Dubai’s short-term rentals will outlive virus attack

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Even business travellers to Dubai have been gravitating towards a few days of stay at a centrally located short-stay property. Image Credit: Supplied photo Dubai: Until about January 20, it was going swimmingly well for landlords in Dubai. They had the luxury of choosing between going long-term – give their homes on annual rents, as[…]

After COVID-19, UAE property market is expected to recover in phases – Time now to buy a home?

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If the pandemic has a sustained and long-drawn impact on the broader UAE economy, it will have a cascading effect on the property market. Image Credit: File photo The COVID-19 pandemic has been causing disruption across most industries and the UAE’s real estate market is expected to face strong headwinds in the near term. Given[…]

Tech cannot fulfil all property needs

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The way property listings are done could do with a bit of change. Creating rating systems could generate new ways to set prices or rents. Tech can be the enabler. Image Credit: Gulf News Archive You will all have heard about how necessity matters when it comes to invention. This couldn’t be truer in encapsulating[…]

Anxious Lebanese turn to property amid banking crisis

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CAIRO: After a 90-day curfew, the Egyptian government has eased some of the precautionary measures it imposed to counter the outbreak of the novel coronavirus (COVID-19).  The government revealed on Tuesday a raft of new measures as part of its previously announced “Coexist with the virus” plan.  Prime Minister Mustafa Madbouly said that, starting Saturday, June[…]