Month: December 2014

Dubai property rents increase 5% y-o-y

Dubai property rents increase 5% y-o-y

Buy-to-let investors with assets in Dubai have enjoyed rental return increases of 5% this year, new research suggests. Summary: Rents in Dubai have increased by 5% over the past year Demand for property in Dubai is set to continue unabated Apartments in close vicinity to major new public transport improvements are in high demand currently… Read more »

New Ras al Khaimah waterfront café attempts dessert party world record

New Ras al Khaimah waterfront café attempts dessert party world record

The number of tourism attractions in Ras al Khaimah continues to increase with the launch of a new waterfront café. Summary: Ras al Khaimah has hosted the launch of a new Lounge by Manhattan café The emirate has made huge additions to its tourism infrastructure this year Property investment in Ras al Khaimah has experienced… Read more »

Scottish investors seeing capital growth after referendum uncertainty

Scottish investors seeing capital growth after referendum uncertainty

Property prices in Scotland have significantly increased following the resolution of the independence referendum. Summary: House prices in Scotland increased by 0.7% during October The average property asset in Scotland has experienced capital growth of £8,850 in the past year Student property is also a popular investment option as Scottish universities provide free tuition Property… Read more »

Rent associated with Dubai office property increases 25%

Rent associated with Dubai office property increases 25%

Prime office rents in central Dubai increased 25% during the 12 months to the end of September, a new report has revealed. Summary: Dubai office rents have increased by 25% over the past 12 months Residential property in Dubai was found to have appreciated by over 20% earlier this year Widespread property investment has commenced… Read more »

Buy-to-let property returns rising across much of the UK

Buy-to-let property returns rising across much of the UK

Buy-to-let property rental returns are rising across three-quarters of the UK, new research suggests. Summary: Buy-to-let properties generate average monthly rents of £874 The peak student accommodation period is over and there is underlying strength in the private rented sector Many tenants choose to rent, seeking the increased flexibility it provides The chances are that… Read more »

Property investment preferred alternative to high-value savings account?

Property investment preferred alternative to high-value savings account?

The Co-operative Bank has failed an extreme new stress test, but the Bank of England is satisfied the UK’s banking system is now more robust than in the past. Summary: Co-operative Bank fails the Bank of England’s stress test Overall, the Bank is happy the UK’s financial system is more robust than in the past… Read more »

Dubai Gold Souq becomes major tourist attraction

Dubai Gold Souq becomes major tourist attraction

Both property and jewellery is extremely sought after in Dubai’s Gold Souq. Summary: Dubai’s Gold Souq is attracting a huge number of foreign jewellery buyers Property in the vicinity is selling at record levels due the limited nature of supply More Emirati investors have purchased property than they have gold – the traditional investment safe… Read more »

UK property showing strongest annual growth in 10 years

UK property showing strongest annual growth in 10 years

Property investments appreciate 11.3% in 2014, while long-term demand for property looks set to remain high. Summary: House price values in the UK rise by 11.3% in 2014 Stamp duty changes and an upsurge in first-time buyer activity are set to underpin future strength Buy-to-let property continues to be popular with investors, as gearing activity… Read more »