Villa prices go up as high as 10 3% in Dubai s prime areas - News khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
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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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
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