Emaar's first-quarter revenue from villa sales doubles
Emaar Properties, the developer of the world's tallest tower in Dubai, said first-quarter revenue from villa sales doubled from...Published on Thursday, 16 May 2013 Source: Bloomberg
Emaar Properties, the developer of the world's tallest tower in Dubai, said first-quarter revenue from villa sales doubled from...Published on Thursday, 16 May 2013 Source: Bloomberg
Dubai’s beachfront properties prices have gone up by as much as 20 per cent in the past one year, making real estate a good investment option in the emirates once again.
Despite peak hour traffic jams in posh Dubai district. Despite the peak hour traffic jams in Jumeirah Beach Residence (JBR), residential rents in the master community have not plunged.
Rates head northward following increased demand from residents moving homes in search of better deals. According to real estate information company REIDIN.com, villa and apartment rents rose by 11.7 per cent and 8.6 per cent last year.
Rents have started to increase in selective areas of Dubai after the pace of rental income slowed down significantly in 2011, but will continue to fall in fringe communities, according to a new report.
Average rental rates for Dubai apartments and villas up 1%: Asteco
Firms with real estate investments believe market has recovered sufficiently. Owners of property portfolios – both private and corporate - are leaning on property valuation firms to match “pre-crash valuations”.
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