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 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.
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.
Average apartment rents in Dubai rose 17 per cent in 2012 compared to last year, outshining the villa market, which saw an increase of 14 per cent, according to CB Richard Ellis (CBRE).
Dubai's luxury real estate prices recorded the second biggest jump after Jakarta, according to UK-based real estate consultant Knight Frank.
Recovery of Dubai’s real estate sector is in line with the wider economic upturn and strong economic fundamentals of the emirate, Citibank said on Wednesday.
Dubai’s real estate sector is on track to record “selective growth” as rents and values continue to improve for prime properties in the hotel, retail and residential sectors, leading real estate consultancy company said on Monday.
House prices and rents in the UAE are forecast to remain under pressure from new supply coming to market and the impact of distressed assets in the eurozone, a new report has said.
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