Dubai Real Estate Claws Its Way Back, Slowly But Surely

Dubai’s real estate sector was one of the hardest hit outside of the US when the 2008 recession gripped the globe. But now, for the first time in five years, positive signs are emerging that a recovery is well underway.

Moody’s Gloomy View on Dubai’s Real Estate Market Recovery

The outlook for Dubai’s property market is not expected to improve any time soon, according to a gloomy prediction from ratings agency Moody’s, who think a price recovery will not begin until 2016. Dubai first opened its doors to overseas investors in 2002, granting them freehold ownership rights at a number of developments, and this […]

Cancelled and Delayed Projects Increase in UAE

The value of delayed or cancelled construction projects in the UAE grew to $170 billion in the month just gone, in a strong indication that the country’s real estate industry has far from recovered. The 13% increase from projects that were delayed or cancelled in July was revealed last week in a report issued by […]

Property Experts Divided Over Worth of Three-Year UAE Visas

The recent news that some UAE home purchases will be able to obtain three-year property visas has divided real estate experts, as some believe it will have little effect on Dubai’s ailing real estate market while others think it could increase foreign sales. In June the government decided to offer extended visas to those who […]

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