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News • UAE • Economy • Residential

Dubai Plan 2040: Up to 550,000 new property units required

Dubai’s population is expected to increase from the current 3.4 million to 5.8 million by 2040.

Khaleej Times • 2021-03-28

Dubai Plan 2040: Up to 550,000 new property units required (image)

News • UAE • Residential

Azizi tests waters with Dh26.8m penthouse as Dubai's luxury properties rise again

Palm Jumeirah recently recorded a Dh111m villa sale, and more pricey deals are on the way

Gulf News • 2021-03-23

Azizi tests waters with Dh26.8m penthouse as Dubai's luxury properties rise again (image)

News • UAE • Residential

Expats buying villas, cashing in on low prices

It’s time to buy villas and townhouses in Dubai. And expats are buying in droves.

Khaleej Times • 2021-03-15

Expats buying villas, cashing in on low prices (image)

News • UAE

Dubai to remain tenant friendly amid coronavirus-enforced expat exodus

Leading real estate experts expect sector to favour tenants 'for the foreseeable future'

Arabian Business • 2021-03-02

Dubai to remain tenant friendly amid coronavirus-enforced expat exodus (image)

News • UAE • Office • Residential

Why oversupply issues could hit Abu Dhabi's property market in 2021

Consultants Cushman & Wakefield Core predicts a spike in handovers this year with more than 7,000 units set to be delivered

Khaleej Times • 2021-02-09

Why oversupply issues could hit Abu Dhabi's property market in 2021 (image)

News • UAE • Residential

Strong supply to keep rentals, prices under pressure

Cushman & Wakefield Core projects 7,000 units to hit the market this year as compared to 4,500 last year

Khaleej Times • 2021-02-08

Strong supply to keep rentals, prices under pressure (image)

News • UAE • Residential

Here's how landlord incentives limited 2020 rent drops in Abu Dhabi despite COVID-19

Landlords compensated tenants through monthly payment options and rent deferments

Gulf News • 2021-02-08

Here's how landlord incentives limited 2020 rent drops in Abu Dhabi despite COVID-19 (image)

News • UAE • Economy

UAE's GDP contracted 7.7% in 2020

The IIF noted that the UAE could afford a modestly expansionary fiscal stance in 2021 given its large financial buffers

Khaleej Times • 2021-02-08

UAE's GDP contracted 7.7% in 2020 (image)

News • UAE • Residential

Abu Dhabi Villa Prices Climb for the First Time in Five Years

Villa values rose 2% amid higher demand; apartment prices drop

Bloomberg • 2021-02-08

Abu Dhabi Villa Prices Climb for the First Time in Five Years (image)

News • UAE • Office

Dubai office space to remain 'pivotal' in 2021 despite boom in remote working

New research says Dubai businesses will continue to need common spaces to foster innovation, productivity, company culture and teamwork

Arabian Business • 2021-01-23

Dubai office space to remain 'pivotal' in 2021 despite boom in remote working (image)