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DAMAC Properties to Facilitate Property Buying in Crypto

Leading luxury real estate developer DAMAC Properties has announced that the company is stepping up to serve the digital economy by facilitating the conversion to fiat, and the sale of the property to holders of Bitcoin and Ethereum. The decision comes from the DAMAC Group’s vision of leveraging technology to provide innovative solutions to evolved […]

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Dubai’s Prime Residential Values Surge By 59%

Prices in Dubai’s residential market continue to expand, with Prime residential prices, encompassing the Palm Jumeirah, Emirates Hills, and Jumeirah Bay Island, surging by 58.9% over the last 12 months, according to global real estate consultancy, Knight Frank. Overall, house prices in Dubai grew by 10.6% last year anProperty Prices rose by a further 2.6% […]

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Global Office Investment Facing Pressures; Strong Fundamentals to Help

The global office investment sector, similar to other types of real estate, is coming under some pressure from the macro-economic environment. However, strong fundamentals should keep investment yields largely stable in many key markets, including Paris, London, Sydney, Mumbai and Dubai, Savills says in its first Global Capital Markets Quarterly update. Edward Price, Associate Director […]

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