Property Watch Magazine — Q1 2014

Property Watch Magazine — Q1 2014

Dubai Government continues its efforts to cool the real estate market and avoid a bubble; late 2013 the Authorities implemented two new measures to regulate the market. First a new mortgage cap for both Expats and UAE Nationals, second a 4% registration fee previously set at 2%.

During the first quarter of the year we observed a steady growth across the city in the sale transaction volume, strongest performance was recorded in Dubai Marina while Jumeirah Beach Residence shows as well positive figures, which are expected to grow in the coming months with the completion of The Beach Mall and Dubai Tram.

Download Property Watch Magazine Q1 2014

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