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FINANCIAL NEWS
Residential properties in Dubai drops by 5.1pct
01 Dec 2016
(MENAFN) The residential property prices in Dubai have plunged by 5.1 percent year-on-year in Oct, due to a steep fall in apartment and villa prices.
Moreover, the prices in the country rental market dropped by 0.8 points, from 97.3 to 96.5, which shows a decline of 0.79 percent in Oct 2016.
In addition, the apartment rental prices also recorded a decline last month down by 0.75 percent month-on-month and also fell by 4.6 percent yearly.
On the other hand, apartment sales prices posted a decline in the same month, down by 0.45 percent month-on-month and 0.4 percent year-on-year.
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
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04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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