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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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Live close to Dubai Metro, the rents are lower

The Dubai Metro has impacted residential capital and rental values since it started operations in September 2009 with the opening of the Red Line and the Green Line in 2011. According to a report by global real estate consultancy Knight Frank, average mainstream prices in Dubai grew by 28 per cent from Q1 2010 to […]

No more cheque, pay rent by direct debit

A new digital payment service has been launched that will allow tenants to pay their rent through direct debit. It is likely to eliminate the need for post-dated rent cheques. Asteco has partnered with the National Bank of Fujairah and Direct Debit System to use direct debit as a digital solution for all parties in […]

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 […]

Why now’s the time to buy a Dubai dream home

Prime property has become more affordable in Dubai as prices continued their downward trajectory in the third quarter of 2018. The emirate was ranked 39th in the Global Residential Cities Index by consultancy Knight Frank. The real estate consultancy said prices in Dubai declined 3.8 per cent year on year in the third quarter of […]

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 […]

Sustainable City Dubai reaches 99% occupancy in 2018

The Sustainable City, the Middle East’s first full-fledged sustainable development, has achieved a milestone 99 percent occupancy in addition to significant improvements in energy and water use efficiency. These impressive results were highlighted at WETEX 2018 held at the Dubai International Convention and Exhibition Centre. This is the third consecutive year of The Sustainable City’s […]


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