Dubai Property Prices down 27% and Rentals down 9%
April 23, 2019
It would appear that Dubai is suffering in its real estate sector with property prices down 27% and rentals down 9% quoted in a report released by the Gulf Business website. The article concentrates on prices between now and back to the market peaks of mid 2014 – Prices in Q1 2019 fell 12.5% year on year and 3.2% quarter on quarter (figures by ValuStrat Price Index).
Haider Tuaima, head of Real Estate Research at ValuStrat, was quoted as saying: “As capital values softened by an average of 1 per cent per month for the last 16 months, a six-month streak in buying activity has been observed for both off-plan and ready homes… ”
You May Also Enjoy
First-Time Buyers: Why 4–5 Houses is the Sweet Spot
House hunting before the stress kicks in: Four to five houses is the sweet spot for first-time buyers Just 20% of us feel excited on a first property viewing, rising to 47% by viewings 4 to 5 There’s a U shape trajectory of excitement when it comes to the viewing process However, there is a…
Read More 
Two in five mortgage holders switched banks for a better mortgage deal
Of those who have a mortgage and switched banks, 41% did so to get a better mortgage rate deal and 30% did it to receive an incentive related to their mortgage Only 15% of people moving home switched their bank account during the move, while far more switched broadband (46%), energy (38%), and mobile phones…
Read More 
Housing market trends highlight a changing landscape
The housing market has seen many challenges across the year to date and, in many ways, the property landscape has been a year of two extremes already. At the start of the year, there was a quiet but optimistic consumer confidence in the air. However, with the global economy impacting almost every aspect…
Read More 
Breaking Property News 7/9/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Privera uses Silex to provide its employees with a shared platform for source-based research Silex, the Swiss AI platform for legal research and productivity, today announced that Privera has selected and deployed Silex to support legal research and knowledge workflows across its nationwide real estate…
Read More
Mortgage rate rises loom as major lenders reprice
Major lenders have moved to increase mortgage rates to catch up with recent rises to swap rates, according to Moneyfactscompare.co.uk analysis. Over the coming days, more lenders are expected to review mortgage rates in response to higher swap rates, with HSBC and NatWest so far the biggest banks to increase rates since the start…
Read More 
Average house price edged down in August
House prices in August 2026 were -0.4% lower compared to the same month a year earlier. Average house price edged down in August as market remains subdued • House prices fell slightly in August ( -0.2%), following a -0.1% decrease in July • Average property price now £298,468 compared with £299,153 in July •…
Read More