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Elite City shutterstock_image-6 Off-plan property investment secrets Property Updates

Off-plan property investment secrets

Buying off-plan has been a bit of a dirty word since the dark days of the property crash in 2008, when scores of buy-to-flip investors were left out of pocket. However, as speculated, off-plan buying is making a comeback in 2018. Most major developers now offer generous payment plans for their off-plan projects, yet in […]

Elite City shutterstock_image-15 Six reasons to invest in Dubai property Property Updates

Six reasons to invest in Dubai property

Nearly 10,000 foreigners accounted for Dh21b in realty investments in the first half of the year. According to the Dubai Land Department (DLD), there were 27,642 real estate transactions in Dubai worth Dh111 billion during the first six months of the year. Some 9,935 foreign investors accounted for 11,889 transactions worth more than Dh21 billion. […]

Elite City shutterstock_image-14 Demand to soon outstrip supply for Dubai homes Property Updates

Demand to soon outstrip supply for Dubai homes

A surge of supply is expected to hit the Dubai residential market in the run-up to 2020. This is a result of the slew of off-plan launches witnessed in the past two years, riding high on incentives offered by developers. However, concern is being raised in some quarters on how demand will be generated to […]

Elite City 2017-02-09_Getting-Real-with-Real-Estate-Part-II_FB The UAE economy is set for rebound from this year Property Updates

The UAE economy is set for rebound from this year

The UAE economy, which faced a more than anticipated slowdown in economic growth in 2017, is expected to bounce back from this year thanks to the higher oil prices and the various fiscal reforms packages announced by the government, according to economists. “The announced stimulus and structural reform measures comfort us in our view that […]

Elite City AR_2202_Hyperloop-05_0-1 Will the Hyperloop One disrupt UAE real estate? Property Updates

Will the Hyperloop One disrupt UAE real estate?

It was announced recently that the Hyperloop One, when complete in 2021, will transport goods and people from Dubai to Abu Dhabi in 12 minutes. The ultra-fast levitating capsule will travel at 1,200km per hour and is expected to have a positive impact on the lives of people living and working in the two emirates. […]

Elite City shutterstock_image-11 Buy to live or buy to let? Property Updates

Buy to live or buy to let?

Before you buy property, you often think whether you want to buy to live or buy to let. Do you want a home or do you want an investment? Would you rather swap your monthly rent to pay towards a mortgage or would you rather rent out for potential additional revenue? Here are a few […]

Elite City shutterstock_image-10 Stocks Set to Win in U.A.E. Ownership Shake-Up: Street Wrap Property Updates

Stocks Set to Win in U.A.E. Ownership Shake-Up: Street Wrap

Stocks in the U.A.E., especially real-estate industry shares, may get a boost from plans to allow full foreign ownership in companies as the government seeks to attract investment. Allowing non-Emiratis to own 100 percent of businesses and granting long-term visas to some investors could support property companies such as Emaar Properties PJSC, analysts, strategists and investors said. […]