Property Mag January 2020
How Dubai property prices, rents are forecast to perform in 2020
New research by ValuStrat says Dubai real estate market will continue to soften next year but at a slower rate Capital values and rents in Dubai are forecast to continue to soften next year but at a slower rate, according to research by ValuStrat. The consultancy said in a new report that the city will […]
Dubai sees record number of real estate deals in 2019
Over 44,500 real estate transactions were completed in Dubai from November 2018 until the end of November this year A record 44,590 real estate transactions were completed in Dubai from November 2018 until the end of November this year, according to Data Finder, which is part of the Property Finder platform. Despite continual suggestions of […]
Dubai’s top index ticks higher as real estate gains
Banking stocks help trigger a rise in Abu Dhabi’s ADX Dubai: Dubai bourse’s main index gained on Monday, as real estate stocks got a brief relief after earlier declines, while banking stocks in Abu Dhabi drove the emirate’s benchmark higher. The Dubai Financial Market (DFM) index rose 0.7 per cent at 2,705.47, while Abu Dhabi’s […]
Dubai real estate: 5 top trends of 2019
Short-term rental, new visa laws, corrections have dominated the realty sector this year This has been a year of reforms and price corrections. Here are the top trends in the Dubai real estate market that will continue to grow beyond this year. Short-term rental Short-term rental properties now account for approximately 2 per cent of […]
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Dubai real estate firm aims to attract new investors with cryptocurrency deal
Deal struck between Arms &McGregor and Bloom Technology to use Locus tokens to purchase property in the emirate Dubai real estate firm Arms &McGregor has partnered with South Korean blockchain company Bloom Technology which will allow properties to be purchased in the emirate using cryptocurrency. The agreement is expected to attract around 1,000 property investors […]
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Seven City JLT
Seven City JLT Apartments by Seven Tides International at JLT. Enjoy the ultimate in urban lifestyle at Seven City JLT Apartments, an exclusive freehold property located in the heart of new Dubai. Offering a range of luxury residential apartments, from studios to three-bedroom units. This development is off-plan, with completion due by the second quarter […]