ReleaseWire Connect

Bayut is the leading Dubai real estate portal that has its fair share of experts of the industry. In light of the recent news that has been pouring in on Dubai rentals, experts at Bayut have voiced their opinion on the performance of International City and how exactly the development can do better.

Bayut experts, specialized in Dubai real estate, discussed the performance highlights of rental sector in Dubai after the first quarter of 2012. The experts claim that Dubai rents are on the rise in a select few areas but the rise is apparent and noticeable. It is the right time to invest in Dubai real estate residential sector.

Since the demand of mortgage loans is rising in Dubai, many potential buyers are facing difficulties in figuring out their affordability. Bayut continues to help such borrowers through its handy ‘Mortgage Calculator’ tool which helps in accurate mortgage calculations. Borrowers just add the loan amount, loan period and interest rate to know about the accurate monthly mortgage instalments.

Bayut, which is the prime Dubai real estate website that is in operation in the UAE realty market as of today, has reported the initiation of Nakheel’s new project for Palm Jumeirah, which will be yet another jewel in its stack.

Sources have reported a substantial increase in the value of Dubai rentals. While the overall stats show a general rise in the rental value of Dubai property, this increase is not uniform and some areas are performing better than the others. Discovery Gardens is one project in Dubai that has gotten its share.

With the recent wave of boost experienced by the hotels industry in Abu Dhabi real estate, some effects of the betterment can also be evidently seen on hotels in Dubai real estate. Dubai property market may be struggling for the while but several high end areas including the hospitality industry has shown some healthy signs.

Knowing the fact that Dubai Marina is the most sought after destination in Dubai by the investors and tenants, Bayut is focusing to mould its operations according to the current demands of the realtors.

According to a report, the total office supply in Dubai is expected to rise to 70 million square foot by the end of 2012. However, Bayut experts claim that despite the supply in the market, the office vacancy level exceeds 40 percent. Therefore, it can be said that you can get a good office for your business at reasonable rates.

With the recent wave of boost experienced by the hotels industry in Abu Dhabi real estate, some effects of the betterment can also be evidently seen on hotels in Dubai real estate. Dubai property market may be struggling for the while but several high end areas including the hospitality industry has shown some healthy signs.

With the arrival of summers, just about everybody feels the importance of living in communities like Al Raha Beach. Bayut has received a fresh load of Al Raha Beach properties which have stirred some activity on the site.