News tagged "Prices"

Average sales prices and rents softens in Dubai in Q2 2019

Average sales prices and rents softens in Dubai in Q2 2019

19th July 2019

According to *Tradearabia news report, average sales prices and rents softened across most communities in Dubai in the second quarter. However, compared to last year, the average rate of price decline has slowed with apartment prices falling 15.1 per cent and villa/townhouse prices down 14.7 per cent, stated Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the Middle East.[..]

Read more

Dubai property prices fell at faster pace in 2018-end

Dubai property prices fell at faster pace in 2018-end

10th January 2019

According to *Gulf News report, property prices in Dubai started falling at a faster pace towards the end of the year, most likely brought on by the sheer volume of new homes being delivered. Much the same was being felt in the residential rental space as well, according to the latest Knight Frank report.[..]

Read more

Oil prices to witness sharp rise after 2020

Oil prices to witness sharp rise after 2020

9th March 2017

Oil prices could see a sharp rise after 2020 as supply is expected to dwindle due to the recent slowdown in investments in new projects, Paris-based International Energy Agency (IEA) said in its latest five-year oil market forecast.[..]

Read more

UAE Central Bank Hints at Dubai Real Estate Markets Likely Overheating-Land Department Denies Likelihood

UAE Central Bank Hints at Dubai Real Estate Markets Likely Overheating-Land Department Denies Likelihood

10th June 2014

On Sunday the UAE Central Bank came out with a warning that the real estate markets in Dubai were possibly overheating, stating in its financial stability report that, "Current average rental yields in Dubai and Abu Dhabi are approximately 70 and 130 basis points below historical averages, which could indicate growing imbalances - overheating real estate market. "[..]

Read more

First 1 Last