Press Releases from Asteco property Management (3 total)
Springs villa prices up 25% seen as 'safe haven' in Dubai property market
Asking prices for two- and three-bedroom villas in the Springs community have shot up by as much as 25 per cent since the beginning of the year to date, according to real estate agents.
Data shared by PropSquare Real Estate, a realty agency, points to a massive jump of 25 per cent in prices of two-bedroom (type 4M) villas from Dh1 million to Dh1.25 million, while three-bed (type 3M) villas are…
Owners say property price is still 50% of buying rate
Majority of homeowners in Dubai are still suffering from the real estate recession that started in 2008. According to them, the dip in the price of the property is too high for them to offload it at their current value.
According to an 'Emirates24|7' poll 81 per cent respondents think their property in Dubai is still in negative equity. More than half (55 per cent) of participants said their property is…
Quality Dubai property steady again for third consecutive quarter
The Dubai property market was steady again for quality buildings in established locations for the third consecutive quarter of 2011. Sales prices
The Dubai property market was steady again for quality buildings in established locations for the third consecutive quarter of 2011. Sales prices and rents for villas were stable with only minor declines for apartment rents and sales prices of 1 and 4% respectively, while the office market witnessed slight…
