Dubai among world's best for real estate price growth
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,...Published on Monday, 13 May 2013 Source: Arabian Business
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.
Rental rates in Springs community registered an increase of 32 per cent
Real estate transactions in Dubai reached AED44bn ($11.9bn) in the first quarter of 2013, up 63 percent on the same period last year, according to new figures released by the emirate's Land Department.
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.
The average cost of an apartment in Dubai increased 12 percent in the first three months of the year as demand for real estate in the emirate increased in prime locations, according to a new report.
Renewed confidence in the economy and the real estate sector is pushing rents up further in some areas in Dubai during the first quarter of the year.
Rental values in Dubai rose an annual rate of between seven and 10 per cent over the past three months, with analysts forecasting up to a 17 per cent rise for the year.
Dubai Land Department says 5,434 women invested in property in 2012
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