News Archive: house prices

29, 2010 October:

Abu Dhabi launches new price index

Residential property prices in Abu Dhabi have fallen by 15% in the first three quarters of 2010 compared to the same period last year, according to a new property index being launched in the emirate...

26, 2010 July:

'Flat prices' across Northern Emirates

A real estate recovery is still some way off across the Northern Emirates with apartment rentals flat, prices down by up to eight per cent and villa prices down on average by 12 per cent, the latest figures show... website, www.goop.com...

29, 2010 March:

Valuation standards needed in Gulf

More professional property valuation standards are needed if confidence is to return to real estate markets in the Gulf region, it is claimed...

18, 2010 February:

UAE inflation at 9-year low

Falling property prices pulled the inflation rate down to a nine-year low last year, Government figures show...

04, 2010 January:

Abu Dhabi: prices stable

Property prices in Abu Dhabi remain stable but only a small number of investors are currently active in the market and many are waiting for completion dates for 2010 before committing, it is claimed...

22, 2009 December:

Dubai ‘delaying UAE recovery'

The recent chain of events in Dubai could delay the recovery for the United Arab Emirates real estate sector and put renewed downward pressure on property prices and rentals, it is claimed...

25, 2009 November:

Abu Dhabi blooming

Abu Dhabi property developer Bloom Properties is the latest in a long line of international housebuilders to announce plans to launch a multibillion pound property project in Iraq - a report in today's UAE daily the National said that the property developer, which is the real estate arm of National Holding, is in talks with top officials in Iraq over a proposal to build a £10.9bn property scheme called Al Madeena Al Jadeeda City in the Shi'ite holy city of Karbala...

09, 2009 November:

Abu Dhabi: what's next?

Property sales in Abu Dhabi are expected to remain weak for the remainder of 2009, but are likely to stabilise during 2010, according to the latest report - rents in the emirate are also falling and landlords will need to adopt a more flexible approach to stay competitive, the report from consultants CB Richard Ellis says...

26, 2009 June:

More hope for global markets

There were more signs of improvement for property markets around the world this morning, after the Organisation for Economic Cooperation and Development (OECD) optimistically projected that the world recession was "nearing the bottom" following a sharp decline in the six months to March...

11, 2009 June:

UAE price rise?

UAE property prices rose in April and May, according to HSBC...

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