November 2016 - Prestige Real Estate Brokers


November 2016

Dubai property market set to ‘stabilise’ in 2017

Dubai’s residential property market is showing signs that it will stabilise next year as it continues to post declines, according to the latest report by consultancy Cluttons. Residential sales values dropped 7.4 per cent year-on-year in the third quarter, and…

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Springs and Meadows are not for bargain chasers

Dubai: Don’t go bargain hunting at two of Dubai’s enduringly popular freehold choices — The Springs and The Meadows. Property values there have gone up by a hefty 6 per cent from what they were as late as January this…

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New Dh150m Palm Jumeirah boardwalk opens to public

The 11 kilometre Boardwalk at Palm Jumeirah in Dubai was officially opened yesterday by Nakheel Chairman Ali Rashid Lootah, marking the completion of yet another new attraction at the world-famous island. The Dh150 million Boardwalk was created by building out…

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9 Tips for Creating the Perfect Guest Room

The holidays are coming – is your home ready for overnight guests? Follow these suggestions to create the perfect guest room for friends and family. 1. Offer reading material A pile of recent magazines or a shelf of assorted books…

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Virtual Reality in Real Estate

The day many tech lovers have been waiting for is here: Google Daydream View is now available in stores. The new virtual reality headset connects with a smartphone (specifically, Google Pixel) to immerse users in their favorite games, movies or…

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5 big real-estate trends to watch in 2017

A surprising twist toward the end of 2016 with the election of real estate magnate Donald Trump as president is likely to presage some dramatic changes in 2017 for the housing industry, which saw healthy increases ion values this year,…

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Dubai property gets the Gen Y boost

Millennials in Dubai are increasingly getting onto the property bandwagon – and that’s good news for the emirate’s real estate sector in general and for certain up-and-coming suburbs in particular. Born between the early 1980s and 2000, millennials account for…

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From reality TV to White House: Who is Donald Trump?

After a long and tumultuous race, billionaire-turned- Republican standard-bearer Donald J. Trump was elected Tuesday (Wednesday in Manila) as the 45th President of the United States. Trump, a 70-year-old Manhattan real estate mogul, seized power by delivering corrosive speeches that…

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Dubai to build biggest arena in the region

Committed to creating and delivering unique experiences, Meraas, a Dubai-based holding company, has announced the ‘Dubai Arena’, a new state-of-the-art multi-purpose arena. Spanning an area of half a million square feet and with an approximate capacity of 20,000, the arena…

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