Real estate firms in Dubai are unveiling incentives such as rent-free periods and reduced rates in a bid to lure tenants in an oversupplied marketplace, a property analyst said Sunday.

The residential property market in Dubai is stabilising with transactions rising in January and February helped by a resurgence of finance for real estate investments, according to the latest report from Cluttons. The real estate specialist, that has had a dedicated presence in the Middle East since 1976, says in its report covering the first[…]

Slower declines across property rental and sales continue, says Asteco Q1 2011 report For the first quarter in nearly two years there has been a virtual stabilisation with slight declines in certain areas according to the Q1 2011 report from leading UAE property management company, Asteco.

Dubai is expected to jump up the list of most influential global cities by 2020 but New York and London will remain on top, Knight Frank has said in a new report.

The average rentals fell across the residential, office and retail sectors in Dubai during the first quarter owing to a steady over-supply, said real estate expert Jones Lang LaSalle (JLL) in its latest report.

New data shows residential prices in Dubai stabilising in some neighbourhoods, while other areas continue to decline. Overall prices for apartments have declined 7 per cent since the start of the year, according to research by Jones Lang LaSalle. And villa values declined by 6 per cent in the first quarter compared with the previous[…]

The Sun and Sand Developers Group has announced the completion of Suntech Tower, its latest office project in Dubai Silicon Oasis (DSO), specifically designed to meet the needs of Small and Medium Enterprise businesses in the UAE. Suntech Tower is being inaugurated by distinguished officials from the Real Estate Regulatory Authority (RERA) and Dubai Silicon[…]

DAMAC Properties, the Middle East’s leading independent real estate company, has today announced that a growing number of investors from India are showing interest in Dubai, as they look to capitalise on 60% savings per square foot in the Dubai property market. At an average price per square foot of $264 in Dubai according to[…]

Property prices in Dubai are still nowhere near the bottom and are facing up to a 30 percent fall in value, according to Gulf real estate stock analysts. “House prices in Dubai are likely going to slide downwards for the next two years as oversupply continues to build,” Rasmala Investments senior real estate analyst Saud[…]

Real estate loans up 15% in 2010 to Dh163.19bn In a sign that banks in the country are beginning to see property valuations at reasonable levels, real estate mortgage loans increased by over 15 per cent in 2010, data from Central Bank of the UAE shows. Bank mortgages in the UAE rose by Dh21.47bn last[…]