News Archive: property markets: 2012

16, 2012 May:

Dubai villa rents rise for first time since 2009

Dubai villas recorded their first rise in rents since 2009, according to CBRE.

11, 2012 May:

Top 6 underwater homes

Dubai caused a splash this month when the emirate launched plans for an underwater hotel. But while the building's ambitious design has won waves of followers across the globe, Dubai's submerged development is not the world's first water-logged resort. And so TheMoveChannel.com straps on its scuba gear to dive into the depths of the real estate market and bring up the world's top underwater homes.

30, 2012 April:

Dubai plans to limit off-plan sales

The Dubai Land Department is planning to restrict the sales of off-plan properties.

11, 2012 April:

Dubai Land Department lines up foreclosure auctions

Up to 80 foreclosed properties are lined up for sale this year, the Dubai Land Department has announced.

04, 2012 April:

Rental growth recorded for Dubai property

Rents for residential property in Dubai climbed by one per cent in the first quarter of 2012, in comparison to the final three months of 2011.

03, 2012 April:

Residential property market in Dubai sees stability and growth in some locations

Residential sales transactions saw a natural increase in January and February 2012 as mortgage lenders compete to offer the most attractive packages, according to the latest real estate report from Cluttons.

Downturn for property rents in Abu Dhabi as market is flooded with new supply

Residential property rental rates in Abu Dhabi fell by 5% in the first quarter of 2012 as a wave of new supply began to hit the market, according to the latest real estate report from Asteco.

21, 2012 February:

House-hunters look to UAE to avoid Eurozone

British house-buyers looking to invest abroad are increasingly willing to move outside of Europe, according to research from PrimeLocation.com.

07, 2012 February:

No upturn in 2012 as UAE market continues to decline

Housing analysts in the UAE reported this week that the housing market there will continue to decline as the region goes on suffering from too much supply.

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