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News
Top 5 villa townhouse projects launched in 2019
The past year unveiled some interesting villa and townhouse projects. This is our selection of the most noteworthy ones among them.
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Top reasons why you should invest in studio apartments
Despite the drop in property prices in the last few years, the UAE real estate market continues to provide some of the highest rental returns in the world. In fact, according to industry analysts, the UAE offers almost double rental yields in comparison to other cosmopolitan cities such as London, Paris and New York. Therefore, it is still very popular among foreign investors.
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The 10 Best Dubai Apartments for Young Couples
With Valentine’s Day approaching, here is a list of the best 1-bedroom units currently available on the market. These apartments are ideal for young couples who are starting their life together. Aside from offering a great balance between location, price and layouts, these properties ooze love and much-needed serenity. If you are thinking of moving soon, check out our selection of 1-bedroom apartments in Dubai for sale and rent.
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5 Tips on how to choose the right real estate agent
Many buyers, sellers, tenants and landlords have experienced the inconvenience of dealing with unprofessional agents. Having a broker who does not answer your calls or wastes your time on viewing a property which looks nothing like the one advertised on the portals are only some of the situations you might have encountered. To ensure you are dealing with a true real estate professional, you should ask yourself the following questions:
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What is new in serena-dubai properties hottest community
Serena Dubai Properties newest and one of the most sought-after communities lately is soon opening its own marketplace. Spanning over 28,000 square feet, the marketplace will feature a wide selection of retail and dining options, an entertainment area, healthcare facilities, ample parking, ATM machines and 24-hour security. The project will serve residents of Serena’s subcommunities Bella Casa, Casa Dora and Casa Viva, as well as residents of Al Waha and Al Layan.
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How do we define luxury property in dubai
Merriam Webster dictionary defines luxury as a condition of abundance or great ease and comfort. When it comes to luxury properties in Dubai we can find various units being marketed as such. However, many UAE residents have faced disappointment while viewing these ‘luxurious’ properties in person. You will rarely see truly high-end properties on real estate portals; they are usually offered through unconventional methods to preserve their values. Luxury property specialists have their own network and clientele to share such properties with.
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5 Mistakes buyers make while investing in dubai property
Inexperienced real estate buyers often make the same mistakes while looking for Dubai property for sale. If you are looking to invest in Dubai property, these are the things you should avoid.
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Dubai properties for sale in higher demand due to decline in property prices
Properties for sale in Dubai that are being offered at affordable prices are the main factor responsible for notable growth in property sales activity. Residential values last month dropped almost to the value they had post-2008 crisis. Latest ValuStrat research showed that the average rate per square feet almost reached the level it had in 2010. A decade ago, it averaged at AED 898 per square feet, while now it’s valued at AED 911, which is only 13 dirhams more.
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Where are real estate rental prices headed post covid-19
Among many consequences of COVID-19 outbreak was a number of job redundancies followed by 10% of residents leaving the UAE, according to some statistics. Consequently, many homes are now vacant. This led to a drop in rental prices in Dubai. This is great news for those looking for villas or apartments to rent in Dubai, but not for the landlords. “Prices have obviously come down considerably. For example a 2-bedroom plus maid’s room apartment on Palm Jumeirah’s Shoreline that would have been rented for AED 110k pre-COVID-19, we have just rented out for AED 85k”, says Emma Jayne Main, Leasing and Property Management Director at AQUA Properties.
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