The awarding of the Expo 2020 to Dubai in November capped a year of extraordinary growth in the emirate’s real estate market, with the residential market expanding rapidly, recording its strongest growth in five years, said a report.
Following a solid 2013, Dubai’s residential property market is showing signs of more modest growth in the first quarter of 2014, as regulations such as federal mortgage cap begin to take effect, according to a report.
The Abu Dhabi real estate market continued to grow during the first three months (Q1) of the year, with the prime residential sector seeing increased rents and prices and near to full occupancy for high quality products, a report said.
Growth in key non-oil sectors such as tourism, hospitality, education and healthcare is translating into robust demand in terms of the volume and nature of property requirements in Abu Dhabi, a report said.
The non-oil sector cont
The residential market in Abu Dhabi witnessed solid growth in the fourth quarter of 2013 with apartment sales price up 29 per cent when compared to the previous year, said a report.
The residential rental growth in the UAE c
Residential property prices in Dubai performed well in September with an increase of 3.17 per cent compared to August. The prices were up 19.8pc compared to September 2012, said a report.
Residential apartment sales prices in the
Apartments in Dubai have increased in value an average 4.9 per cent since the beginning of 2012, and will continue to rise until the end of the year, said a report.
While apartment rental values have increased 6.8 per cent in Dubai, the
The Saudi real estate market witnessed solid growth in the first quarter with the residential prices on the rise in both capital Riyadh and the Kingdom's leisure destination Jeddah, according to a report.
During the period, Riyadh saw
The Dubai residential market witnessed a positive trend in the first quarter of 2012 with the villa market outperforming the apartment sector with a 5 per cent growth in rental rates, according to a new report.
The prime re