Property, mortgage and land transactions in Dubai have been picking up with the latest data showing there were 15,500 transactions worth AED60.5 billion in the third quarter of 2016. Overall, the data from the Dubai Land Department suggests that sales have been increasing steadily in the first eight months of the year. ‘Real estate transactions […] The post Dubai sees property sales rise as it builds up to Expo 2020 appeared first on PropertyWire . Continue reading
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Brexit fails to dampen demand for house building in UK
Consumer demand for building work in the UK remained resilient in the three months following the vote to leave the European Union, new figures show. But developers must not be complacent as while the construction industry is like a weather vane for the property market as there are still challenges, according to a new report […] The post Brexit fails to dampen demand for house building in UK appeared first on PropertyWire . Continue reading →
Property prices still falling in Dubai and likely to continue downward
Residential property prices in Dubai continued to drop in the third quarter of the year and further declines are expected, according to the latest research note. Apartment lease rates fell by 3.4% and sale prices declined 4.1%, while lease rates for villa fell 1.8% and sales were down 4.8%, the data from the Phidar House […] The post Property prices still falling in Dubai and likely to continue downward appeared first on PropertyWire . Continue reading →