Dubai, United Arab Emirates Residential sector drives real estate price increase in Q1 but recovery may face headwinds: 2020 Saudi Arabia Property Market Report • In Q1 2020, residential property prices rose 2.1% year-on-year, whilst commercial real estate declined 0.5% during the same period. • Some hotels have been transformed into quarantine centres to curb the spread of COVID-19, raising […]
Dubai, United Arab Emirates Fewer launches and a slowdown in handovers may help cushion prices: Cavendish Maxwell Q1 2020 UAE Property Market Report Apartment prices in Dubai declined 12% over the 12-month period from Q1 2019 to Q1 2020 whilst villa/townhouse prices were lower by 4% Average sales prices declined in Abu Dhabi’s major residential zones by 13.2% for apartments […]
Dubai, United Arab Emirates Cautious real estate recovery in 2019 presented opportunities for buyers, tenants: Oman Property Market Report by Cavendish Maxwell Between December 2018 and 2019, the total expat population in Oman recorded a year-on-year decline of 2.9%, in turn impacting property prices and rents. Oman’s retail sector is currently witnessing the rapid construction of new malls adding further […]
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