Dubai's property market cycles: The highs and lows – Khaleej Times

Ayham JbaraEnglish News

There were four distinct property market cycles in Dubai since 2002, when the government first allowed expatriate home ownership in designated free zones in the emirate. The 2003-08 bull market saw home prices rise fourfold, a spike in rents, massive offshore capital inflows, a surge in bank lending to developers and construction companies. Dubai also witnessed dozens of new product … Read More

UAE widens Dubai residential real estate supply – Al Arabiya English

Ayham JbaraEnglish News

العقارات المكتبية

A total of 13,500 apartments and 800 villas were added to Dubai’s residential real estate supply in 2015, and a further 22,000 apartments and 7,700 villas are scheduled to be delivered in 2016, with downward rental rate pressure likely to continue through to 2017, leading real estate consultancy Asteco has released its latest Dubai report, providing an historic review of … Read More

Indian, British and Pakistani buyers top list of non-Gulf area investors in Dubai property | Middle East | News

Ayham JbaraEnglish News

Indian, British and Pakistani buyers topped the list of non Gulf area overseas real estate investment in Dubai in 2015, according to official figures. Indians accounted for AED20 billion ($5 billion) of transactions last year, followed by British buyers with AED10 billion and Pakistanis with AED8 billion, according to the latest data from the Dubai Land Department (DLD). However, buyers … Read More

Invest in offplan or completed units? The debate continues – Khaleej Times

Ayham JbaraEnglish News

It is this temptation that attracted “hot money” flows into the sector, exacerbating the boom-bust cycle that culminated in 2008. Ever since the advent of the freehold phenomena in Dubai, a popular vehicle for investing in the sector has been through offplan investments. To be sure, this has proved to be lucrative in up cycles, as not only does it … Read More