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News related to dubai

Global prime property rents up 4.8% in 2013, led by Nairobi and Dubai
2014-04-01 10:50:02 [Global News]
Rents in global prime property markets increased by 4.8% in 2013 with Nairobi seeing the strongest rate of growth in annual terms at 26%, according to the latest index from Knight Frank.Read full article: [Global prime property rents up 4.8% in 2013, led by Nairobi and Dubai]
 
Dubai to get mandatory real estate contracts
2014-03-26 17:33:00 [Middle East]
Property contracts in Dubai will become mandatory from 01 May in a bid to clarify the roles of buyers, sellers and brokers, the Dubai Land Department has confirmed.Read full article: [Dubai to get mandatory real estate contracts]
 
Gulf buyers dominating new sales in Dubai’s recovering real estate market
2014-03-04 11:28:07 [Middle East]
Gulf buyers are still the main players in Dubai’s real estate market with the latest figures showing that the largest property purchases are from Qatar, Oman, the United Arab Emirates and Saudi Arabia.Read full article: [Gulf buyers dominating new sales in Dubai’s recovering real estate market]
 
Property prices in Dubai could reach pre crisis levels by end of 2014
2014-02-19 16:07:50 [Middle East]
Residential property prices in Dubai could return to a level last seen at the peak of the emirate’s real estate market in 2008, it is claimed.Read full article: [Property prices in Dubai could reach pre crisis levels by end of 2014]
 
Prime property price growth slowing in Dubai, latest analysis suggests
2014-01-30 10:22:01 [Middle East]
Cooling measures in Dubai have lead to more moderate property price growth in the emirate’s prime real estate market but increases of up to 15% are predicted for 2014.Read full article: [Prime property price growth slowing in Dubai, latest analysis suggests]
 
Dubai Marina proving popular with buyers and renters
2014-01-08 11:02:45 [Middle East]
Dubai Marina continues to be the most popular location in the emirate for buyers and tenants, but Dubai Sports City is fast growing in popularity, according to the latest data report.
Read full article: [Dubai Marina proving popular with buyers and renters]
 
New rental law sets out higher increases in Dubai
2013-12-24 14:00:47 [Middle East]

Residential rents in Dubai look set to increase in 2014 with new laws giving landlords the right to increase rents by up to 20% in some circumstances.

Read full article: [New rental law sets out higher increases in Dubai]
 
Prime properties in Dubai expected to lead global price growth in 2014
2013-12-20 17:30:03 [Global News]

Prime properties in Dubai are forecast to see the largest price growth in 2014, according to Knight Frank’s latest Prime Global property forecast.

Read full article: [Prime properties in Dubai expected to lead global price growth in 2014]
 
Property prices in Dubai rising much faster than in Abu Dhabi, latest figures suggest
2013-12-11 16:06:29 [Middle East]
Property prices in Dubai are continuing to rise and the average value of a home is now almost AED2 million higher than prices in neighbouring Abu Dhabi, according to data based on live market statistics from real estate portal property finder.
Read full article: [Property prices in Dubai rising much faster than in Abu Dhabi, latest figures suggest]
 
Improving economy boosting growth in Dubai’s commercial real estate sectors
2013-11-26 09:58:14 [Middle East]
Growth is being recorded across most of Dubai’s key commercial real estate markets as the   emirate’s economy rebounds, creating increased occupier demand.Read full article: [Improving economy boosting growth in Dubai’s commercial real estate sectors]
 
Dubai seeing sustainable property market growth, says latest analysis
2013-11-20 09:26:10 [Middle East]
Recent regulatory measures introduced to help sustain and regulate Dubai’s property market are already starting to take effect, with a recent cooling in the rate of growth, positioning the market towards a more sustainable pace of growth.Read full article: [Dubai seeing sustainable property market growth, says latest analysis]
 
IMF warns Dubai authorities over potential property price bubble
2013-11-12 12:05:47 [Europe]
The authorities in Dubai should be ready to act if the emirate’s residential property market shows signs of overheating, according to a senior official from the International Monetary Fund (IMF).
Read full article: [IMF warns Dubai authorities over potential property price bubble]
 
