Category: in the Press

5 August 2015

Dubai property prices likely to fall 10-20 pct in 2015 -S&P

Dubai residential property prices are likely to fall 10 to 20 percent this year because of subdued demand, slower economic activity and downbeat investor sentiment, credit rating agency Standard & Poor’s said on Monday. “Slightly lesser demand will come from non-residents,” S&P said in a statement. “In early 2015, non-resident demand from Russia and other […]

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21 June 2015

Turkey house prices rise over 7 pct in May 2015

Prices of new houses in Turkey increased by 7.35 percent in May compared with the same month the previous year, according to a new house price index released on Saturday. New home prices in Turkey increased 0.76 percent in May from the previous month, according to a report prepared by Garanti Bank in collaboration with […]

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30 March 2015

New reports reveal Turkey’s most livable places

The cities of Istanbul, Ankara, İzmir and Muğla have been announced as Turkey’s most livable provinces, in terms of education level, welfare status and livability, according to the Socioeconomic Ratings (SED) report by REIDIN, a global business information services for real estate professionals. The study results show that Istanbul’s Etiler, Bebek, Arnavutköy and İstinye neighborhoods […]

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31 August 2014

Housing stock continues to rise amid slow sales, rising prices

Due to heightened political tension, high interest rates and sluggish markets, the constructor sector — once considered Turkey’s economic engine — is threatening to derail and is projected to have a level of stock sufficient for an entire year, even if no new homes are built, according to a report in the Taraf daily on […]

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20 July 2014

The Property Market: What you need to know

Dubai’s property market is a hot topic for discussion. We speak to Ahmet Kayhan, CEO of REIDIN, the leading real estate information company for emerging markets, to get the lowdown on the best places to live, and the cost of renting and buying across the emirate. Where are the cheapest places to rent and buy in […]

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8 July 2014

Moody’s charts Dubai’s dramatic recovery

A report by Moody’s on Emaar Properties, one of Dubai’s flagship property developers, includes a clutch of charts that show just how far the emirate has recovered from its 2009 crash and brush with bankruptcy. The rating agency reckons that Emaar’s domestic operations are growing briskly,l but points out that its international potential “remains unrealised”. […]

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13 May 2014

REIDIN: Office prices increases by 6.16 percent in Istanbul

According to the REIDIN Office Rent Price Index results, office rent prices increased by 6.16 percent in upper price segment and increased by 6.47 in lower price segment in the first quarter of 2014. Office leasing transactions continued to boom in the first quarter of 2014. Within the 19 office region, Esentepe remained being the […]

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13 March 2014

Dubai has some of world’s most expensive high-end flats

Dubai has been listed among the top 20 most expensive locations in the world for high-end rental apartments sought by expatriates, according to a new report. The emirate jumped 19 places to be ranked 16th in the 2014 list of most expensive locations for high-end three-bedroom rental apartments, ECA International, human resources consultants, said. In […]

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3 March 2014

Dubai residential property prices up 26pc

The residential property prices in Dubai witnessed solid growth, especially the housing market in January, which posted a 26.79 per cent year-on-year (y-o-y) growth, said a report. The Dubai Residential Property Sales Index for all residential increased by 6.4 points, from 251.8 to 258.2, thus representing an increase of 2.55 per cent month-on-month, according to […]

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24 February 2014

Forever blowing (housing) bubbles

If you would like to learn about the Turkish housing market, you should visit Upton Park in East London tomorrow, when English Premiere League club West Ham United will be playing Southampton. For those of you who do not live in the U.K., or cannot hop on a plane to London at whim, my column […]

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