Latest Property News
Middle East
Property markets in the United Arab Emirate continue to decline, rents and prices down
The residential property market in the United Arab Emirates continues to slow down with the latest index data showing that rents and prices are falling on a monthly and annual basis In Dubai prices fell by 0.64% in June month on month and... Read more
Prices and rents fall in Dubai and Abu Dhabi in first quarter of 2018
Average apartment and villa prices softened by around 1% in Dubai in the first quarter of 2018 with higher prices villas in particularly drawing few buyers, the latest analysis report shows. Year on year villa prices are down by 6% and apartment... Read more
Lack of economic growth and over supply set to keep Abu Dhabi market slow in 2018
Bearish market sentiment, coupled with a number of major mergers and companies downsizing, have had an unfavourable effect on real estate demand in Abu Dhabi, according to a new analysis. As a result rents for apartments and villas have fallen by... Read more
Residential property markets likely to continue to be slow in Dubai this year
Last year saw the residential property market in Dubai slow considerably and this year is likely to see more of the same, according to the latest housing market analysis. Villa prices fell 3.3% in the final quarter of 2017 and apartment prices... Read more
Off plan sales dominating residential market in Dubai going into 2018
Off plan sales continue to dominate the residential property market in Dubai which experts believe is partly due to the recent mortgage cap introduced by the emirate’s Central Bank. Many commentators believe that the cap which means expats need... Read more
Property prices and rents in both Dubai and Abu Dhabi down considerably year on year
It has not been a good year for residential property markets in the United Arab Emirates with the latest index figures showing that both prices and rents have fallen considerably compared to a year ago. Both Dubai and Abu Dhabi are seeing a... Read more
Sentiment fuelled buoyancy fades in Dubai with property market correction forecast
Dubai’s residential property market has slowed with a correction likely ahead as rents fell in the second quarter of 2017, sales were down to a six year low and vacancies are rising. Phidar Advisory’s Dubai Real Estate Investment Demand Index... Read more
Dubai office market remained subdued in first half of 2017, could now pick up
Dubai’s office market, which saw a lacklustre performance in 2016, remained relatively subdued in the first half of 2017, the latest analysis report shows. However there are pockets where performance has improved and commercial market activity... Read more
Residential property market in Dubai unlikely to see much growth in 2017
Considerable supply pipelines for both apartments and villas in Dubai means that the residential property market is unlikely to see much price or sales growth in 2017, new research suggests. Apartment prices in Dubai fell by 3% in the second... Read more
Residential property market in Dubai stabilising, latest index data suggests
The real estate market in Dubai is stabilising with the latest index showing that prices increased by 0.28% in April compared with a year ago and sales were down just 0.02%. The data from the ReidIn residential index also shows that apartment... Read more