Property News 


Damac chief says Dubai property prices at 'rock bottom'

Now is the time to buy property in Dubai, the chairman of one of the city’s biggest developers said, months after warning the Middle East business hub faces a “disaster” on oversu...

Read More  |  Source : Arabian Business Magazine

Dubai property achieves supply-demand balance, prices hit lowest mark, say developers

Dubai's top private developers believe that a demand-supply balance has been achieved to some extent, and that prices are at rock-bottom and unlikely to go down any further.

  Read More  |  Source : Khaleejtimes

Abu Dhabi forecast to see more first time buyers in 2020 as prices fall

2020 will be an "important year" for the real estate sector in Abu Dhabi with more first-time buyers likely to enter the market as prices continue to become more attractive, according to ...

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Dubai shows double-digit growth in residential sales

There has been a double-digit growth in residential and office sales, with actual end-of-year supply being lower than originally projected, according to local real estate consulting firm ValuStrat ...

Read More  |  Source : Gulf News

Supply-demand gap pares as sales jump, handovers fall

Green shoots in Dubai's real estate sector are increasingly becoming evident as residential market recorded double-digit sale growth last year while actual supply was lower than projected, refl...

Read More  |  Source : Khaleejtimes

Designing smarter real estate portfolios in times of uncertainty

In times of uncertainty, maintaining functional and efficient real estate is key. This is made more crucial nowadays in light of the fast-paced advances in technologies and evolving consumer behavi...

Read More  |  Source : Khaleejtimes

Emaar teams up with tech leader for 'Smart Home’ 

Emaar Properties signed a Memorandum of Understanding with Xiaomi, a global technology leader with the world’s largest Internet of Things, IoT, consumer platform, to launch ‘Emaar Smart...

Read More  |  Source : Gulf Today

Revealed: Areas in Dubai that saw the biggest drop in residential rents in 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 ...

Read More  |  Source : Gulf Business

Dubai property sector gains pace bucking global trends

The Dubai property sector is on a solid growth track and is marching  ahead bucking the global trends. Optimism for 2020 is based on many concrete factors and facts not just hopes and morale, ...

Read More  |  Source : Khaleej Times

Business Bay, Downtown Dubai lead 20% growth in real estate transactions in 2019

Dubai registered a total of 41,988 real estate transactions last year, according to Dubai-based real estate insights and data platform Data Finder. This represents a growth of 20 per cent in the vo...

Read More  |  Source : Gulf News