MENA
More people planning to buy a home in the UAE in next five years
More people living in the United Arab Emirates are planning to buy their own home in the next five years with the numbers renting set to decline, according to new research. Some 82% who currently rent a home expect to be able to buy in the coming years but it is a lack of savings […] The post More people planning to buy a home in the UAE in next five years appeared first on PropertyWire . Continue reading →
Phase one of new Dubai project to be floated in place by sea from Finland
A complete development project including homes, restaurants, shops and leisure facilities is to be made in Finland and floated to Dubai with the first parts arriving later this year. It will be part of the emirate’s first group of floating homes with each property having boat access and the region’s longest waterfront promenade. Dubai is […] The post Phase one of new Dubai project to be floated in place by sea from Finland appeared first on PropertyWire . Continue reading →
Residential market in Dubai close to bottom and likely to stagnate in 2017
Lower oil prices and currency changes affecting expats have affected Dubai’s residential real estate market with prices and rents still down in the fourth quarter of 2016 but now close to bottom. But the decline in the market is slowing and property experts believe that rents and prices will be more stable in the first […] The post Residential market in Dubai close to bottom and likely to stagnate in 2017 appeared first on PropertyWire . Continue reading →