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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. […]

Elite City Visa A 10-year residency for the skilled can revive UAE property Property Updates

A 10-year residency for the skilled can revive UAE property

Opening up 10-year residency contracts for certain professions and full ownership of businesses for investors could just be the tonic the UAE’s property market needs. In one go, it creates opportunities for the highly skilled to commit to asset purchases and without having to bother about a renewal every two years.  A two-year residency is […]

Elite City shutterstock_image-9 A step by step guide to purchasing a house in Dubai Property Updates

A step by step guide to purchasing a house in Dubai

A step by step guide to buying a house in Dubai So you have finally decided to buy a house in Dubai after finding out how beneficial owning a property in Dubai can be? Buying a property as an expat might sound like a complicated procedure, filled with obstacles that could cripple small-time players. But you […]

Elite City shutterstock_image-8 All you need to know about Dubai Downtown Property Updates

All you need to know about Dubai Downtown

Downtown Dubai There are not many places in the world that you’ll find a dancing fountain, an impressive opera house, and the world’s tallest building all at your doorstep, but Downtown Dubai offers just that. Known as mega-development – ‘The Centre of Now’ in the heart of Dubai, this neighbourhood is a great choice for those looking […]