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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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Is paying off your home mortgage early a good idea?

If finding your dream house and getting a mortgage approved is one part of buying a house, then owning it by paying back the loan is the other. Mortgage loans in the UAE are capped at about 70-75 per cent of the property value on a maximum tenure of 25 years. On proper planning, getting […]

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 […]

Dubai named world’s top mega city for construction

Dubai has been named as the world’s top city for construction projects with a pipeline worth $374.2 billion, according to new research. The UAE city beat London into second place, with $328.7 billion worth of projects, in a list of the world’s 50 Construction Mega Cities compiled by GlobalData. According to the report, an estimated […]

Payment plans, bargain hunters drive ready property market

The secondary property market in Dubai is steadily catching up with off-plan sales, which has been seeing a precipitous year-on-year fall. The secondary market in Dubai witnessed the sale of 9,865 units from January to end of October this year, down only two per cent compared to the 10,099 units sold in the comparable period […]

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. […]

Average selling price for homes in Dubai dips below 2017 level

Dubai: Property buyers in Dubai seem to be in the mood for bargain picks — average transaction prices during Q3-18 were lower than the 2017 average, according to a new update from the consultancy Cavendish Maxwell. It means that the Q3-18 average deal was in the range of Dh1.2 million for apartments and Dh1.9 million […]


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