Dubai rents: How tenants are negotiating hard and grabbing good deals

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Address Dubai Marina infinity pool Image Credit: Supplied It is all good news for tenants in Dubai. Unanimously, residents we spoke to in the emirate are looking forward to price drops, higher negotiation powers with landlords and better, easier payment options. They said rents have been consistently on a decline. Even premium locales like Dubai Marina and[…]

Breaking Travel News interview: Timothy Kelly, managing director, Atlantis Resorts & Residences | Focus

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Atlantis, the Palm is a five-star resort located on the iconic Palm Jumeirah in Dubai, that has captured the world’s imagination. Here Breaking Travel News speaks with Timothy Kelly, executive vice president and managing director, Atlantis Resorts & Residence, about recent renovations, expansion plans and the prevailing mood in the United Arab Emirates’ hospitality market.[…]

Property: Dubai’s rents dipping as supply rises

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Towers in Business Bay [Image used for illustrative purposes only] Image Credit: File photo Dubai: Have you seen your apartment rent go down by 10 per cent or more in the last 12 months? That’s the average rental drop in the Dubai residential property space during this period. This allows a tenant to lease a[…]

Dubai officials to provide details of property owners from Pakistan: Shabbar Zaidi – Pakistan

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  Last Updated On 11 October,2019 03:19 pm Dubai officials to provide details of property owners from Pakistan: Shabbar Zaidi. KARACHI (Dunya News) – The Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said the Dubai Land Department has agreed to provide details of property owners from Pakistan, Dunya News reported on Friday. The FBR chairman[…]

Decade’s worth of change in Dubai real estate

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Dubai art Image Credit: Gulf News A lot has changed if one was to compare the Dubai property market from 2009 to 2019. We’ve evolved a lot with the market in every way, shape and form. Let’s look at it from different aspects “Real” data One of the most undermined, and most important, game changing[…]

Dubai to share details of Pakistani property owners, says FBR chairman | Top Story

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Dubai to share details of Pakistani property owners, says FBR chairman ISLAMABAD: In a major development, Dubai Land Department will provide information of the properties owned by Pakistanis in Dubai, Chairman Federal Board of Revenue (FBR) Shabbar Zaidi announced on Friday. “We are pleased to inform that a very productive meeting has been held in[…]

Zurich homes market in highly overvalued territory, says UBS

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Every quarter UBS, a bank, publishes its real estate bubble index, a report that covers real estate prices in 24 cities around the world. © Ppvector | Dreamstime.com In the third quarter of 2019, Munich was listed as the most overvalued housing market in the world. Bubble risk was highest in Munich, Toronto, Hong Kong and Amsterdam. Frankfurt,[…]