Latest Updates

How some Dubai villa prices are back on the rise after... Dec 8, 2021

ValuStrat says Arabian Ranches, The Lakes, Palm Jumeirah and Jumeirah Islands register rare increases in values Villa prices in some parts of Dubai showed signs of recovery, coupled with record registered home sales transactions in November, according to new research. Arabian Ranches, The Lakes, Palm Jumeirah, and Jumeirah Islands were among the communities that registered small increases in...

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Dubai property prices are just 10.4% away from 2009... Jul 4, 2021

Property prices in Dubai are down almost 30 percent from the market peak in September 2014 and are just 10.4 percent away from the trough of April 2009, according to the latest Property Monitor Dynamic Price Index.Prices in the emirate saw a marginal increase in April compared to the previous month. The index revealed prices went up by 0.49 percent from AED 862 per square foot in March to AED 866...

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Emaar Properties sees profits rise 20% in Q3 on higher... Nov 10, 2021

The company attributes the growth to continued interest from foreign investors and first-time home buyers Emaar Properties sees profits rise 20% in Q3 on higher sales Emaar Properties saw its Q3 net profits rise 20 percent despite a slowdown in local property sector, the company said in a statement on Sunday. The statement said that net profit rose 20 percent between July and September of 2019...

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Dubai property sales hit highest mark since 2008 Nov 6, 2021

There were 4,774 property sales recorded with the Dubai Land Department in October, the most for 11 years. October was a record month for Dubai real estate sales, contradicting reports of a slowdown in the property market. There were 4,774 property sales recorded with the Dubai Land Department (DLD) in October, the highest since 2008, according to statistics from Data Finder, the real estate...

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Dubailand and Dubai Marina see greatest influx of... Nov 5, 2021

Half of all people who moved on the Palm Jumeirah stayed in the area, according to a ServiceMarket study. Dubailand, Dubai Marina, Business Bay and JVC are the top areas in Dubai with the highest influx of new residents, according to a study conducted by online services marketplace Service Market. According to the study – which is based on an analysis of moving requests placed through...

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Dubai property sales rise as prices drop by up to 6%,... Oct 11, 2021

Luxury and suburban areas in Dubai have gained traction as tenants take advantage of favourable prices and upgrade to established neighborhoods, according to a new report. Dubai’s property market presents good conditions for buyers, investors and renters alike, said the Q3 2019 market report from property website Bayut. A recent Dubai Land Department (DLD) report confirmed the value of...

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World of Wonders Real Estate Development and Dubai... Oct 8, 2021

Brand View: Investors and end-users can benefit from extended 25-year financing, with monthly installments as low as AED 1,150 for AED 1 million property for the first 7 years after handover. World of Wonders Real Estate Development (WOW RED) today announced its partnership with Dubai Islamic Bank, the UAE’s largest Islamic Bank, to provide an exclusive and value-added home finance...

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