And longer residency visas are exactly what is required to open up new investor markets, sources say. “Every market wants a piece of China’s investment power and Dubai is putting itself in a prime position to capitalise,” said Firas Al Msaddi, CEO of fäm Properties. “The announcement underlines the fact the government will not stop[…]
Archive for November, 2018
Dubai: The pressure on Dubai's residential rents remains relentless. … faster than properties offered above market rates with no/limited flexibility.”. Source link
Another similar case of Mrs Talpur is apparently associated with Ghulam Abbas Zardari who gave power of attorney to her in Dubai in 2014. Photo: File ISLAMABAD: The amnesty scheme offered by the previous government has brought to the fore a complex dark underworld of dirty money moving across the border through black channels. An[…]
I find these reactions to be incredulous; the focus appears to always be on the government interfering with the state of the economy in order to somehow “improve” things. However, what is not appreciated is that Dubai, and the UAE, are in an ecosystem, a framework of laws and regulations that is known for its[…]
Should expats literally buy into the Dubai dream? Recent reports strongly suggest the Dubai property market is heading for a prolonged fall, but upmarket real estate agents are still publishing advertorials suggesting the opposite. Relocating expat professionals considering a stint in Dubai could well be forgiven for being confused by conflicting reports in local media[…]
Share Tweet Google Plus Share Email In a bid to fulfill its promise to the region, Shapoorji Pallonji (SP) International Property Developers (SPIPD) has announced that its iconic residential Imperial Avenue tower is now 40% complete and on schedule for handover by December 2019. The luxury residential project, located in Downtown Dubai, is the company’s[…]
A slowdown in activity in the oil-rich region, an oversupply in Dubai's residential real estate market and the surging cost of living and doing business … Source link
Landlords in Dubai are increasingly considering short-term rentals. This helps them reduce void periods on their properties as well as achieve higher overall returns. They can also do away with the hassle of one-year tenancy contracts and instead sign on tenants even for a few days. This is also good news for the wider property[…]
Real estate markets in the Gulf are expected to remain under pressure during 2019, with supply demand imbalances likely to hit Dubai hardest, S&P Global Ratings has said in a new research note. The ratings agency said GCC real estate markets in 2019 are not expected to fare any better than in 2018, wrought with[…]
A slowdown in activity in the oil-rich region, an oversupply in Dubai's residential real-estate market and surging cost of living and doing business are … Source link
Recent Comments