Add listing Log in

Dubai housing market activity remains low

29.11.2011
Homesoverseas.ru editorial office
33
The activity of the housing market in Dubai remains low second quarter in a row, according to the online source Property Wire . Experts expect further market decline of real estate emirate because of the crisis in the euro zone and the uncertain US economic outlook. According to the latest According to the company CBRE for the third quarter of this year, the total number of residential real estate transactions amounted to 1459 compared with 2649 for the same period last year. According to the report, in the third quarter of 2011, rental rates for apartments and villas declined slightly. On average, rents for apartments fell by 1% compared with the previous quarter and year on year rate has fallen by about 19%. The demand for houses, especially the elite, continues to exceed demand for apartments. HomesOverseas.ru
All news by this country
All news
RSS feed
Discussion
Subscribe to Homesoverseas newsletters with new listings
Enter your e-mail:
from 595 446 €
2 bedrooms
build area 103 sq. m
pool
sea/ocean view
air conditioning
furniture
seller: Royal Home Real Estate
460 990 €
1 bedroom
build area 120 sq. m
pool
household appliances
sea/ocean view
garage
seller: Royal Home Real Estate
from 390 000 €
1 bedroom
build area 42 sq. m
pool
household appliances
air conditioning
furniture
seller: Royal Home Real Estate