Latest News

Keeping you up to date with all the latest property news from the U.A.E.

Ocean View Real Estate closes after licence is revoked!

DUBAI: Award-winning real estate company Ocean View Real Estate is shutting down as its trade licence has been revoked and bank account frozen following a court order. The company’s CEO and founder Tim Boswell, who will wind up business this month, said the closure is... read more

Dubai property market unlikely to see boost from end to Iran sanctions

The lifting of sanctions will not lead to an immediate rush to invest in Dubai property, according to a new report released by Phidar Advisory.   They can afford annual rents of 72,000 dirhams ($19,600), says JLL, or could buy a property for aro... read more

Time to buy Dubai property is now

Any area, where there is infrastructure spending or is the subject of touristic attractions, such as the iconic new structures that are coming up around Dubai, will see the return of investment in terms of capital appreciation if bought now. Any area, where there is infrast... read more