Villas
New database will help regulate rent prices in Dubai
A new star rating system for determining rental rates for properties in Dubai is expected to be ready by the end of 2017, it has been confirmed. The Dubai Land Department (DLD) said that the rating system will apply to all residential and commercial buildings completed before 2010. It also announced that it is almost […] The post New database will help regulate rent prices in Dubai 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 →
Dubai property market likely to stay soft for rest of year and into 2017
Residential property prices in Dubai are expected to continue softening throughout the rest of 2016 and into 2017, according to a new analysis report. But it should not be a development to worry about as it is part of the emirate becoming a more mature real estate market after the heady heights from eight years […] The post Dubai property market likely to stay soft for rest of year and into 2017 appeared first on PropertyWire . Continue reading →