Dubai’s apartment prices down 15.1pc in Q2

Cavendish Maxwell which is a property consultancy and chartered surveying firm, stated that average sales prices and rents softened across most communities in Dubai in the second quarter. But, compared to last year, the acerage rate of price decline has slowed with apartment prices falling 15.1 percent and villa/townhouse prices down 14.7 percent. Off plan […]

Dubai house price declines by 14.5% in May 2019

Property Monitor, real estate data platform, has released its Dubai House Price Index for May 2019. The Dubai House Price Index is produced by Property Monitor and was developed in response to a need for greater market transparency. The Dubai House Price Index revealed that prices declined by 14.5% annually in May 2019, and by […]

Demand increase in homes near Dubai Expo 2020

Real estate portal showed that Dubai South, Meydan City, Mudon and Town Square are rising in popularity. According to new research by real estate portal Bayut, interest is soaring in off plan residential projects near Dubai’s Expo 2020 site. Bayut revealed that Mudon, Meydan City, Dubai South and Town Square are some of the areas […]

Ramadan campaign from Danube Properties

Danube Properties has announced a special campaign for Ramadan. The company offers a 4 percent discount on Ramadan mega sales. Danube Properties offers a 4 percent discount on apartments in Dubai in the Ramadan campaign. Danube Properties the property development arm of the business is rated amongst top 5 developers in the UAE. Company’s major […]

Average Dubai apartment price is $330.000

According to new research, average Dubai apartment price falls to $330.000. Cavendish Maxwell’s Property Market Report for Dubai in 2018 said that average vill/townhouse values in the emirate have dropped by AED500,000 in the past year. Manika Dhama, head of Strategic Consulting and Research at Cavendish Maxwell, said: “Dubai’s real estate market continued to face […]