International Property Investment » dubai property crash http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Thu, 19 Nov 2009 10:06:03 +0000 en hourly 1 admin admin International Property Investment Blog No No Rental property in Dubai continues to grow http://internationalpropertyinvestment.com/rental-property-in-dubai-continues-to-grow http://internationalpropertyinvestment.com/rental-property-in-dubai-continues-to-grow#comments Fri, 08 May 2009 10:50:02 +0000 Mark Knowles
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http://internationalpropertyinvestment.com/?p=2458 The amount of property for sale in Dubai is now having a strong effect of rental yields. Unable to sell, many owners are putting their property on the market as a rental unit instead. This is having a marked effect on rents. RERA (The Real Estate Regulatory Authority) published its new guidelines, showing a 50% fall in rents in certain areas of Dubai and Landmark’s report this month shows a further 30% fall in Palm Jumeirah and recommends even cheaper rents than RERA’s.  This is good news for prospective tenants, and suggests we still have some way to go before Dubai’s property crash bottoms out.

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]]> http://internationalpropertyinvestment.com/rental-property-in-dubai-continues-to-grow/feed 0 Abu Dhabi steps in to prevent complete meltdown in Dubai and The Atlantis is Empty http://internationalpropertyinvestment.com/abu-dhabi-steps-in-to-prevent-complete-meltdown-in-dubai-atlantis-hotel-empty http://internationalpropertyinvestment.com/abu-dhabi-steps-in-to-prevent-complete-meltdown-in-dubai-atlantis-hotel-empty#comments Sun, 23 Nov 2008 17:26:48 +0000 Mark Knowles
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http://internationalpropertyinvestment.com/?p=1073 Dubai’s property prices are falling like the proverbial rock and the government of Abu Dhabi has stepped in, in an effort to prevent a complete meltdown in Dubai’s property market. Dubai’s two largest mortgage lenders, Tamweel and Amlak Finance have reached the point where they are unteneble and Abu Dhabi’s state owned “Real Estate Bank,” will take over both lenders.

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