Dubai Safe Haven for GCC nationals
Dubai has achieved a reputation as a safe haven in recent months amid geopolitical turmoil across much of the Middle East especially in Egypt, Libya and Bahrain, which has enticed many property investors and funds back to the country’s real estate sector. The UAE remains an attractive destination for GCC nationals to invest in real [...]
Dubai property on the road to recovery
Dubai’s property sector is showing clear signs of recovery in select areas of the city as the ‘flight to quality’ continues to affect the market. Dubai’s more established and desirable residential areas have seen widespread price stability and even increases over the last few months. Head of research at Jones Lang LaSalle, Craig Plumb said [...]
Update: 3 year residency visa available to Dubai property buyers
Dubai’s housing market is expected to receive a considerable boost following new rules regarding residency visas. The Government have announced that property buyers will now be able to gain a 3 year residency visa opposed to the current 6 month visa. The move has been welcomed through-out the industry with experts and analysis’s saying the [...]
Dubai’s “economic indicators are good”
According to the most recent reports Dubai seems to be very much on the road to recovery with improvements across the board. Dubai’s tourism, air transport, trade and service sectors have all grown consistently since 2009 with further improvement this year confirming that the emirate is on the right track. Dubai International Airport traffic experienced [...]
Dubai property market enjoys stability after increased demand
A recent report created by Nomura has highlighted the improving performance of Dubai’s real-estate sector. “We think there are signs of price stabilisation across the residential market, with the recovery in Dubai (in selected areas) stronger than Abu Dhabi.” the report stated. The report’s author Chet Riley added “In the past two months, we find [...]