Skip to main content

Dubai Villa Prices Fall to Lowest Point in a Decade

Dubai house prices plummeted to their lowest levels in over a decade last quarter, according to new data from U.A.E.-based property firm Cavendish Maxwell. The average single-family home price sunk 24% over the past year to AED1.82 million (US$495,500), a level not seen in over 11 years despite a global recession and regional economic meltdowns over the past decade, according to data on website Property Monitor.
Labels:

Comments

Post a Comment

Popular posts from this blog

The United States' largest reservoir is draining rapidly

Lake Mead, a Colorado River reservoir just east of Las Vegas on the Nevada-Arizona border, is poised to become the focal point of one of the country's most significant climate crises: water shortages in the West. Millions of people will be affected in the coming years and decades by the Colorado River shortage alone, researchers say, with some being forced to make painful water cuts.
Post a Comment
Read more

Full-Floor Penthouse at the Ritz-Carlton Residences in Sunny Isles Beach, Florida, Sells for $21 Million

A full-floor penthouse at the Ritz-Carlton Residences in Sunny Isles Beach, Florida, has sold for $21 million, the developers announced Thursday. Spanning the entire 51st floor at the 52-story condominium tower, the penthouse has 7,760 square feet of interior space, including four bedrooms and staff quarters, six-and-a-half bathrooms, a great room, a living room, a family room, an expansive kitchen with views, a gym, a home theater and a den, according to developers Fortune International Group and Château Group. “It features 13-foot ceilings and 360-degree views of the entire coastline and downtown Miami,” said Edgardo Defortuna, chief executive officer and president of Fortune International Group.
Post a Comment
Read more

Malaysia's New PM Ismail Sabri Yaakob

Former Prime Minister Muhyiddin Yassin loses majority support in parliament. Malaysia announces the new prime minister Ismail Sabri Yaakob . He is a well educated layer and done a great job as a head of various government positions, gets a huge respect and support from people.
Post a Comment
Read more