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Houza adds 'gamechanger' yield calculator feature to portal


Houza adds gamechanger yield calculator feature to portal
DUBAI, February 18, 2021
UAE property portal houza.com has introduced a yield calculator feature to its search function, making it easier than ever for prospective investors to spot an opportunity.
 
The first-of-its-kind, consumer-facing tool allows landlords and investors to see what their potential yearly net return will be on a residential property, accounting for service charges, without even leaving the page, said a statement from Houza.
 
After launching its trends and transactions feature last month, this addition rounds off a hat-trick of firsts for the industry, from being the only portal to let consumers book a valuation with a property agent directly on the platform, to unlocking genuine transaction-level data. ....

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Property of the week: Dh4 million Parisian palace in the heart of Dubai


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There is no doubt that the UAE is home to some spectacular properties. From penthouse apartments to plush villas with sprawling gardens and incredible pools, it’s a real estate haven.
Each week,
The National showcases some of the best homes on offer in its Property of the Week. This week, we take a look at a custom-built Parisian-style home in Dubai.
The key details
A very unusual find – a totally renovated three-bedroom property, decorated in 19th-century Parisian style. The villa is set across 388 square metres, on a plot of almost 929 square metres
, located in the Green Community West, in the outskirts of the city in Dubai Investments Park ....

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Dubai's residential capital values down 13.8pc in December


DUBAI, January 14, 2021
The residential capital values in Dubai for December registered a 13.8 per cent drop compared to the previous year, standing at 65.3 points. It fell 0.1 per cent on month-on-month basis, thus clocking the lowest rate of decline in three years, according to leading UAE-based local consulting firm ValuStrat.
 
The citywide capital values of residential homes approached stabilisation, as the downward trend gradually came to a standstill, stated the top consultancy.
 
Stability and marginal improvements in capital values were observed in 90% of established villa communities as well as 63% of free-hold apartment areas, it added.
 
According to ValuStrat, the residential rental VPI in Dubai stood at 62.1 points, declining 2% quarterly ....

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