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Deyaar, region's fastest growing real estate company, has announced the launch of Mirar Residences, a 3-tower residential project at Dubai Biotechnology and Research Park, (DuBiotech), the 22-million square foot biotechnology park located at the heart of New Dubai and a member of TECOM Investments. Enjoying a strategic location off Umm Suqeim Road 4 Vote(s) Company initiates Al Arabiya Real Estate Company's AED 3.5 billion investment into mixed-use project at ‘The Lagoons' 4 Vote(s) New entrants to Dubai remark that rental levels in this city are now very similar to London. And yet houses in Dubai continue to sell at a 25% discount to London prices. Now that London house prices are falling this gap will start to close, but does it not also mean that Dubai prices are still out of line with leading international cities in the r 3 Vote(s) The cooling British housing market and the weakening pound could hit Dubai's real estate boom as British buyers, one of the emirate's largest groups of foreign investors, tighten their belts, analysts say. "I estimate a 10% drop in UK buyers," Stefan Schurmann, a real estate analyst at EFG Hermes in Dubai, United Arab Emirates, said. Jason Goff, 3 Vote(s) A new house rent index that will suggest benchmark rents for all the communities in Dubai, to be published soon by Dubai's Real Estate Regulatory Authority (Rera), is expected to reverse the gains of a seven per cent rent cap and turn the tables against the tenants in favour of the landlords. 3 Vote(s) |
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