Dubai Property
Dubai makes the right moves to handle the real estate boom
- The formation of the Real Estate Regulatory Authority and the escrow account law back in July last year are now increasingly felt in the Dubai real estate market; a previously uncontrolled boom has been reigned back and is being systematically converted into a recognisable global property market.
- United Arab Emirates: Wednesday, January 02 - 2008 at 11:08 |
Will villas or apartments be the best investment in 2008?
- Dubai real estate investors have found villas providing the greater capital appreciation over the past few years. But rental yields have fallen as a consequence, making apartments more attractive in certain locations. Is this a trend likely to continue in 2008, or will villas emerge again as the better choice for investment?
- United Arab Emirates: Sunday, December 23 - 2007 at 15:17 |
Service charges a major factor in New Dubai apartment resales
- This autumn the Dubai real estate market has absorbed two massive apartment projects – the shoreline apartments on The Palm Jumeirah and the Jumeirah Beach Residence – a total of more than 7,500 units. Both offer an excellent beach location but service charge differentials have become important.
- United Arab Emirates: Sunday, December 16 - 2007 at 17:13 |
Commercial property still booming in Dubai
- A new report from Better Homes points to a huge appreciation in values for several Dubai International Financial Centre buildings in the past three months, and notes that since the start of 2007 land prices in Business Bay have increased by almost 40 per cent.
- United Arab Emirates: Sunday, December 09 - 2007 at 11:58 |
The World is probably enough
- AME Info today joined a party of journalists visiting the Australian continent on The World, an artificial archipelago of islands shaped like a map of the world, four kilometers off Dubai, now nearing completion. Host Oqyana expect to start selling units next autumn.
- United Arab Emirates: Monday, December 03 - 2007 at 19:54 |
Rents and property prices to surge in 2008
- This is a question that tenants and potential home buyers are asking all the time. But with talk about the rent cap not being renewed for 2008 and an explosion of investment banking growth in Dubai, combined with inflationary local salary rises, it is a matter of how much, and not whether rents and prices rise.
- United Arab Emirates: Wednesday, November 28 - 2007 at 10:12 |
Would currency revaluation be good for Dubai real estate?
- There is a growing national consensus that the UAE dirham is 20-30 per cent undervalued against the US dollar, and that the time for a revaluation is approaching, even if the dollar-peg itself stays in place for GCC currencies as Saudi Arabia wants. But what impact would say a 10-15 per cent revaluation have on Dubai property?
- United Arab Emirates: Tuesday, November 27 - 2007 at 10:35 |
How will Dubai real estate perform in a global downturn?
- The global economic outlook for 2008 is darkening with the ongoing US sub-prime lending crisis and the credit crunch. For Dubai real estate the balance is between lower interest rates increasing the affordability of local property versus a business slowdown and an increasing supply of real estate.
- United Arab Emirates: Monday, November 19 - 2007 at 21:46 |
Web Feeds