Dubai Property
Where next for the Dubai property market?
- Property markets move in cycles, and three years is a pretty typical up-cycle. The Dubai property market is now over three years old, so should we be starting to look for a downtrend?
- United Arab Emirates: Saturday, November 26 - 2005 at 13:03 |
Liquidity and supply issues drive Dubai prices higher
- Waiting for a housing crash to buy a property is like hoping to win a raffle. The chances are it may never happen. And when it does you may not have the ticket to claim your raffle prize or the cash to put down on a deposit.
- United Arab Emirates: Thursday, November 17 - 2005 at 09:43 |
Dubai caps rental rises at 15%
- An executive order from Dubai Crown Prince General Sheikh Mohammed bin Rashid Al Maktoum has capped rental prices increases at 15% until the end of 2006. The Rent Committee of the Dubai Municipality will implement the order.
- United Arab Emirates: Saturday, November 12 - 2005 at 09:19 |
Spotting the winners and losers in Dubai property
- The Dubai real estate market has slowed this year, particularly for off-plan re-sales which are increasingly hard to achieve. However, the re-sale market for completed property is still very strong, and with supply diminishing there is some upward pressure on prices.
- United Arab Emirates: Wednesday, November 02 - 2005 at 09:45 |
Due diligence when buying Dubai property
- Whenever you buy something you always have to be sure that the buyer actually owns what is being sold. Yet in their rush to buy in Dubai some buyers seem to have forgotten such 'due diligence'. A simple note of sale from the seller is just not enough.
- United Arab Emirates: Tuesday, October 25 - 2005 at 08:31 |
Prices and rentals rising again in good Dubai locations
- After stalling in the first-half villa and apartment prices for completed units in the best locations are starting to rise again. And there is no let up to the runway rental increases which seem sure to top some official annual estimates of 30% in Dubai.
- United Arab Emirates: Thursday, October 20 - 2005 at 11:12
Rental costs are the key reason to buy in Dubai
- Soaring rental costs this year have encouraged more expatriates to buy in Dubai. With the total cost of buying a house on a mortgage now lower than renting, is this a compelling argument? It depends on how long you intend to stay and what happens to the local real estate market.
- United Arab Emirates: Thursday, October 13 - 2005 at 09:09 |
HSBC ramps up Dubai mortgage offering
- The announcement this week that HSBC is to offer its world-class flexible mortgage packages in Dubai, with interest rates from a very competitive 6% is a sign that the Dubai property market is being taken most seriously by the world's largest bank. This is a very positive development.
- United Arab Emirates: Wednesday, October 05 - 2005 at 12:47 |
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