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Dubai real estate back in demand; prices to go up zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Dubai real estate back in demand; prices to go up khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
Dubai: Danube Properties is all set to sign off on three new projects in Dubai for a combined Dh1.5 billion, including an extensively re-designed residential community on Sheikh Mohammed Bin Zayed Road. “There’s no reason to hold back on launches – and offplan sales – forever,” said Atif Rahman, Director and Partner at the real estate arm of Danube Group. “It won’t make sense for developers to keep waiting for demand and supply to balance – sometimes it’s good to make things happen.” Over the last two years, developers in Dubai have been relatively quiet with launches, as worries grew that the thousands of new homes added will create an excess of supply and add to the price falls. This year, another 30,000 plus homes should be ready. ....