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Dubai was the only Middle East city on the list and ranked higher than traditionally popular real estate markets like Monaco,...Published on Monday, 13 May 2013
Source: Arabian Business
Dubai was the only Middle East city on the list and ranked higher than traditionally popular real estate markets like Monaco, London, Hong Kong and Moscow.
With the property price crash of 2008/09, induced as it was by the global economic slowdown, now a thing of past, Dubai has emerged as the second hottest property market in 2012.
Dubai can accommodate a tower taller than Burj Khalifa, said Mohammed Alabbar, Chairman of Emaar Properties.
Rental rates in Springs community registered an increase of 32 per cent
Dubai real estate prices and rents rose for the 16th consecutive month in March, continuing the steady recovery in the sector, according to a new report by Deutsche Bank.
Dubai Marina and Palm Jumeirah continue to remain the most popular residential areas for property buyers followed by Downtown Dubai, says a new report.
Average rental rates for residential property in Dubai increased 17 percent last year while villa rentals rose 14 percent following a rebound in the emirate’s real estate sector, according to a new report.
Dubai property sales prices are about 18 percent higher in the first quarter of 2013 compared to the year earlier period, Jones Lang LaSalle said on Sunday.
Real estate experts Cluttons has said average prices for high-end villas in Dubai are up by nearly nine percent over the past six months.
Sale will commence at 7am on April 13 at Emaar Sales Centre in Emaar Square, Downtown Dubai
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