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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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Why real estate remains at heart of Gulf’s wealth generation

Knight Frank says Gulf-based UHNWIs have intensified their appetite for global geographic diversification in real estate portfolios. London remains the top target for Gulf-based investors, followed by other European cities, such as Berlin. Real estate remains a significant wealth preservation asset class for Middle Eastern investors, according to the Knight Frank Wealth Report 2019. Ultra […]

Should you buy or rent a property in Dubai?

If you are looking for a ‘forever home’, then buying might just make sense. There are a number of pros and cons regarding buying or renting. Important factors weighing on the decision include your time of life, income, personal status and commitment to a specific place. But we firmly believe that in the current market, […]

Service fees reduced by 50 per cent in UAE

The changes were applied on fees that ranged from Dh50 to Dh10,000. Service fees for the registration of properties, rental contracts and other transactions at the Abu Dhabi Municipality have been reduced by up to 50 per cent, according to a new government resolution. Abu Dhabi has also exempted all businesses issued with new licences […]

Dubai sees jump in home completions to 22,000 in 2018

Dubai witnessed its highest number of residential deliveries in the last five years in 2018 with a number of major project completions adding 22,000 new units, according to new research. JLL’s Review of 2018 report said there are concerns of supply increasing ahead of demand over the coming years which could continue to place downward […]

This is why it’s the best time to move to Dubai

Fall in inflation, stronger dirham and substantial increase in purchasing power of residents help in new index. Thanks to persistent decline in rents, reduced government fees and fines, and freezing of school fees, Dubai has become even more affordable in 2019 compared to the previous year with rentals and prices of groceries and restaurants declining […]

If you are a tenant in Dubai, here are the areas to look into

A common question asked by investors, financiers, developers, analysts and the curious is when will the Dubai real estate market recover? Apartments in Dubai have seen the biggest softening in rental rates last year, according to Asteco, with an average 11 per cent year-on-year change since Q3 2017. “The areas recording the largest drops during […]

Average Dubai property prices soften further by 4%

Dubai’s residential sector in the final quarter of 2018 witnessed a continuation of the tough trading conditions experienced in previous quarters, according to new research by Chestertons. Average apartment sales prices fell by 5 percent from the previous quarter while average villa prices softened by 3 percent. Year-on-year performance showed that apartment prices declined, overall, […]

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 […]

Consolidation, downsizing rampant in Dubai office market

Dubai’s office market performance continues to soften in 2018 due to increasing supply and a slowdown in new market entrants. This has created an opportunity for existing occupiers, who are looking to take advantage of favourable market conditions, according to a Knight Frank report. Average office rents across Dubai softened by 5.8 per cent year […]


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