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Dubai property prices fall by 11% in 2015

Dubai property prices fall by 11% in 2015

Leading real estate consultancy Asteco has released its latest Dubai report, providing an historic review of last year and 2016 outlook, with affordable communities leading the way in terms of rental demand and investor opportunity against a scenario of significant oversupply looming in the high-end and luxury segments.

MUMBAI’S NEW ULTRA-EXLCUSIVE RESIDENCE

MUMBAI’S NEW ULTRA-EXLCUSIVE RESIDENCE

India’s first Picasso painting will be housed at what will be Mumbai’s most exclusive residential address once Lodha Altamount welcomes its first residents in 2017. And with India’s new pro-business government, investment in Indian realty is a promising opportunity, experts claim.

MIAMI’S METAMORPHOSIS

ART BASEL COMES TO MIAMI

With 25 percent of its people now employed in the creative economy, Art Basel Miami is testament to Miami’s reinvention as a centre of art and technology.

LUXURY REFUGE ON EGYPT’S RED SEA SHORE

LUXURY REFUGE ON EGYPT’S RED SEA SHORE

Being one of Egypt’s most popular tourist regions, the Red Sea area is not short of holiday resorts that cater to various tastes and budgets. Whilst just 20 years ago it was mainly local fishermen who inhabited the Red Sea coastline, development in the region has fast forwarded over the past decade, especially in and around Sharm El-Sheikh, which has long lost is charm as an idyllic fishing village.

BOOST FOR BAHRAIN RETAIL

BOOST FOR BAHRAIN RETAIL

Recognised by the World Bank as a high-income economy, Bahrain has seen stable development of its real estate market over recent years with the domination of the retail sector that witnessed several significant openings and new development announcements in 2015.