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Dubai metro

Investor Confidence In Gulf Property Undaunted By Economic Adversity

Jae Hwang, executive director at FutureBrand, said Dubai still had a lot going for it and that it was premature to announce the death of its real estate industry.He said mega projects like the Burj Khalifa and Dubai Metro becoming a reality added to the city’s appeal to would be home buyers.

Dubai

Dubai still most popular despite 2009 property woes

More than 43 percent of respondents to the FutureBrand Gulf Real Estate Study, released on Tuesday, said Dubai was their number one choice in the region despite house prices slumping by up to 50 percent in some parts of the city during 2009. He said mega projects like the Burj Khalifa and Dubai Metro becoming a reality added to the city’s appeal to would-be home buyers.

Dubai metro

Dubai’s property market on bumpy recovery path

Dubai: Dubai’s villa market has possibly hit bottom, and the apartment market is beginning to bottom out, industry experts have said.

The potential uplift in the immediate vicinity of the Metro stations is likely to be up to 20 per cent for both residential and commercial properties. (EB FILE)

Property prices near Metro start showing positive signs

Residential and commercial properties in the immediate vicinity of the Metro stations could see a potential uplift of 10 to 20 per cent, an international real estate advisory firm said yesterday.