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Dubai Real Estate Prices

Dubai Real Estate Prices Seen Falling 5% in 2017 Before Recovery

Real estate prices in Dubai will continue declining in 2017, with a recovery only starting late next year. Home values in the emirate dropped 7.4 percent on an annual basis at the end of the third quarter and will probably slip another 5 percent next year. Prices have been falling since 2014 and are almost 27 percent lower than their peak in the third quarter of 2008..

Dubai Property

Dubai property values inch back into positive zone

The decline in Dubai property values - something thats been there since mid-2014 - seems to be coming to an end going by the latest data. In fact, the mid-market freehold clusters in the city are already showing some price gains, though still marginal. At the same time, high-end locations - traditionally favoured by investors and which recorded the sharpest declines during the last 24 months - are...

Prime areas where rents fell in Dubai and Abu Dhabi

Prime areas where rents fell in Dubai and Abu Dhabi

Average rents in Dubai and Abu Dhabi witnessed modest declines during Q3 compared to Q2. Average rents in Dubai and Abu Dhabi witnessed modest declines during the third quarter of 2016 compared to previous quarter, according to real estate website Bayut.com. Average rents in Dubai fell by two per cent in the quarter while rental values in Abu Dhabi dropped by four per cent...

Address Beachfront Hotel by Emaar

Emaar launches first Address beachfront hotel

The Emaar Hospitality Group has launched the first beachfront resort property under its flagship Address hotel brand in Dubai - The Address Jumeirah Resort + Spa, The Address Residences Jumeirah Resort + Spa and The Residences Jumeirah Dubai, managed by The Address. The Address Hotels + Resorts will manage the 182-room hotel, serviced residences and residential apartments...

Buy a House in Dubai

Now, own a house in Dubai for Dh280,000

Master developer Dubai South announced on Saturday the sale price of its residential units at its innovative residential project, The Pulse. Now buyers can purchase their dream home at Dubai South, with prices starting at Dh280,000 onwards. Billed as the first city in the world centred around the happiness of its people, master developer Dubai South unveiled its first two real estate...

1 Bedroom  Apartment for Cheap Price

Now a 1 Bedroom Apartment in Dubai for AED 385,00

Freehold homes for someone earning Dh6,000 - Dh8,000 a month in Dubai? Sun & Sand Developers is finally getting a chance to test the possibilities through the launch of sales at a 32 apartment cluster in Dubai Industrial City. Prices for a 550 square feet one-bedroom apartment is set at Dh385,000 and for a two-bed unit it would be Dh525,000. The units went on sale at Cityscape Global...

Dubai tenants prefer Marina and JBR

Dubai tenants prefer Marina and JBR

It seems Dubai residents cannot have enough of staying in New Dubai communities. Dubai Marina and Jumeirah Beach Residence (JBR) have again emerged as the most preferred area to live in, going by the percentage of people moving into these precincts in the first two quarters of 2016. The areas topped the 'moving in' list last year as well, according to Movesouq, a home services portal in the UAE and Qatar...

Dubailand gets more affordable townhouses

Dubailand gets more affordable townhouses

Dubai developers are continuing to release more off-plan projects to tap investor interest ahead of Cityscape Global in September. Dubai Properties (DP) will soon release for sale townhouses in the Portuguese-inspired community, Casa Dora, in phase two of Serena in Dubailand. The 8.2 million square feet Serena is to be developed across five phases, with the first to be ready in Q4 2018...

Why now is the right time to buy property in Dubai

Why now is the right time to buy property in Dubai

Prices for prime properties in Dubai will match those of Hong Kong and London in coming years, believes a Dubai-based billionaire businessman. I am still surprised why property prices in Dubai are still far lower than Hong Kong or London. I am of the firm opinion that as population will increase we will see prices spiralling for prime properties. It will match those of Hong Kong and London...

Downtown Dubai set for final ACT 1 by Emaar

Downtown Dubai set for final ACT One

Emaar Properties will soon launch 'ACT One', a new residential project, in the Opera District in Downtown Dubai. The launch of the first tower of the two-tower project will take place soon and is expected to be delivered by November 2020. This is the last residential tower to be launched in the Downtown. No details were shared on when the second tower will be launched....

Dubai Real Estate Deals - Business Bay and Dubai Marina

Dubai Real Estate Deals Touch Dh113 Bln. Business Bay and Marina favourites

Total real estate transactions in Dubai touched Dh113 billion in the first six months of 2016 after recording Dh55 billion in the first quarter. In a transaction report, issued on Tuesday, Dubai Land Department (DLD) said a total of 28,251 sales, mortgages and other transactions were registered during the period with property sales and mortgages - both contributing 43 per cent individually...

UAE residents with AED 8000 salary look to buy property in Dubai

UAE residents with AED 8000 salary look to buy property in Dubai

The launch of affordable housing projects in Dubai is making UAE residents, with salaries of even Dh8,000 a month, consider the option of becoming home owners. A new report by compareit4me.com, a finance comparison website, points to the "renter to owner" movement with home mortgage enquiries going up substantially in the first four months of 2016, particularly salary earners of between Dh8,000...

Dubai Honeymoon Island Resort

Coming Up - First honeymoon island resort in Dubai

Forget Santorini, the Maldives, Bora Bora and the Caribbean. Newlyweds are all set to get a new destination in Dubai to celebrate their honeymoon. St Petersburg Island, one of six clusters in The Heart of Europe project, will now be developed as an exclusive honeymoon resort, a first for the UAE. The Heart of Europe located on The World Islands is expected to further bolster Dubai's credentials...

Emaar launches IL Primo Opera District apartments at Harrods

Emaar launches IL Primo Opera District apartments at Harrods

Emaar Properties has begun selling new "lateral" apartments taking up either half or a whole floor of a new 77-storey tower at the Opera District in Downtown Dubai. The IL Primo apartments have gone on sale at a marketing suite within the famous Harrods Department store in London, with the smallest units of around 4,979 sq ft being sold for GBP 3.5 million (Dh17m) each...

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3 Bedroom with Maid Mira Villa Type 2E

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Dubai South - Tenora Hotel Apartment for Sale Next to Expo 2020 Site and Al Maktoum International Airport