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Overseas Property News
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Dubai property prices surge 78%
Country: UAE
17 June 2008
Dubai property prices have appreciated by at least 78% over the past year, according to Colliers International.
Colliers Middle East CEO, John Davis, said: "Dubai has witnessed tremendous growth in the real estate sector over the last year, with an increase in the number of overseas homebuyers and investors."
According to a newly launched house price index in Dubai, residential property prices in Dubai rose by a staggering 42% between Q4 2007 and Q1 2008 alone.
The emirate has witnessed a property boom over the past six years, generated largely by the introduction of foreign ownership rights, while an influx of expatriates has forced up property prices, as developers have failed to keep pace with demand for property for sale in Dubai.
Some properties in UAE
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Price: £41,375 GBP
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Type: Apartment
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Bedrooms: 1
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· Ajman, UAE · Emirates City · Ajyaal Residence · Facing Emirates Road · 1 BR + Balcony
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Price: £162,772
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Type: Apartment
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Bedrooms: 1
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Elite Residence is destined to become one of the most exclusive and sought-after addresses in the Middle East, it is ideally located at the core of Dubai Marina, near significant city landmarks like Palm Jumeirah and the Mall of the Emirates.
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Price: £181,616
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Type: Apartment
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Bedrooms: 1
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Considered the tallest residential tower in the world, The Princess Tower is being constructed on a 37,410 square feet plot in the Marina area, known to be one of the most exclusive and prestigious areas in Dubai.
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View details | Enquire further
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Price: £264,880
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Type: Apartment
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Bedrooms: 1,2,3
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DUBAI GATE 2 JUMEIRAH LAKE TOWERS 1 BEDROOM PLUS DINING ROOM 18TH FLOOR FANTASTIC VIEWS
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View details | Enquire further
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Price: £271,881
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Type: Apartment
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Bedrooms: 2
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Elite Residence is destined to become one of the most exclusive and sought-after addresses in the Middle East, it is ideally located at the core of Dubai Marina, near significant city landmarks like Palm Jumeirah and the Mall of the Emirates.
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View details | Enquire further
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Price: £299,300
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Type: Apartment
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Bedrooms: 1
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· Project: The Fairways · Developer: EMAAR · Tower: T1 / West · Type: 1 BR · Suite area: 709 Sq ft
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Price: £435,654 GBP
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Type: Apartment
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Bedrooms: 3
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This luxurious 3 Bedroom apartment is a distress sale and is offered below market price. Located in one of the prime Towers in the most sought after location in Dubai – O2 Residence in Jumeirah Lake Towers<
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Price: £731,763
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Type: Apartment
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Bedrooms: 3
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Elite Residence is destined to become one of the most exclusive and sought-after addresses in the Middle East, it is ideally located at the core of Dubai Marina, near significant city landmarks like Palm Jumeirah and the Mall of the Emirates.
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View details | Enquire further
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Price: £125,600 Bedrooms: 3 Baths: 2 - 1 ensuite Kitchens with cupboards, hob/oven, fridge/freezer, washing machine, dishwasher. Pool, gardens, tennis courts.
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Prices from: €232,000 Bedrooms: 2, 3 & 4 Apartments & townhouses on Severiano Ballesteros designed Pont Royal Golf Course between Aix-en-Provence & Avignon.
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Price: £130,000 Bedrooms: 1 3% discount off list price. prices approx 10% below market value., Prague market growing at 20% pa.
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