Month: May 2012

UK residential rental market outlook positive

UK rent

According to a new Nationwide Building Society survey, 60 percent of brokers are expecting to do more mortgage business with landlords. The demand for buy to let has shown no signs of slowing down and brokers surveyed believe the number of new landlords will increase in 2012 and professional landlords will increase their property portfolio…. Read more »

Dubai property outperforms Abu Dhabi real estate

Dubai real estate market is outperforming that of its neighbour Abu Dhabi

Recent REIDIN figures have revealed the rise in value of residential property in Dubai has surpassed that of Abu Dhabi, showing a sign of the Dubai property market’s continued strength. Property prices in Dubai increased by 1.53 percent in April compared to March last year, whilst Abu Dhabi prices dropped by 0.65 percent. This has… Read more »

Dubai property market is back in the spotlight

Dubai property transactions and prices  increased in Q1 2012

Dubai real estate has hit the headlines after a positive first-quarter performance proving the property market in the emirate is recovering fast. According to a recent CBRE report, apartment and villa prices have increased in the first quarter of 2012. The pace of residential property in Dubai has seen a dramatic increase and the prices… Read more »

Dubai banks considering mortgages for overseas investors

Dubai banks are looking to introduce new mortgages for overseas investors

Various Dubai banks are close to launching new mortgage products specifically for overseas investors who are looking to buy Dubai property. At present the mortgage market is growing but is largely limited to residents. Up to four large banks in the emirate are interested in financing people who are non-residents and are looking at overseas… Read more »

Dubai Marina listed as the leading investment location for 2012

Dubai Marina

A recent survey by propertyfinder.ae has revealed the top three investment and rental locations across Dubai for this year: Dubai Marina, Jumeirah Lake Towers and Downtown Dubai. The survey asked 3,000 brokers a selection of questions about the latest trends in the Dubai property market and the results showed positive signs of property being in… Read more »

Dubai outperforms global property markets in 2012

dubai-property-strongest-in-2012

Dubai has been named to have the world’s top performing real estate market in the first quarter of this year, according to Knight Frank’s Prime Location Cities Index. The index has revealed Dubai has experienced a four percent rise between the months of December 2011 and March 2012, beating other cities including London and Jakarta…. Read more »

Turkish property to receive huge boost after parliament accepts draft law

turkey-property-law

Turkey is expected to see a huge boost in overseas property investment after the country’s Parliament has adopted a draft law promoting the sale of real estate to foreign investors. The new ruling has increased the amount of land a foreign investor can buy from 2.5 to 30 hectares, although the Turkish council of ministers… Read more »

Euro zone crisis causes investors to seek more secure UK property

euro-zone

Euro zone troubles have caused a surge in interest from many international investors who are turning to the UK for a safe property investment, according to news agency Reuters. Many investors are seeking a safe haven for their money and property in the UK has been a top choice for many homebuyers. According to property… Read more »