The residential property prices in the rental market in Dubai, UAE, plunged 4.9 per cent year-on-year (y-o-y) in March owing to a steep fall in apartment and villa prices compared to the same period last year, said a report.
The Dubai Residential Property Sales Price Index for all residential decreased by 4.3 points, from 261.2 to 256.9, which represents a decrease of 1.65 per cent in February 2016, said a report.
On the other hand, prices decreased 1
Residential property prices in Dubai decreased 9.9 per cent in August as compared to the same period of 2014, a report said.
The Dubai Residential Property Sales Price Index for all residential decreased by 2.0 points, from 267.4
Dubai will complete an estimated Dh301 billion ($82 billion) worth of contracts in the areas of housing, entertainment and infrastructure between 2015 and 2020, a report said.
The figure, on average, is double of the current outpu
Dubai residential property sale prices decreased 1.29 per cent in May, marking a drop of 5.7 per cent year-on-year (y-o-y), a report said.
Apartment sales prices registered a decrease of 1.19 per cent month-on-month (m-o-m) and al
Only four per cent of new property launches in Dubai, UAE have been in the office segment, according to a bivariate analysis of launches between residential and commercial units.
Developers have not yet focused on the commer
The sale prices of residential properties in Dubai, UAE, decreased by 2.8 per cent year-on-year (y-o-y) during April, a report said.
The Dubai Residential Property Sales Price Index for all residential decreased by 3.0 points, fro
The best month to buy a property in Dubai is in October through February, while the optimum time to sell is in May through July, a report said.
The relationship between price change and transactional volume in the market helps def
There was no obvious price impact on buildings in the close proximity to Dubai metro stations in two major communities, though a rise in transactional activity was witnessed during the time of the completion of the metro, a report said.
Reidin, a leading real estate information company focusing on emerging markets, has launched the new version of its Reidin3.0 solution in Beta mode.
With the new Reidin, users will have access to several new tools and features tha