UAE
Potential buyers and tenants in luxury London property market down since Brexit vote
The number of people seeking to buy a luxury property in London has fallen since the UK voted to leave the European Union, new research suggests, lettings are also down but not as much. The luxury rental market in London has been fairly stable since the Brexit vote, with the percentage of people looking to […] The post Potential buyers and tenants in luxury London property market down since Brexit vote 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 →
More affordable homes set to revive Dubai property market next year
Average property prices in Dubai are down by 4% compared with last year but the residential real estate market is expected to revive in 2017 driven by buyers wanting more affordable homes. This could be helped by developers increasingly targeting the affordable segment of the property market with smaller units and there are numerous report […] The post More affordable homes set to revive Dubai property market next year appeared first on PropertyWire . Continue reading →