Monthly Archives: November 2018

Revealed: Cheapest, priciest places to live in Dubai right now

Gulf News, 28 November, 2018

Dubai: The city of Dubai isn’t widely known for its affordable rents, but there are some communities that offer great options for the budget-conscious tenant.

International City, located just about 20 kilometres from Burj Khalifa or …

House-hunters find more options in Abu Dhabi

Gulf News, 27 November, 2018

Homebuyers and tenants are having the upper hand in Abu Dhabi as property prices have continued to fall across all the segments in the third quarter of 2018.

“We have seen sales prices and rental rates …

What you need to know about UAE’s new long-term visa

Khaleej Times, 27 November, 2018

We are always excited by new developments and happenings in Dubai’s property market and the news that was quietly released over the weekend is bound to generate a lot of conversation in the coming days. …

Dubai land prices are 50% cheaper than in 2008

Khaleej Times, 27 November, 2018

This is a good time to go hunting for prime land plots that are almost impossible to buy when the market is booming, according to industry stakeholders.

The average land sales price in Dubai currently stands …

Are you ready for a virtual house tour?

Gulf News, 27 November, 2018

Imagine being able to house-hunt from the comfort of your own home. Put on that virtual headset, click and wander around your chosen house and neighbourhood. Using virtual reality (VR) for property searches is expected …

Service charges cut for Dubai’s co-owned properties

Khaleej Times, 26 November, 2018

The Dubai Land Department (DLD) confirmed that the lowered service fees for co-owned properties in Dubai’s freehold areas contributed to the attraction of real estate projects.

This is due to the regulatory laws for this activity, …

Dh5m property becomes new benchmark in Dubai real estate

Gulf News, 25 November,2018

Dubai: Developers here have a new benchmark to aim for — a Dh5 million property — when it comes to targeting buyer prospects.

Because that’s the price that will fetch the buyer a 5-year residency visa and …

General Atlantic leads investment in Dubai’s Property Finder

DUBAI  – Private equity firm General Atlantic has led a $120 million investment and acquired a minority stake in Middle East real estate classifieds website Property Finder.

Property Finder’s chief executive told Reuters the money would be invested in product …

CBRE: New visa laws will boost UAE real estate

Arabian Business, 25 November, 2018

When the UAE Cabinet approved a raft of amendments to the residency status of ex-patriate professionals earlier this year, many celebrated. For those that would like the option of remaining in the country long-term the …

Relentless pressure remains on Dubai’s rental rates

Gulf News, 24 November, 2018

Dubai: The pressure on Dubai’s residential rents remains relentless. Just about every community — whether they feature towers, mid-rises or villas — in the city has seen drops in the double-digits in the last 12 …