UAE central bank reveals new mortgage rules
2013-11-04 09:13:05 [Middle East]
New lending rules for buying property in Dubai have been issued by the UAE central banks with limits for both nationals and foreign buyers needed a mortgage.Read full article: [UAE central bank reveals new mortgage rules]
 
Nairobi and Dubai lead global prime rental growth, latest index shows
2013-10-14 08:28:02 [Global News]
Prime residential property rents rose by 2.3% on average around the world in the second quarter of 2013, the strongest annual growth for three years, with Dubai and Nairobi leading the way.Read full article: [Nairobi and Dubai lead global prime rental growth, latest index shows]
 
Prime property prices in Dubai up by almost 12% so far in 2013, latest index shows
2013-09-26 08:51:31 [Middle East]
Prime residential property prices in Dubai have been rising since the beginning of 2012 and have increased by 11.9% in 2013 so far, according to the latest index.Read full article: [Prime property prices in Dubai up by almost 12% so far in 2013, latest index shows]
 
Dubai becomes first property market in the world to adopt new international standards
2013-09-25 14:01:29 [Global News]
Dubai has become the first country to officially support international property measurement standards (IPMS) which aim to stamp out the problems created in the real estate industry by multiple measurement standards.Read full article: [Dubai becomes first property market in the world to adopt new international standards]
 
Residential property recovery in Dubai gathering pace, says latest analysis from Cluttons
2013-08-26 11:44:34 [Middle East]
Dubai’s residential property market recovery is gathering pace with Sharjah also benefitting, according to the latest Middle East market outlook from Cluttons.Read full article: [Residential property recovery in Dubai gathering pace, says latest analysis from Cluttons]
 
Residential property sales rise in Dubai, official govt data shows
2013-08-12 15:15:39 [Middle East]
The number of residential property sales realised in the first half of 2013 in Dubai increased by 41%, according to the latest data from the Dubai Land Department.Read full article: [Residential property sales rise in Dubai, official govt data shows]
 
Dubai residential property market seeing a broad based recovery, new report suggests
2013-07-24 09:29:47 [Middle East]
The residential property market in Dubai is experiencing a broad based recovery with prices and rental values picking up in several locations, according to a new report from Jones Lang LaSalle.Read full article: [Dubai residential property market seeing a broad based recovery, new report suggests]
 
Value of property sales in Dubai up by 30% in first half of 2013
2013-07-19 08:01:51 [Middle East]
Property sales in Dubai have increased in the first six months of 2013 compared with the same period a year ago, according to the latest figures from the Dubai Land Department.Read full article: [Value of property sales in Dubai up by 30% in first half of 2013]
 
Property prices in Dubai soaring in popular locations, latest figures show
2013-07-10 14:20:47 [Middle East]
People living in Dubai could be prices out of the market if the emirate’s residential real estate recovery continues at its present pace, it is suggested.Read full article: [Property prices in Dubai soaring in popular locations, latest figures show]
 
Property prices up 16.1% year on year in Dubai
2013-07-01 12:53:20 [Middle East]
Residential property prices in Dubai increased by 2.01% in May compared with the previous month, according to the latest index to be published.Read full article: [Property prices up 16.1% year on year in Dubai]
 
More stable property market in Dubai attracts end users back to the emirate
2013-06-24 15:39:28 [Middle East]
New buying and building regulations have helped make Dubai a more stable property market with more end users completing on residential real estate.Read full article: [More stable property market in Dubai attracts end users back to the emirate]
 
Dubai sees second highest global price increases
2013-06-12 12:07:35 [Middle East]
Property price growth in Dubai is the second highest in the world in recent months, only surpassed by price increases in China.Read full article: [Dubai sees second highest global price increases]
 
Series of new developments and sales announced in Dubai
2013-06-10 16:02:56 [Middle East]
Dubai’s property markets are showing further signs of recovery with a series of new projects and development being announced.Read full article: [Series of new developments and sales announced in Dubai]
 
