PROPERTY DUBAI NEWS
Property / Real Estate
Average sale prices of luxury villas on Dubaiís Palm Jumeirah, a beach-front development, are now twice costlier than Arabian Ranches, a golf community, says a new report released on Sunday. | 2015-03-09
Non-European ultra high net worth (UHNW) individuals - those with $30 million or above in assets Ė are investing in Dubaiís luxury property market, according to a Wealth-X and Sotheby's International Realty.
Housing rents in Dubai could post a significant decline from 2016 onwards, as thousands of new apartments and villas will be completed this year, according to a real estate company.