Capital values of the real estate market across all segments in both Dubai and Abu Dhabi continued to decline during the fourth quarter of 2010, said a report.
In Dubai’s residential market, more supply – adding to the already large oversu
The sale prices of medium and low-quality residential units in Dubai will continue to drop further in the first quarter, mainly due to a surge in demand for high-end properties, said a Dubai real estate consultancy in its report.
Rents have continued to decline across Abu Dhabi, according to the November Leasing Guide for the city released by Landmark Advisory.
“As expected, lease rates have continued to decline since our last lease guide in July 2010. This has imp
Apartment rents have plummeted across Dubai with the biggest decline of 27 per cent in areas such as Dubai Marina, JLT and The Views, mainly due to the handover of new buildings, according to real estate firm Landmark Advisory.
Accelerated rent declines are helping to make Dubai and Abu Dhabi more attractive to live and work, said a report.
Landmark Advisory, a leading real estate firm, forecasts that declines in residential and office rents will improve affordab
Lease rates have continued to decline across Dubai in the last two months irrespective of quality and location, for both residential apartments and commercial units, said a report.
Declines are primarily attributed to increasing supply, a
A total of 15,000 new properties expected to be delivered in Abu Dhabi this year will push down the sale prices and rents in the UAE capital, said a report.
Landmark Advisory, a leading real estate and investment consultancy, has released
Sales price ranges have remained relatively stable for apartments, villas and commercial property in Dubai, but potential buyers are more informed and looking for better value, according to a new report by Landmark Advisory.
The new rental law is not likely to significantly impact rent levels in Abu Dhabi in the short term, but over time, it will help to bring down rents, said a report.
Landmark Advisory, one of the leading real estate consultancy companies in