The world has been turned upside-down by the COVID-19 pandemic. Property investors are likely to be reassessing where best to make their investments in the latter part of 2020.
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The world has been turned upside-down by the COVID-19 pandemic. Property investors are likely to be reassessing where best to make their investments in the latter part of 2020.
Dubai Tenants Turn into Home Owners. 91% of new real estate purchases made by first-time buyers.
Dubai Property Owners must clear all Service Fees due to Rent or Sell their property
Property transactions in Dubai recorded a strong rebound in the third quarter compared to the previous quarter.
A large number of Gulf-based expats are looking to move in the next 12 months due to the coronavirus pandemic, with value-for-money their main priority when seeking a new property.
Increasingly affordable property prices in Dubai are fueling significant growth in sales activity as residential values drop towards those last seen after the global economic crisis a decade ago.
“While we expect residential prices and rents to decline further over the second half of 2020 – a result of challenging economic conditions and a declining expatriate population – there are positives to draw from Q2 that will support Dubai’s residential sector moving forward,” says Chris Hobden, head of strategic consultancy at Chestertons MENA.
New data suggests increasingly affordable property prices in Dubai are fueling significant growth in sales activity
A 10-year "rent-to-own" scheme at in Dubai South.