Showing posts with label Dubai. Show all posts
Showing posts with label Dubai. Show all posts

Monday, August 4, 2014

Dubai Real Estate Market will Peak in 2015





The rise of Dubai's fast-growing residential real estate market is likely to peak in 2015, but will not suffer the same dramatic pitfall seen in 2008 and 2009, a leading Dubai real estate boss has forecast ow.ly/2Lc52O

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Wednesday, July 16, 2014

Abu Dhabi tenants hit with rent increases

Abu Dhabi tenants hit with rent increases of up to 50% - Abu Dhabi plans its own rental index, design to regulate ... ow.ly/2KdR6l




Tuesday, July 8, 2014

Dubai Real Estate Market Facing Possible Correction

According to Global Property Guide, Dubai real estate prices climbed 10% in Q1 against Q4, and 32% YOY — easily the largest jumps in the world.

The IMF warned last month of “unsustainable price dynamics and an eventual correction,” and that megaprojects could create risks to Dubai’s government-sponsored entities, which are looking at debt levels of 141% percent of Dubai GDP.

Bloomberg reported the country’s central bank recently said rental yields in Dubai, as well as Abu Dhabi, had fallen below historical averages while real estate prices rose, suggesting the market may be imbalanced.