Abu Dhabi Releases Second Installment of Housing Loans Amounting $435 Million
Abu Dhabi has ordered the release of the second instalment of housing loans, numbering 1,000 and valued at Dh1.6 billion ($435.61 million) for this year. Upon the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of... Read more
Real Estate’s Trade Volume Descend Rapidly by 21 Percent in Jordan
Despite several recent measures taken by the government to rescue the ailing sector, the real estate’s trade volume continues to plummet, falling by 21 per cent during the first seven months of 2019, compared with the same period last year, according to figures issued by the Department of Statistics... Read more
Dubai House Rents Plummets in H1 2019
Analysts at Kamco Research said the highest declines in second quarter was witnessed in the affordable housing category. Compared to two years ago, apartment rents are more than 20 per cent cheaper, they said. Rents of two-bedroom apartments in this category declined by 4.6 per cent quarter on quarter... Read more
Nationwide Middle East Properties in the UAE Real Estate Market ‘Sensational’
The journey of Nationwide Middle East Properties in the UAE real estate market has been sensational. We have participated in the country’s modernisation and rebuilding process since 2007; gaining the right expertise in the real estate market to finally establish in 2011. During this time period, we’ve witnessed many... Read more
Dubai-headquartered developer Jumeirah Golf Estates (JGE) has Completed Andalus Towers A and B
Dubai-headquartered developer Jumeirah Golf Estates (JGE) has handed over two of seven residential towers at its Andalusian-inspired community within the 1,119ha Jumeirah Golf Estates masterplanned development in the UAE emirate. In a statement, JGE said one-, two-, three-, and four-bedroom apartments in both towers have sold out. The handover... Read more
Dubai Land Department (DLD) and Property Finder Set to Launch First Official Property Price Index
The Dubai Land Department (DLD) and Property Finder have signed a memorandum of understanding (MoU) for the launch of Dubai’s first official sales and rental price index. The collaboration will create an index called Mo’asher, which translates to index in Arabic. The first edition of the index will be... Read more
Qatar’s Real Estate Sales Increased by QR9 Billion
The second quarter 2019 review issued by ValuStrat reports a continuing correction phase where the rental market shows a noticeable weakening. Residential rents and capital values softened, and office rents continued to cater to tenants. ValuStrat’s general manager (Qatar) Pawel Banach said, “Residential capital values have reduced, though the... Read more
How to Use Your Rental Payments to Become a Landlord
For many, the idea of owning an expensive asset in a foreign country is daunting. Yet many are spending tens of thousands of dirhams each year on rent, and while we are receiving something in return – a home to live in for a defined period of time –... Read more
This is the Right to Time to Invest in Real Estate in Abu Dhabi
The Abu Dhabi real estate review issued by ValuStrat reported that the emirate’s residential capital values in the second quarter of 2019 were 13.3 per cent lower than last year and 3.3 per cent than the previous quarter.  Residential rents softened by another 2 per cent over the last... Read more
UAE’s Property Market is Likely to See an Increasing Number of End Users Buy Properties
With residential sale prices falling at a slower rate than rents, the UAE’s property market is likely to see an increasing number of end users buy properties rather than rent them, according to real estate consultancy JLL. According to a Q2 report from JLL on the UAE’s property market,... Read more