News - Cushman & Wakefield Core UAE

NEWS

News

Housing costs continue to fall in Dubai

The credit rating agency Standard & Poor’s has said that it expects house prices and rents in Dubai to continue to fall throughout 2017 because of the continued fallout from low oil prices and currency woes.

The National • 2017-02-16

News

Meraas appoints CORE as the exclusive agent for Bluewaters residences

Meraas has appointed CORE as the exclusive agent for the sale of luxury residences at its waterfront destination Bluewaters, a vibrant cosmopolitan island that will also be home to Ain Dubai, the world’s largest observation wheel.

Press Release • 2017-02-16

News • UAE • Residential

How landmark projects impact Dubai real estate value

The influence that an iconic project can have on its locale is often quite dramatic. Apart from becoming a magnet for activity and development, trophy properties or iconic projects have the ability to change the value of nearby real estate.

Gulf News • 2017-02-01

News

A quick turnaround in prices not expected in 2017

Sales prices to contract particularly in H1 2017 Rental and sales values to revive slowly, expected recovery in the next 12-24 months.

Press Release • 2017-02-01

News • UAE • Office • Economy • Workplace

Aligning existing supply with demand to bolster the office market in 2017

In the wake of continued contraction in demand anticipated over the next few quarters, Grade A and B office rents in Abu Dhabi are expected to fall by at least 10%-15%, a magnitude similar to 2016 rental drops.

Press Release • 2017-02-01

News • UAE • Residential

Harrods Estates, Emaar Properties team for Dubai real estate showcase

United Arab Emirates’ Emaar Properties is seeking potential real estate buyers through a showcase within British department store Harrods.

Luxury Daily • 2017-01-26

News • UAE • Residential

Dubai property prices have further to fall

Property prices in Dubai are due to fall further this year despite a slight uptick in values last month, according to a new report released on Tuesday.

The National • 2017-01-24

News • UAE • Sustainability & Wellness

Nakheel to add 105km of cycling tracks in its Dubai communities

Dubai-based developer Nakheel is to spend Dh150 million adding a total of 105 kilometres of cycling tracks around many of its communities in Dubai.

The National • 2017-01-18

News

Dubai rent index 2017: Two-beds 14pc cheaper in Marina, 30pc costlier in Arjan

Rents for two-bedroom apartments in majority of freehold areas across Dubai declined or remained stable, according to a comparative analysis of the official rent index for 2016 and 2017.

Arabian Business • 2017-01-08

News

Have cash, will buy off-plan property

Once pronounced dead after the global economic slowdown of 2008-2009, consultants and developers now say Dubai's off-plan property market is alive - and kicking - in 2017.

Khaleej Times • 2017-01-07

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