Dubai’s economy will likely suffer a “significant shock” this year as the coronavirus pandemic and its consequences weigh on most sectors in the Middle East’s business hub, according to S&P Global Ratings.
How Dubai Metro's Route 2020 Will Impact Property Prices, Rents
Property prices and rentals around areas connected to Dubai Metro's Route 2020 will be more resilient compared to the wider market, according to property analysts and industry executives. They believe that rates will rise in the medium to long term but not in the short term due to oversupply in the market.
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.
Property in UAE: House Prices To Drop More Due To Excess Supply, Reports Moody's
Excess supply is the result of the flurry of construction in Dubai in the run up to Expo 2020. Conservative financial policies and strong liquidity will remain a credit strength for the UAE real estate companies while their operating environment continue to deteriorate as the economy slows on oil price decline and coronavirus effects.
A Guide to Hassle-Free Renting
You will have a lot of choice when renting in Dubai. The city offers many great options and world-class amenities to meet every tenant’s needs, taste and budget. However, it is of course best to pick an apartment or villa with care from the outset.
Advice Before You Sign a Tenancy Contract
What to Check Before Signing a Tenancy Contract
1. Ensure that your real estate agent is RERA registered. They should be able to provide you with their broker number……….
Today's Rents May Surprise You
Considering all the rental options available these days, some residents are able to maintain their lifestyle, even with a tighter budget.
You can Build a Property Empire from as little as 500,000 AED
Buying real estate is not only about finding a place to call home. Investing in real estate (property) has become increasingly popular over the last 50 years and has become a common investment method.
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.
UAE Real Estate Sector Becomes More Transparent
The UAE's real estate sector became more transparent as both Dubai and Abu Dhabi introduced fresh measures, improving their global ranking as well as maintaining their top regional position in the Mena region.
Dubai’s Property Market 60% Growth In June Sales
Stability is returning to Dubai’s property market, with month-on-month sale transactions in June growing by more than 60 per cent as buyers took advantage of lower prices.