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UAE: Real Estate's Supply-Demand Gap Is Narrowing in Dubai
January 22nd, 2020 - 09:05 GMT

UAE: Real Estate's Supply-Demand Gap Is Narrowing in Dubai

Green shoots in Dubai's real estate sector are increasingly becoming evident as residential market recorded double-digit sale growth last year while actual supply was lower than projected, reflecting that the gap of supply and demand is narrowing fast. Data by ValuStrat revealed that a total of 24,613 residential units were confirmed to have been completed in 2019 - which includes 19,505 apartments and 5,108 villas/townhouses. This mean total completions represented ...
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Dubai: Property Prices Projected to Drop 11.3 Percent
November 13th, 2019 - 07:58 GMT

Dubai: Property Prices Projected to Drop 11.3 Percent

Abu Dhabi’s gross yields averaged 7.4 per cent, for apartments at 7.7 per cent and villas with 6.6 per cent.
October 15th, 2019 - 10:34 GMT

Abu Dhabi's Residential Capital Values Fall 12.6 Percent

Unlike a general perception that rents will go up ahead of Expo 2020, residents will be paying less rents due to a supply-and-demand correction
September 29th, 2019 - 06:30 GMT

Residential Rents in Dubai to Stay Lower Despite Expo 2020

Majority of the upcoming supply will come up in Dubailand, Business Bay, Jumeirah Village Circle and Downtown Dubai. (Shutterstock)
July 15th, 2018 - 09:51 GMT

Demand to Exceed Supply for Properties in Dubai by 2020

Qatar, in September last year, launched the Next Chapter of its National Tourism Sector Strategy 2030. (AFP)
January 7th, 2018 - 11:00 GMT

Qatar: Hotels Double in Two Years to Cater to Tourist Influx

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