An anticipated tight supply of real estate units across the GCC subsequent to a temporary stoppage of new projects by some leading developers and fewer upcoming projects will help arrest the ongoing steep declines of prices and rents in 2021, Kamco Invest said on Sunday. In 2020, Covid-19 has caused additional headwinds for end-user demand […]

The real estate sector in the UAE could be one of the major winners from the deal to welcome Qatar back into the GCC family, according to industry experts. The UAE joined Saudi Arabia, Bahrain and Egypt on Tuesday in signing an accord with Qatar during a summit of Gulf Cooperation Council (GCC) leaders, effectively […]

Dubai’s residential real estate market will present opportunities next year despite a slowdown in 2020, according to the founders of a new investment platform. Stake co-founders Rami Tabbara and Manar Mahmassani have leveraged their 15 years of experience in Dubai’s real estate and financial markets to launch the digital real estate investment platform. Residential real estate prices in 2020 […]

Dubai real estate looks set to stage a strong rebound this year following solid performance in fourth quarter of 2020 due to the government’s policy initiatives and stimulus to restore the investor confidence in the economy, experts say. Referring to latest data released by the Property Finder group, analysts and industry stakeholders said Dubai property market […]

Property sales prices and rents in Dubai are set to remain under downward pressure during 2021 with apartment districts expected to face further headwinds, according to new research. Consultants Core said established villa districts that saw strong take-up over the second half of 2020 and now have limited supply are expected to see price resilience this year. Core’s […]

Amendments to the UAE’s nationality laws, designed to attract more foreign talent, will provide a shot-in-the-arm to the country’s real estate sector, according to leading industry experts and economic advisors. Citizenship plans will be offered to a select group of foreigners as the UAE becomes the first Gulf Arab nation to formalise a process aimed […]

A luxury Dubai-based developer is looking to the UK and Europe to help drive property deals at its projects this year after booking $152 million sales last year. UAE-headquartered Seven Tides said it recorded total annual sales of $152 million across two of its developments – Golf Views Seven City in Dubai’s Jumeirah Lake Towers […]

Property price declines slowed to their lowest rate in three years last month, according to new research. Real estate consultants ValuStrat said average values in Dubai slipped by just 0.1 percent in December. Its VPI – Residential Capital Values for Dubai index stood at a stable 65.3 points, although this was still down by 13.8 […]

Selective improvements in some communities, a global economic recovery and rising oil prices all provide signs for optimism for the UAE’s property market for the year ahead, a new Cavendish Maxwell report states. “Investors in real estate markets throughout the UAE have three good reasons to feel more optimistic about the year ahead,” Julian Roche, […]

The UAE’s initiative to grant citizenship to expatriates is a game-changer that sets the foundation for sustained growth, boosting the country’s knowledge based-economy and its property market. The move will help local businesses attract and retain top talent and there are potential spillovers for the financial sector in the country, with more savings remaining in […]