Property News
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Dubai and Abu Dhabi become more affordable
Dubai and Abu Dhabi became more affordable as the cost of living declined due to a drop in oil prices and deflationary pressure.
Why Dubai's property market could see new surge in Indian investors
Government reforms plus latest move on 10-year residency visa could result in an increase of Indians buying real estate in Dubai
Why more Dubai residents are moving out to the suburbs
New research shows a growing trend to move out to the outskirts of the city to take advantage of lower rents
Revealed: the nationalities investing the most in Dubai's real estate
Overall, the real estate sector contributed 7.2 percent to Dubai's GDP last year
Real estate contribution to Dubai’s GDP reached 7.2 percent in 2019
The latest official data indicates that Dubai's real estate sector is gradually returning to normal, driven by stimulus packages and initiatives launched by the government and its departments in the past few months.
Finding the green shoots of recovery in Dubai's property market
Look closely enough and you'll discover areas in Dubai that are seeing price stability and even values increasing
Damac Properties slips into massive Dh931m loss in first nine months of 2020
Dubai developer, however, managed improved revenues in a tough operating environment
Dubai's DAMAC loses $148.3mln in third quarter
DAMAC has reported losses of 931.3 million dirhams ($253.57 million) for the first nine months of the year.
Dubai's ready-to-move-in villas, townhouse 'in big demand' in October
Overall in October 1013 villa/townhouses were transferred in both the off-plan and secondary market
Emaar Development: 28,000 residences under development in UAE; 9-month profit falls
The developer reported property sales of $1.182bln in the nine-month period
Rate of Dubai property price declines slows to 16-month low
ValuStrat says average 0.7% fall in residential values in October is the lowest seen since June 2019
Popularity of co-living, co-working spaces revealed amid coronavirus lifestyle switch
Plans already in place to double the size of UNA project at Town Square development
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