Demand expected to be high for second Burj Vista tower launch in Dubai
2013-05-29 12:02:34 [Middle East]
In a sign that the real estate market in Dubai is continuing to bloom, property developer Emaar Properties, has today (Wednesday 29 May) launched the sale of the second tower of the 500 acre flagship Burj Vista development.Read full article: [Demand expected to be high for second Burj Vista tower launch in Dubai]
 
Luxurious real estate and golfing community announced in Dubai
2013-05-02 13:48:13 [Middle East]

Damac Properties, the largest private developer of luxury real estate in the Middle East, has announced the launch of what it describes as the most luxurious golf community in the region.

 
Strong growth in Dubai’s residential property market
2013-04-12 08:16:00 [Europe]

A renewed confidence has burst onto the residential property market in Dubai with positive economic growth leading to new developments being announced and new buyers coming to the market place.
Read full article: [Strong growth in Dubai’s residential property market]
 
Increased confidence in Dubai’s office and retail property sectors, new report shows
2013-04-09 15:50:30 [Middle East]

The first few months of the year have seen increased consumer confidence and demand for office space in Dubai that Cluttons predicts will encourage previously stalled developments to restart.
Read full article: [Increased confidence in Dubai’s office and retail property sectors, new report shows]
 
Dubai property market maturing as more tenants choose to buy, according to consultants
2013-04-05 07:55:43 [Middle East]

There is a growing confidence in the residential sales market in Dubai with tenants increasingly choosing to buy, according to a report from consultants.
Read full article: [Dubai property market maturing as more tenants choose to buy, according to consultants]
 
Property prices and rents increase in Dubai
2013-04-02 15:57:48 [Middle East]

Demand for property in sought after locations in Dubai is increasing and pushing up prices, according to the latest research report from property company Asteco.
Read full article: [Property prices and rents increase in Dubai]
 
Living green residential tower could be built in Dubai
2013-03-13 11:28:56 [Middle East]

An idea for a skyscraper covered in trees and plants are to be unveiled later this month in Dubai which would create the impression that residents are surrounded by a forest.
Read full article: [Living green residential tower could be built in Dubai]
 
Developers in Dubai announce a rash of new projects
2013-03-07 16:23:20 [Middle East]

In yet another sign that the property market in Dubai is recovering, developer Nakheel has announced it will build 170 new apartments on its flagship Palm Jumeirah project.
Read full article: [Developers in Dubai announce a rash of new projects]
 
New man made island in Dubai will have world’s tallest ferris wheel
2013-02-22 09:15:16 [Middle East]

Plans for a new US$1.6 billion island project featuring the world’s largest ferris wheel at its centre has been approved in Dubai.
Read full article: [New man made island in Dubai will have world’s tallest ferris wheel]
 
UAE mortgage limits on hold for up to six months, officials confirm
2013-02-05 14:45:54 [Middle East]

Proposals to limit mortgages for foreign buyers in the United Arab Emirates have been put on hold while further discussions get underway.
Read full article: [UAE mortgage limits on hold for up to six months, officials confirm]
 
2013 likely to see renewed confidence in Dubai property markets
2013-01-23 13:18:32 [Middle East]

A flurry of new project announcements in Dubai at the end of last year is a signal or renewed confidence in the emirate’s property market, according to experts but Abu Dhabi recovery is still some way behind.
Read full article: [2013 likely to see renewed confidence in Dubai property markets]
 
Real estate industry opinion divided over new mortgage curbs in UEA
2013-01-11 12:38:58 [Middle East]

Opinion is divided over whether the proposal by the UAE Central Bank to cap mortgage lending to expats to 50% of a property’s value will help or hinder Dubai’s recovering real estate market.
Read full article: [Real estate industry opinion divided over new mortgage curbs in UEA]
 
Potential mortgage blow for Dubai property market amid reports of mortgage restrictions
2012-12-31 14:56:07 [Middle East]

