It was a buyer’s market for UAE real estate in 2018
Visa reforms and proposed regulations improve buyer sentiment. The UAE also announced landmark visa reforms which will benefit the property industry. Starting next year, expats in the UAE aged 55 or over will be eligible to secure a five-year retirement visa, if they meet certain requirements, including investing in properties worth at least Dh2 million, […]Read more
Will sale prices, rents stay affordable in Dubai next year?
Sales prices and rents are likely to remain under pressure. 019 will also continue to be a pro-buyer property market in Dubai. Due to ample existing and recently delivered supply, sales prices are likely to remain under pressure in 2019. According to ValuStrat, prime residential areas, which saw relative resilience in 2018, may continue to […]Read more
These are most affordable areas to live in Abu Dhabi
The Abu Dhabi property market has seen sales and rents decrease on average for apartments and villas. Only certain areas in the emirate have seen a significant price change, according to a recent report by Bayut, a property portal. Sales trends Al Reem Island is the post popular community for apartment sales while the most […]Read more
End-users and affordability take centrestage in Dubai property
Developers are offering attractive incentives, competitive rates and payment plans. Recapping 2018 is not easy as the news cycles were dominated by a slew of positive initiatives and launches by the government geared to boosting market sentiment – while the market itself remained soft. The year began with the introduction of value-added tax (VAT) grabbing […]Read more
Emaar, TikTok explore synergies
Emaar can access TikTok’s international audience via destination marketing, digital content creation as Emaar and TikTok explore synergies. Emaar has signed a memorandum of understanding to explore collaboration opportunities with TikTok. TikTok will mark its official launch in the UAE on New Year’s Eve with a one-minute dynamic lighting show on the Burj Khalifa, preceding […]Read more
When Should You Take Your Christmas Tree Down?
The Answer Will Definitely Surprise You As the holiday season winds down, Christmas clean-up inevitably begins. While the thought of vacuuming a gazillion cookie crumbs and tackling all those dirty dishes can be daunting, figuring out when to take down the Christmas tree might just be the toughest task of them all. If you find yourself stumped over this very question year […]Read more