Might it be time to consider buying Dubai property again? I only ask because the oil price, as I type, is $116 a barrel, and no one thinks that’s absurd. Certainly, it is unlikely to decline against a backdrop of the worst and most widespread unrest in the Middle East in living memory. The madness[…]

DUBAI: House prices in the United Arab Emirates may drop an additional 25 percent to 30 percent as population growth stagnates and more properties are put onto the market, according to Dubai investment bank Rasmala.

Rents in some of Dubai’s most popular areas have fallen by about 30 percent in the past year, according to the latest data published by the emirate’s property regulator. Apartment rents in Dubai Marina, Palm Jumeirah, Discovery Gardens, and Jumeirah Beach Residences have all seen significant declines, according to the Real Estate Regulatory Agency.

A new report forecasts further declines in the UAE’s property market. Home prices are likely to drop an average 25 to 30 per cent before bottoming out, concludes a report released yesterday by the investment bank Rasmala. The market will be buffeted by “depopulation risk, deleveraging and heavy pipeline-delivery schedules leading to demand-supply imbalances”, said[…]

Real estate prices in Dubai’s battered property market are bottoming out more than two years after the financial crisis sparked a slump that devastated values, an analyst has said. Fifteen months on from the Dubai World debt crisis, which saw the state-owned conglomerate seek to alter terms on $24.9bn of debt, investor appetite is picking[…]

Overseas property investors are looking back at Dubai according to industry experts. Enquires for property in Dubai increased last year following reported price growth in some of the emirates more exclusive residential areas such as Dubai Marina and The Palm. However since the beginning of 2011, there has been significant interest in Dubai property with[…]

DUBAI, MARCH 10: Dubai’s property market has witnessed a rise in the number of overseas investors three months into 2011 even as the construction work has picked up on the previously announced projects. Although some delays are likely, it has been said that no major cancellations are expected to happen to the projects targeted for[…]

Landmark Properties says emirate is back on the agenda for many overseas investors Overseas investors are looking to invest in Dubai’s residential and industrial property sector once again, according to Landmark Properties. Michael Michael, Director of Sales at Landmark Properties, said: “From the end of last year onwards, we have seen a definite increase in[…]

(Reuters) – Dubai will be able to meet all debt obligations due in 2011, including a $4 billion loan owed by its investment fund, a member of the Gulf Arab emirate’s top fiscal body said on Tuesday.

DUBAI (Reuters) — Dubai inflation edged up to 0.4 percent on an annual basis in January, but living costs in the emirate fell slightly from the previous month due to a drop in food prices, data showed on Monday.