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  • DUBAI HOUSE PRICE INDEX
    FEBRUARY 2019
  •   -0.9%
    Monthly Change
  •   -1.1%
    Annual Change
  • Al Furjan
  •   -1.1%
    Annual Change
  • Arabian Ranches
  •   -1.2%
    Annual Change
  • Barsha Heights (TECOM)
  •   -0.2%
    Annual Change
  • Business Bay
  •   -0.1%
    Annual Change
  • Discovery Gardens
  •   +0.2%
    Annual Change
  • Downtown Burj Khalifa
  •   -0.6%
    Annual Change
  • DIFC
  •   -0.9%
    Annual Change
  • Dubai Festival City
  •   -0.7%
    Annual Change
  • Dubai Investments Park
  •   -1.4%
    Annual Change
  • Dubai Land
  •   -0.9%
    Annual Change
  • Dubai Marina
  •   +0.1%
    Annual Change
  • Dubai Sports City
  •   -0.9%
    Annual Change
  • Dubai Silicon Oasis
  •   -1.1%
    Annual Change
  • Emirates Living
  •   +0.3%
    Annual Change
  • IMPZ
  •   -0.3%
    Annual Change
  • International City
  •   +0.2%
    Annual Change
  • Jumeirah Islands
  •   +0.3%
    Annual Change
  • Jumeirah Park
  •   -0.3%
    Annual Change
  • Jumeirah Lakes Towers
  •   -0.7%
    Annual Change
  • Jumeirah Beach Residence
  •   -0.2%
    Annual Change
  • Jumeirah Village Circle
  •   -0.3%
    Annual Change
  • Jumeirah Golf Estates
  •   -0.5%
    Annual Change
  • Motor City
  •   -0.7%
    Annual Change
  • Palm Jumeirah
  •   -0.9%
    Annual Change

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Meraas completes Dubai Arena facade

Dubai: Meraas has completed the Dubai Arena façade, according to the developer, with the panelled structure now fully installed. Work on external infrastructure and landscaping, including paving and parking spaces, are also under way at the City Walk structure, while the company says that the finishing touches are being made to the first of 46 […]

Affordability vs affordable must-haves

Has the concern on affordability been fully addressed in Dubai? We have seen new projects launched at lower price points, unit sizes becoming smaller (or more “efficient”) and more investor-friendly payment plans consisting of post-handover collections. Urbanisation is rapidly taking place, with the city expanding towards Dubailand and the south. Developments in new locations and […]

October brings some cheer for Dubai’s property market

Dubai: Off-plan property sales in Dubai crossed 1,500 units in October for the first time since May (when it totalled 2,006 units sold) — though still not enough to bridge the gap between 2017’s stellar performance and this year’s. In the year to end October, off-plan transactions are down by 28 per cent — 14,475 units […]

Abu Dhabi realty offers unique destination, diverse products

Diversifying into different sectors with quality products is the way forward to stay afloat, real estate experts and developers said during the 10th edition of International Real Estate and Investment Show held in the Capital. They said the new investment law will add much-needed confidence in the market. Chairman of Real Estate Sector Committee, Abu […]

Rera chief tells developers: Keep what you promise

Dubai’s happiness agenda has provided a clear direction for many of the businesses operating in the emirate. In the real estate sector, this simply means creating a genuine desire to buy property and live in the UAE long term. To achieve this, real estate experts at the recent Cityscape Conference concur that there is an […]

High DEWA Bills? Here’s Something That Can Help

Being faced with a high DEWA bill at the end of the month is ever resident’s worst nightmare in Dubai. But did you know that Dubai Electricity and Water Authority (DEWA) have a solution that can help prevent that from happening? If you’re a smart water meter user, and have a DEWA smart meter installed in your […]

Can technology replace real estate agents in UAE?

Technologies such as virtual reality (VR), augmented reality (AR), mixed reality and Artificial Intelligence (AI) are set to change how properties will be marketed in the UAE. They are also expected to transform the house hunting experience. Buyers from any part of the world can wear VR headsets and virtually visit properties without leaving their […]

Certified staff are key to managing residential towers

Lately, there is a flurry of activity across Dubai’s property landscape. The city’s residents and investors are benefiting from the declining property prices and the resulting incentives on offer and moving to cost-effective neighbourhoods of their choice or purchasing plush apartments in sought-after communities. Owning property is considered a milestone achievement in a person’s life. […]

New York property start-up to double Dubai presence in 2019

Online property marketplace Blueground will double its presence in Dubai next year to 600 properties, as the New York-based firm completed a new funding round of $12 million. The start-up also intends on becoming Dubai’s largest tenant in 2019. Its investors in this round included Dubai-based Jabbar Internet Group, VentureFriends and Endeavor Catalyst. The company’s […]

The rise of REITs in the Gulf region

The Gulf Cooperation Council (GCC) has witnessed significant growth in the number of real estate investment trusts (REITs) across the region, with over seven publicly listed REITs established to date. Since 2006, regulations have permitted REITs in the Dubai International Financial Centre (DIFC), but previous market downturns delayed any real progress within this particular sector […]


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