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Residential | Middle East


In the last year or so, geopolitical events including Brexit, the U.S. and French presidential elections, and several terrorist attacks throughout Europe, have resulted in the volatility in every type of investment vehicle, including residential real estate.


Prime residential rents in key locations around the world are struggling to achieve growth, up by just 0.5% in the 12 months to the end of March 2017, the latest published index shows.


Bernard-Henri Lévy, a French public intellectual has put on sale his US$7 million villa on the tip of the Moroccan city of Tangier


Hotel-style residential properties enjoy higher occupancy as transients descend on the World Expo host city.


Property prices and rents continue to fall moderately in Dubai with the latest analysis report projecting a further softening of the residential real estate markets in the months ahead.


According to international real estate consultancy Cluttons, weakening economic conditions, tapering off in demand for oil and gas, and an increase in real estate supply has led to increased pressure on the Bahrain real estate industry.


Demand in both the sales and rental property markets in Dubai continued to be weak in the first quarter of 2017, the latest research report shows.


"This house was conceived by two people with very different personalities," Nicolas Garzouzi remarks of the mountain retreat he shares with his wife, Michèle, and their two sons in the Lebanese ski resort of Faqra.


New rental contracts are being introduced in Dubai to make disputes less likely with officials also ready to crack down on unregistered real estate brokers in the sales and leasing markets.


Kerzner International, a leading international developer and operator of destination resorts and luxury hotels, in collaboration with Knight Frank, have launched The Royal Atlantis Residences in Dubai.


The residential real estate market in Dubai is showing signs of having bottomed out with the latest sales and price figures moving into positive territory in February.


Prices of property in Dubai were largely unchanged over the fourth quarter of 2016 with the market likely to be driven by owner occupiers and long term investors, according to the latest analysis report.


It is clear that the residential sales market in Dubai is still softening and the magnitude of declines has on average, intensified over the past six months, according to the latest analysis report.


A clean slate for the formerly debt-ridden property giant


According to international real estate consultancy Cluttons, the current 'wait and see' attitude that has been adopted by potential buyers in Abu Dhabi is a direct result of wider global economic trends, and economic uncertainty caused by the recent US presidential election.



Average property prices in Dubai are down by 4% compared with last year but the residential real estate market is expected to revive in 2017 driven by buyers wanting more affordable homes.


According to international real estate consultant Cluttons, Dubai's average residential property value is down 7.4% during the past twelve months, but rate of decline is expected to slow heading into 2017 before reaching a new base towards the end of next


The Abu Dhabi residential real estate market saw a slight slowdown in the first half of 2016, mainly due to the decrease in oil prices since the beginning of 2015, according to the latest analysis report.


Property, mortgage and land transactions in Dubai have been picking up with the latest data showing there were 15,500 transactions worth AED60.5 billion in the third quarter of 2016.