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.
All in Off-Plan Sales
UAE Real Estate Markets in a Post-Covid World
“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.
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 developer’s three-year ‘Strategic Blueprint Plan’.
Off-Plan Sector In Dubai Escaped Covid-19 Crisis
Off-Plan Sector In Dubai Escaped Covid-19 Crisis. Lockdown caused delay in transferring properties, however transaction levels remained consistent with over a thousand transactions month-on-month.
Cash Buyers Are Snapping Up Dubai Properties As Prices Plummet
Sales of villas and apartments in Dubai have increased following the easing of COVID-19 related lockdowns, and if you are a cash buyer, now might be the time to invest in real estate.
Dubai First City Of Choice For Real Estate Investors
Dubai should be the 'first city of choice' for the investors and all the stakeholders in the economy are working towards that, this was positive message sent by the top real estate players at the unveiling of Invest in Dubai on Tuesday.
Dubai Developers Offering Payment Deferments To Offplan Buyers
Off-plan property owners are starting to get deferments on their upcoming instalments, as more developers in Dubai realise they need to offer some give-and-take after the COVID-19 imposed difficulties on buyers.
'My newly purchased apartment is full of flaws. How do I resolve this?'
The Real Estate Regulatory Agency is responsible for regulating and inspecting the management and maintenance of common areas of jointly owned real estate property.
Bargain Opportunities in Dubai Property
Dubai’s real estate market has been reeling from the effects of a slowing economy and oversupply of residential units. Even as the market tries to fight this double-whammy, there’s hope on the horizon.