• Demand sky-high for Dubai’s office realty

    Dubai: Key office locations in Dubai has been removing the shackles on rental growth, with those in Business Bay and the Tecom zone recording the highest growth rates (on an annualised basis) during the third quarter, up 35 per cent and 31 per cent respectively. Festival City offices followed with a 26 per cent increase, […]

  • Are rents in Dubai falling? Statistics show otherwise

    Rents in Dubai and Abu Dhabi saw marginal increase in September: Reidin Contrary to popular belief, rents in Dubai and Abu Dhabi are still edging up, and they increased modestly in September 2014 according to data released by Reidin. This is in line with the results of an Emirates 24l7 poll published last week, where […]

  • Dubai needs new homes and lots of them: Colliers

    An estimated 51,000 new homes are likely to enter the market by 2020; Occupancy levels nearing 90%, putting pressure on rentals Dubai: With occupancy levels across all available homes in Dubai at a significant 87 per cent, the city will need new homes — and fast. An estimated 51,000 new homes are likely to enter […]

  • Dubai real estate market will peak in 2015, says property boss

    The rise of Dubai’s fast-growing residential real estate market is likely to peak in 2015, but will not suffer the same dramatic pitfall seen in 2008 and 2009, a leading Dubai real estate boss has forecast. “We do a lot of analytics and we do a lot of market research. We know that every eight […]