Tag Archives: apartments

Property prices still falling in Dubai and likely to continue downward

Residential property prices in Dubai continued to drop in the third quarter of the year and further declines are expected, according to the latest research note. Apartment lease rates fell by 3.4% and sale prices declined 4.1%, while lease rates for villa fell 1.8% and sales were down 4.8%, the data from the Phidar House […] The post Property prices still falling in Dubai and likely to continue downward appeared first on PropertyWire . Continue reading

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Vienna property market attracting interest from global buyers due to attractive yields

The Austrian capital of Vienna may not be the obvious locations for property investment but new research suggests it is attracting a new type of buyer particularly interested in the pied-a-terre market. The interest from real estate investors is due to attractive yields on offer in key up and coming districts in the city which […] The post Vienna property market attracting interest from global buyers due to attractive yields appeared first on PropertyWire . Continue reading

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Rents in Dubai fell less than expected due to developers holding back

Rents in Dubai have fallen less than expected as developers slowed the pace of project completions and hand overs due to a projected oversupply, according to a new analysis report. As a result apartment rents have fallen by 2% on average and villa rents by less than 1% since the beginning of the year yet […] The post Rents in Dubai fell less than expected due to developers holding back appeared first on PropertyWire . Continue reading

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