Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Dubai Sports City hotspotfor buyers  Join our daily free Newsletter

MENAFN - Khaleej Times - 24/12/2013
No. of Ratings : 0
Add to Mixx!


(MENAFN - Khaleej Times) Whilst Dubai Marina, Downtown Dubai, Palm Jumeirah and Jumeirah Lake Towers remain firm favourites with buyers, Dubai Sports City's reputation as a property hotspot seems to soar, revealed propertyfinder.ae, the UAE's leading property portal.

From not figuring in the top 10 list last year, the community zoomed ahead to eighth position this quarter, the company recorded in its latest quarterly report compiling Q4 trends in home prices and rents based on listings and user behaviour on the website.

Michael Lahyani, CEO and Founder of properfinder.ae, said: "The broad recovery in the residential market is pushing up sale prices and rentals across most areas, including mid-market communities such as Dubailand, Jumeirah Village Circle and Dubai Sports City."

Renters also eem to be looking at more viable options given the rise in rents in more established villa communities, with Jumeirah Village Circle moving up to seventh spot this quarter from its 12th position in Q2. International City also saw a revival of sorts, earning a place in the top 10 list for the first time this year. In line with this trend, Arabian Ranches dropped four places from Q3 and Discovery Gardens moved up one spot this quarter.


"Dubai's property market has clearly rebounded with prices increasing by over 20 per cent this year even as new projects get launched every other week. Real estate demand is only likely to inch higher in the years leading to the Expo, so if you want to put your money into a home or office, these are the communities where owning and renting seem to make sense," added Lahyani.

 


Khaleej Times




  MENA News Headlines
 Mar 27 2017 - Kuwait- Al-Azmi declared season champion - Kandari, Ajmi winArab Times
(MENAFN - Arab Times) Mohammad Al-Azmi KUWAIT CITY, March 26: Basel Al-Sabah Racetracks alongside the Seventh Ring Road Sunday witnessed stiff competitions among seasoned participants of the 8th ...

 Mar 27 2017 - Kuwait- National Guard clinch titleArab Times
(MENAFN - Arab Times) The victorious National Guard soccer team celebrate KUWAIT CITY, March 26: The Football Team of National Guard emerged champions of the 2016- 2017 Ministries and Government ...

 Mar 27 2017 - Kuwait- HH Amir Cup Show Jumping Championship concludesArab Times
(MENAFN - Arab Times) Al-Qaoud the hero as Al Anaz, Al-Fuzeai, Al Awadhi rule team category Winners display their titles on the podium KUWAIT CITY, March 26: His Highness the Amir Cup Show ...

 Mar 27 2017 - OPEC, non-OPEC to look at extending crude oil 'output' cut by six monthsArab Times
(MENAFN - Arab Times) Kuwait oil minister says market may return to balance in Q3 Kuwait Minister of Oil Essam Al Marzouq during the Joint OPEC-Non-OPEC Ministerial Monitoring Committee meeting ...

 Mar 27 2017 - Badr Al Samaa Group opens its first venture in KuwaitArab Times
(MENAFN - Arab Times) Badr Al Samaa Group opens its first venture in Kuwait Photo from the opening ceremony of Badr Al Samaa Medical Centre in Farwaniya KUWAIT CITY, March 26: Badr Al Samaa ...

 Mar 27 2017 - Kuwait- Experts tackle GCC financing challenge in BahrainArab Times
(MENAFN - Arab Times) Over 600 delegates from 24 countries attend 6th annual GCC Financial Forum Panel discussion in progress at GCC Financial Forum 2017 KUWAIT CITY, March 26: The Bahrain ...

 Mar 27 2017 - Why you should not invest in IranArab Times
(MENAFN - Arab Times) Khalaf Ahmad Al Habtoor UAE Businessman IRAN'S President Hassan Rouhani is on a drive to attract foreign investment, which he believes is essential for economic health and ...

 Mar 27 2017 - Kuwait- Transfer of residenceArab Times
(MENAFN - Arab Times) I have a question regarding my residence transfer. I joined a company in November and they transferred my residence during my probation period there, within the probation ...

 Mar 27 2017 - Egyptian court jails 56 over migrant boat shipwreckArab Times
(MENAFN - Arab Times) File photo shows young Egyptians detained at a police station sleeping on the fl oor in Rosetta, Egypt, after being rescued from a boat capsized off the Mediterranean coast ...

 Mar 27 2017 - 15 people shot, 1 killed at Cincinnati nightclubArab Times
(MENAFN - Arab Times) Police operate at a crime scene outside the Cameo Nightclub after a reported fatal shooting on March 26, in Cincinnati. (Inset): A body is removed as police operate at a crime ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help