All in Sellers
Even With a Rise in Buyers, Sales Prices Fall Further in Dubai
A boom in new home construction in Dubai continued to water down home values across the Middle Eastern financial capital in the third quarter of 2019 even as more buyers entered the market, new data shows.
New committee to streamline Real Estate Development
A Higher Real Estate Planning Committee has been established in Dubai to bring about a right balance between supply and demand, avoid launching similar real estate projects and ensure projects add real value to the national economy.
UAE extends Long-Term Visas to High Earning Executives
The UAE has said foreign executive directors will be eligible for long-term residency permits if they earn a monthly salary of AED 30,000 ($8,200), in a sign the Gulf nation is easing regulations to ensure sustained growth in the economy.
Expected Off-Plan Handovers 2019-2022
The significant increase of units handed-over in 2019 will result in the supply of rented accommodation and properties for sale being greater than the level of demand from tenants and buyers. Therefore, in most areas the rents achieved and sold prices are likely to decrease for the short-term.
"Huge jump in Property Prices likely in 2020"
For those looking to buy property in Dubai, now seems as good a time as any. But are investors likely to see a return on investment anytime soon?