world’s fastest rate of house…
The award of Dh11 billion worth of construction contracts at the Expo 2020 site this year has reinforced economists’ existing expectations of growth in the UAE this year, but is not expected to significantly change them. The Expo 2020 Bureau in charge of delivery of the event on Monday announced that it would award 47…
Iconic projects can enhance the value of nearby properties, but the effect is not always immediate The influence that an iconic project can have on its locale is often quite dramatic. Apart from becoming a magnet for activity and development, trophy properties or iconic projects have the ability to change the value of nearby real…
Owning a home is a keystone of wealth… both financial affluence and emotional security.