Just as it is recovering well from its real estate crash with foreign buyers returning to the market, Dubai has been dealt a potential mortgage blow.
Read full article: [Potential mortgage blow for Dubai property market amid reports of mortgage restrictions]
 
Wealthy property investors name Dubai as their preferred Middle East location
2012-12-26 11:31:01 [Middle East]

Dubai is the most attractive destination to private investors within the Middle East region, with Riyadh and Doha emerging as strong secondary and tertiary target locations, respectively, a new report shows.
Read full article: [Wealthy property investors name Dubai as their preferred Middle East location]
 
New law to protect property investors in Dubai due in first quarter of 2013
2012-12-20 10:30:59 [Middle East]

Dubai’s new real estate investor protection law is to be released during the first quarter of 2013, the Dubai Land Department has confirmed.
Read full article: [New law to protect property investors in Dubai due in first quarter of 2013]
 
Moscow, Miami and Dubai tipped for strongest prime property growth in 2013
2012-12-19 13:40:59 [Global News]

Prime residential property prices in 14 cities worldwide are forecast to rise by 2.5% on average in 2013, according to the latest global real estate report from Knight Frank.
Read full article: [Moscow, Miami and Dubai tipped for strongest prime property growth in 2013]
 
Residential property and sales in Dubai showed a marked improvement in 2012
2012-12-10 14:25:27 [Middle East]

Residential rents have increased in Dubai by an average of 17% in the last 12 months, bringing much needed stability to the market.
Read full article: [Residential property and sales in Dubai showed a marked improvement in 2012]
 
UAE developer forced to sell land to pay compensation to home owners
2012-12-07 13:51:46 [Middle East]

An Abu Dhabi based developer has been ordered by a court to sell three plots of land in Dubai to pay home owners for delays and cancelled projects.
Read full article: [UAE developer forced to sell land to pay compensation to home owners]
 
Sales figures indicate that Dubai’s real estate market is moving towards recovery
2012-10-26 09:44:50 [Middle East]

The total value of property transactions in Dubai reached more than AED83 billion in the first nine months of 2012, figures from the Dubai Land Department show.
Read full article: [Sales figures indicate that Dubai’s real estate market is moving towards recovery]
 
Cityscape more positive in Dubai as property recovery gets underway
2012-10-05 09:01:25 [Middle East]

The annual Cityscape property expo and event in Dubai is more upbeat this year with developers unveiling billion dollar projects as optimism returns to the emirate’s real estate markets.
Read full article: [Cityscape more positive in Dubai as property recovery gets underway]
 
Dubai property market prices generally stable, says latest Cluttons report
2012-09-28 12:04:19 [Middle East]

Overall the real estate market in Dubai is positive with general price stability across the Emirate and some price rises noted in specific areas, according to the quarter three report from Cluttons.
Read full article: [Dubai property market prices generally stable, says latest Cluttons report]
 
Property and rent prices set to fall in UAE due to over supply
2012-09-27 09:40:10 [Middle East]

New properties coming on stream are expected to keep house prices and rents in the United Arab Emirates subdued and under pressure, it is claimed.
Read full article: [Property and rent prices set to fall in UAE due to over supply]
 
Online property auction launches in UAE to attract foreign buyers
2012-08-22 10:56:31 [Middle East]

Real estate consultants Asteco Property Management is to launch an online property auction website in a bid to lure more international investors to the United Arab Emirates.

Read full article: [Online property auction launches in UAE to attract foreign buyers]
 
Signs of stability and movement revealed in the Dubai property markets
2012-08-07 11:39:54 [Middle East]

Land transactions in Dubai increased 21% to reach AED63 billion in the first half of 2012, figures from the emirate’s land department show.

Read full article: [Signs of stability and movement revealed in the Dubai property markets]
 
Dubai considering compelling landlords to make service charge declarations
2012-08-02 10:30:47 [Middle East]

Dubai’s Real Estate Regulatory Authority is considering introducing a requirement for landlords to declare whether or not they have paid service charges when they set up a new rental agreement with a tenant, according to reports.

Read full article: [Dubai considering compelling landlords to make service charge declarations]
 



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