More residents are likely to choose home options that offer extra space ā its need has become magnified after the experience of spending long hours and days in homes that suddenly seemed too cramped for their requirements.
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Dubai Real Estate Sales Surge as Dollar Weakens
There is a renewed surge in Dubai property sales, particularly from overseas investors, mainly from the UK and European Union who are benefiting from the weak performance of the US dollar over the past four months, according to Devmark, a UAE-based real-estate consultancy and advisory firm.
Pandemic spurs Demand for Spacious Homes
The pandemic outbreak and the ensuing lockdown have started to influence lifestyle changes and real estate preferences, with buyers increasingly looking for spacious apartments or detached houses with gardens.
Dubai among most affordable prime property markets globally
Dubai's property market became more competitive globally, as prime residential property capital values declined 3 per cent in the first half of 2020, while Seoul recorded the biggest price rise in the same period, Savills said.
Dubaiās real estate activity is āimpressiveā despite the virus
Despite the global pandemic, Dubai has seen āimpressive levelsā of real estate transactions over the past few months, the chief commercial officer of a United Arab Emirates-based property developer said last week.
UAE Tenants take advantage of Lower Rents and Sales Prices
UAE Tenants take advantage of Lower Rents and Sales Prices to upgrade their homes
District cooling provider extends 3-month cost relief for Tenants
Dubai district cooling provider Emicool extends 3-month cost-relief for tenants. Other such service providers could also join in offering much needed savings.
Dubai property transactions back at pre-Covid levels
Property transaction levels in Dubai in June hit what was previously recorded in February, setting a foundation for recovery of the local property sector for the second-half of 2020.
Dubai-based Union Properties - Plans for Motor City Hills
Dubai-based Union Properties has revealed plans to launch its new Motor City Hills project which will include 195 villas, 490 townhouses and six areas of commercial land. The 2.9 million square foot development has been announced following the conclusion of the developerās three-year āStrategic Blueprint Planā.
Dubai developer sees demand returning, but oversupply must be addressed
Dubai may have been hit the hardest by the fall in property prices across the UAE, but Azizi Developments based in the emirate is forging ahead with construction projects worth AED 3.5 billion ($950 million) over the next three years.
The Greens Still Is One Of Dubaiās Most Preferred Communities
One of the first freehold housing communities in Dubai, The Greens has always been a favourite of homebuyers and tenants alike. Its accessibility, plentiful amenities and lush landscaped gardens are just among the key facets that have made The Greens one of Dubaiās most prestigious neighbourhoods.