November 2017 - Prestige Real Estate Brokers


November 2017

How the year 2017 panned out for Dubai property

More off-plan sales, lower-priced inventory, efficient unit sizes and yield compression are key trends Dubai witnessed an upsurge in both ready and off-plan sales this year, with overall property transactions until September totaling to more than 50,000, according to the…

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Dubai property market sees shift towards affordability

Dubai’s real estate is seeing a shift in demand towards more affordable mid-market communities, according to a new report. dubizzle Property and real estate consultants JLL have released their End of Year Property Report for 2017 which showed sales leads…

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UAE named MENA’s top residence by investment country

Henley & Partners study shows continued emergence of the UAE on global stage The UAE has been ranked as the Middle East and North Africa’s top residence-by-investment program for the third consecutive year, according to a new study. Henley &…

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9 Simple Tips To Create a Perfect Guest Room

The holidays are just around the corner – is your home ready for overnight guests? Here are 9 suggestions to create the perfect guest room for friends and family. Offer reading material A pile of recent magazines or a shelf…

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Dubai rents get a reality check

Dubai Land Department updates rental index to more accurately reflect market rates The Dubai Land Department (DLD) has announced that the rental index has been updated for 2018. The new update is for all residential, commercial and industrial properties in…

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Sheikh Mohammed’s message for world on tolerance day

Names Dubai Canal footbridge as ‘Tolerance Bridge’ His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday sent out an emotional message to the residents on the occasion of International Day…

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Revealed: Dubai’s most affordable beach residences

Average rental prices for areas 10 minutes from Dubai’s beaches revealed UAE classified website dubizzle Property revealed that the cheapest area to rent an apartment near the beach is Al Satwa. The report listed the cheapest and most popular rental…

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Sheikh Mohammed amends Dubai property registration law

Sheikh Mohammed issues new law with amendments aimed at protecting real estate investors and developers Dubai: His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued a new…

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First Bulgari hotel in Dubai confirms opening date

The Jumeirah Bay project also features a limited collection of Bulgari home Dubai: The first “Bulgari” branded hotel in Dubai has got itself an opening date – December 7. Located on Jumeirah Bay – a development by Meraas – the…

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