Weekly News

For the Week ended August 14, 2016

Expert view: Why now is the right time to buy property in Dubai: http://www.emirates247.com/business/expert-view-why-now-is-the-right-time-to-buy-property-in-dubai-2016-08-07-1.638151

Dubizzle says Dubai property market has bottomed out, but Abu Dhabi sales and rents under pressure: http://www.thenational.ae/business/property/dubizzle-says-dubai-property-market-has-bottomed-out-but-abu-dhabi-sales-and-rents-under-pressure

Dubai’s costliest deal: Burj Khalifa Armani unit @ Dh7,181 psf: http://www.emirates247.com/news/dubai-s-costliest-deal-burj-khalifa-armani-unit-dh7-181-psf-2016-08-09-1.638465

Affordable Dubai property prices rise by up to 3.9% in July: http://www.arabianbusiness.com/affordable-dubai-property-prices-rise-by-up-3-9-in-july-642097.html#.V61W8Zh97IU

Housing: Other emirates act as satellite cities to Dubai: http://tradearabia.com/news/CONS_311592.html

Dubai tycoon Al Habtoor sees property price rebound soon: http://www.arabianbusiness.com/dubai-tycoon-al-habtoor-sees-property-price-rebound-soon-641624.html#.V6jKMbh97IU

Foreigners are snapping up homes in Dubai, why aren’t the expats?http://www.khaleejtimes.com/business/real-estate/foreigners-are-snapping-up-homes-in-dubai-why-arent-the-expats

Average Dubai property prices slump 2% in past 3 months: http://www.arabianbusiness.com/average-dubai-property-prices-slump-2-in-past-3-months-641919.html#.V6ttUZh9600

Dubai holds top 10 spot in world’s most expensive cities to live and work: http://www.thenational.ae/business/property/dubai-holds-top-10-spot-in-worlds-most-expensive-cities-to-live-and-work

Construction sector sees growth in Dubai: http://tradearabia.com/news/CONS_311740.html

Emaar unveils luxury residential scheme in Downtown Dubai: http://www.arabianbusiness.com/emaar-unveils-luxury-residential-scheme-in-downtown-dubai-641383.html#.V6gUarh97IU

Dubai’s Damac to launch $163k land plots in golfing community: http://www.arabianbusiness.com/dubai-s-damac-launch-163k-land-plots-in-golfing-community-641753.html#.V6qz6Zh97IU

Dubai’s world’s tallest ‘The Tower’ neighbourhood gets new hi-rise: http://www.emirates247.com/news/emirates/dubai-s-world-s-tallest-the-tower-neighbourhood-gets-new-hi-rise-2016-08-11-1.638731

Azizi unveils serviced apartments in Al Furjan: http://www.khaleejtimes.com/business/real-estate/azizi-unveils-serviced-apartments-in-al-furjan

Nakheel adds 252-room hotel to its Al Khail Avenue project in Dubai: http://www.thenational.ae/business/retail/nakheel-adds-252-room-hotel-to-its-al-khail-avenue-project-in-dubai

Nakheel adds new hotels at Dragon City, Ibn Battuta Mall: http://www.khaleejtimes.com/business/real-estate/nakheel-adds-new-hotels-at-dragon-city-ibn-battuta-mall

Unique floating homes set for Dubai launch: http://tradearabia.com/news/CONS_311770.html

Dubai Investments Park sees 100 new firms in past year: http://www.arabianbusiness.com/dubai-investments-park-sees-100-new-firms-in-past-year-640793.html