Archive for March, 2019

Renowned Off-plan Real Estate Developer Sam Raja to Collaborate With Opus Homes Dubai

PIN
DUBAI, UAE, March 27, 2019 /PRNewswire/ — Sam Raja, the renowned Dubai-based off-plan developer has announced on Sunday plans to collaborate with real estate firm, Opus Homes. Since February, Dubai’s property market has been on an incline as the Emirate’s off-plan market recorded its best monthly sales performance since May 2018. This has opened up[…]

8 luxury properties in Dubai to watch out for

PIN
Some of the properties at Bulgari Resort & Residences are now selling at a 10-20 per cent premium. Image Credit: Supplied Prices may have softened, but high-end communities with limited supply and ready units are seeing strong demand, experts told Property Weekly. While there were fewer launches in the luxury segment last year, off-plan sales[…]

Is this what UAE tenants need?

PIN
Schemes of up to 20 years are being advertised in areas such as Motor City. Image Credit: Gulf News Archives As inventories across the property market rise, developers continue to look for ways to accelerate the offtake through various innovative schemes. The rent-to-own (RTO) model is one avenue that many developers are seriously considering and[…]

Dubai Denies There Were Plans for an R. Kelly Concert

PIN
DUBAI, United Arab Emirates — Dubai’s government on Sunday forcefully denied a claim by the R&B singer R. Kelly that the artist had planned concerts in the sheikhdom after he had sought permission from an Illinois judge to travel here despite facing sexual-abuse charges. In a rare statement, the government’s Dubai Media Office also denied[…]

Dubai Becomes Property Haven with Series of Developer Moves : Real Estate : Business Times

PIN
Dubai has become a ‘mecca’ for property investors after Dress & Sommer and Azizi Developments’ actions. Arabian Business covered the former as it announced the launch of a global hospitality team in the region while Zawya brought news about the latter’s participation at the International Property Show 2019, where they will showcase their range of developments. Dress[…]

Dubai Home Prices Tumble 10.6% Annually in February

PIN
According to the latest Dubai House Price Index, the average annual home price in Dubai decreased by 10.6% in February 2019, with some communities registering even higher price declines. Discovery Gardens, Jumeirah Islands, Arabian Ranches, Emirates Living and Dubai Sports City were some of the communities that registered price declines of more than 11% on[…]