Dubai Property

George Bush prompts Dubai realty price surge
Dubai house prices are up by 10-15% over the past year, and have leapt by around 5% in the last three months, according to industry sources. The accelerated pace of increase is the highest for more than two years, and down to the decline in US interest rates, high local rents and stock market weakness.
United Arab Emirates: Sunday, February 24 - 2008 at 15:09 |

Dubai property prices rise as other markets suffer
With the International Property Show Dubai 2008 running for the next three days, here is an international case study. Both the Western Australian capital Perth and Dubai have overheated, commodity price fuelled economies. And yet property prices stalled in Perth last year after a 40 per cent rise in 2006, while in Dubai real estate prices continue to rocket upwards. Why?
United Arab Emirates: Sunday, February 17 - 2008 at 10:04 |

Ten reasons Dubai real estate will continue to boom
Dubai real estate may well be the next asset class bubble to be created by inappropriate interest rate levels set by the US, alongside Hong Kong property. But there are at least 10 good reasons to think the present realty boom in Dubai will continue for rather longer than many outside observers believe possible.
United Arab Emirates: Sunday, February 10 - 2008 at 13:03 |

Abu Dhabi’s real estate boom hits Dubai developers
Even two years ago there were very few tower cranes hanging over the skyline in Abu Dhabi. Now tower cranes are sprouting like mushrooms in the capital with an estimated $200bn worth of development projects in hand. But how is this activity going to impact on the rather older construction boom in Dubai? Is the development baton being passed on to Abu Dhabi?
United Arab Emirates: Tuesday, February 05 - 2008 at 00:15 |

US rate cuts to boost house prices in Dubai, Abu Dhabi and Hong Kong
The US has axed interest rates to help its collapsing stock and housing markets. On the other side of the world, fixed-peg exchange rate regimes mean that wholly inappropriate low interest rates are now being applied to the booming Gulf economies and in Hong Kong. House price inflation is inevitable.
United Arab Emirates: Sunday, January 27 - 2008 at 09:50 |

Dubai real estate soon to be the most expensive in the world?
The idea that Dubai will soon boast the most expensive real estate in the world is not as absurd as it sounds. All it takes is a modest extrapolation of growth trends for rentals in the Dubai International Financial Centre, and a continuation of the current cooling off in markets like London Prime and this is a fact.
United Arab Emirates: Monday, January 21 - 2008 at 11:27 |

Buying property in Dubai makes good sense for residents
The uncertainty in global financial markets and a concern about the effect of inflation on the economy of the UAE should not deter local residents from buying property if they plan to live in Dubai for longer than a couple of years. And for anybody with a five-year time horizon this decision is a no-brainer, and they will be kicking themselves at the end of that period if buying a home has not been a part of their own expatriate package.
United Arab Emirates: Monday, January 14 - 2008 at 11:35 |

Real estate project launches show signs of slowing down
New Dubai property launches are few and far between these days. The new escrow account law which controls development funds during the construction process, spiralling construction costs and tougher lending conditions for project finance, have all contributed to the slowdown. Yet demand remains strong and off-plan selling has shifted to the Northern Emirates.
United Arab Emirates: Wednesday, January 09 - 2008 at 10:21 |