July 2017 - Prestige Real Estate Brokers


July 2017

Land prices are already heading upwards in Dubai

There has been a 13% spike in first six months even as property values remain stuck. Dubai: In Dubai, land is where the returns are for investors right now. In the first six months of the year, plot prices in…

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Dubai landlords accept monthly rent cheques as market changes

Two- to four-cheque payment plans remain more common, says Cavendish Maxwell Landlords in Dubai have started accepting annual housing rents in six to 12 cheques, as new supply enters the market, according to a real estate consultancy. Data shared exclusively…

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UAE cuts processing time of residency visa in half

Moving to Dubai just got easier If you’re moving to the UAE anytime soon, we’ve got some good news. It’s now going to take much less time to process your residency visa, thanks to a new government initiative. The Ministries…

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Property prices, rents continue to fall across Dubai, Abu Dhabi

New Propertyfinder report reveals worsening yields for buy-to-let investors as declines in rents outpace those in the sales market. Prices across Dubai’s freehold neighbourhoods are continuing to weaken, while there are worsening yields for buy-to-let investors as declines in rental…

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Look: Dubai villas surrounded by forest

Properties located along a major landmark in the heart of Dubai, surrounded by 2.4 million square feet of trees, plants. Imagine living in a villa surrounded by lush greenery. It’s all yours for at least Dh11.1 million. Dubai:  With the…

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