Dubai Property
US dollar devaluation, inflation and Dubai property
- Last week’s interest rate tightening by the US Federal Reserve means higher mortgage payments for Dubai property owners, as local monetary policy is US pegged. However, the wider forces at work in the US economy will probably have much more profound effect on Dubai real estate, and could cushion against a crash.
- United Arab Emirates: Sunday, July 02 - 2006 at 10:31 |
Standard Chartered: UAE economy supporting Dubai house prices
- In a briefing on the bank’s latest economic forecast for the UAE its economists spelt out just how supportive the local economy was for the real estate sector. This is an argument worth examining in some detail as it sheds considerable light on the outlook for Dubai property at a time of year when inevitably sales are slack.
- United Arab Emirates: Sunday, June 25 - 2006 at 13:16 |
Future scenarios for Dubai real estate
- It is a truth not always universally accepted that conventional wisdom is often wrong. There are so many people who did not buy Dubai property who would like the market to crash that it probably is unlikely to oblige them. Other market scenarios look rather different and should be taken more seriously.
- United Arab Emirates: Monday, June 19 - 2006 at 08:52 |
Arab liquidity underpins Dubai real estate
- Central London house prices have surged in 2006 while the rest of the UK property market is stagnant or falling. Some of the $300 billion-a-year in oil revenues earned by the Middle East is apparently finding its way back into Arab buying of property in Knightsbridge and Belgravia. This money is also supporting the Dubai boom.
- United Arab Emirates: Wednesday, June 14 - 2006 at 08:47 |
Negative real interest rates sustain Dubai property boom
- Underpinning the Dubai property boom is the highly beneficial economic phenomenon of negative real interest rates, which makes real estate a strong investment. While investment continues to operate in such an environment then the Dubai property boom is unlikely to suffer anything more than short-term fluctuations.
- United Arab Emirates: Monday, June 05 - 2006 at 08:31 |
Will August be a boom month for property sales again this year?
- Some agents report that August was their busiest month last year with foreign buyers, mainly from the UK, taking cheap package tours to Dubai to seal a deal. International buyers have continued to be a major factor since then, so will the bargain hunters return again this August?
- United Arab Emirates: Sunday, May 28 - 2006 at 09:32 |
Amlak’s equity release, Dubai mortgages grow in sophistication
- This week’s launch of the Amlak Bonus equity release finance scheme is just another step on the road towards a more developed mortgage market in Dubai. From just one lender three years ago, there are now 12 banks offering finance on Dubai property.
- United Arab Emirates: Wednesday, May 24 - 2006 at 08:45 |
Summer lull begins for Dubai real estate, autumn is a test
- For the past two years Emaar Properties has sponsored this independently written column analyzing the Dubai property market, and many a wag has suggested that with any sign of a market downturn this column would disappear. Yet the Dubai property scene is flourishing.
- United Arab Emirates: Saturday, May 20 - 2006 at 14:12 |
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