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Chief economist, Dr Christopher Payne takes an in-depth look at Dubai’s housing market Dr. Christopher Payne, Chief Economist, Peninsula Real Estate | Jun 28, 2021 Two facts present themselves. On the one hand, Dubai’s residential real estate has been in a bear market for several years. Yet, on the other hand, transaction volumes in 2021 […]
UAE residents turn bullish on property price, rent prospects. New survey reveals 53 percent of respondents expect prices to rise or remain stable compared to 31 percent in October Residential real estate market in both Abu Dhabi and Dubai weakened in 2020, with apartment rents in Dubai declining by over 15 percent, and sales prices […]
The UAE’s real estate sector is set for a long climb back. But after the challenges of 2020, but there are glimmers of hope Property Finder said residential sales transactions in Dubai rose by 64 percent from May to June Despite being among the many driving forces for the UAE’s economic growth over the past […]