World markets are facing slump for quite a year now, but dubai market still didn’t get affected by much. The main reason for this is the buyers and investor trust on this sector. Because both are still making good profits. I acknowledge, it is not as profitable as in the past; But real estate agencies in dubai like for example Key One Real Estate Dubai based company are very hopeful of the good future. They thought after expo 2020 dubai market will again get back to its past glory.
One in five UAE residents were found to be paying a higher rent for the same property in the second quarter than 12 months previously, according to a new survey.
Negotiation in rent
The findings, based on responses from 1,347 residents collected by comparison site Yallacompare, appear to come in contrary to reports from real estate agents indicating tenants have been able to negotiate rent decreases during the current market slump.
Consultancy Asteco noted that tenants were “increasingly taking advantage of declining rents across the board” in the first quarter as rates fell across the country.
The firm recorded similar declines in rents in Dubai, reaching up to 16 per cent year-on-year, in the second quarter and indicated the trend would continue over the next three months.
Yallacompare said its survey showed 20.4 per cent of UAE residents were paying less in rent than they were 12 months ago, more than 40 per cent were paying the same as last year and 38.6 per cent were paying more.
For 9.9 per cent of those paying more it was because they moved to a larger more expensive property. However, of the 66.5 per cent of respondents still in the same home 30.8 per cent were paying more than last year – or 21 per cent of all respondents.
Demand for the short term rentals is expected to increase in Expo 2020 and the owners of apartment as well holiday homes companies can take benefits by offering their units as holiday homes instead of renting their apartment on annual basis.
“There’s clearly a discrepancy between the perceived wisdom that rents in the UAE are dropping and what people are actually seeing on the ground. The confusion arises from the sampling methods employed in surveys,” said Jonathan Rawling, CFO of yallacompare.
“Traditionally, real estate reports focus on the data found in new property listings. With this data, we can track price trends of newly listed properties. This is useful but the fact that the property in question is listed means that there has been a change in tenant.”
Of tenants who stayed in their current homes, just 19.8 per cent were found to have secured a lower rent than the previous year and 49.4 per cent were paying the same.
The majority that secured an increase (52 per cent) only saw a reduction of 5 per cent or less.
Rawling speculated that many tenants thought arguing over the rental … Read More
Traveling to tropical regions can bring quite a feel of freedom and exhilaration to someone. There are many reasons why we embark on these epic adventures. Sometimes it may be a trip of a life time and sometimes it may just be a fortunate yearly extravagant vacation. No matter what the reason it can be agreed that staying in luxury is the most accommodating way to go.
Waking up every morning to tropical blue and turquoise waters and experiencing a calming and warm ocean breeze can set a person’s soul at rest. Walking along the clean sandy beaches can bring about a sense of relaxation and oneness with nature. Many people do enjoy staying at vacation resorts because of the amenities offered but there are many reasons why a person would prefer to stay at a private villa instead.
When you opt for a resort vacation you are not truly alone. You are staying in a large complex with many other travelers. Sometimes the restaurants, pools, bars and beaches can become quite over crowded. In some cases, it can be downright uncomfortable and nearly impossible to find relaxation.
Resorts do come with the convenience of many things being in one central location. Many resorts have entertainment, several restaurants to select from, multiple bars, a few pools and 24/7 customer service for guests during their stay. What many people do not realize is that private villas can also offer a similar experience minus the crowds. When searching for a private vacation villa one can look online at https://www.exceptionalvillas.com/dominican-republic or they can consult with their trusted travel agent. The Dominican Republic and many other Caribbean islands offer the views and experiences that people are wanting for their tropical vacations.
When you book a private villa the sky truly is the limit. Some private villas come with chefs on site. The chef will prepare all of your meals and do all of the clean-up. If the villa does not come with one you will be able to acquire one for your stay if you wish. Villas can be located in more remote tropical locations or along the coast line. Many villas also come equipped with their own private beach and pool area. The advantage of staying at a villa is that you can have the space all to yourself. The entire home is yours to lounge about and relax. Maid service will still visit and clean up the space and a chef can still prepare you meals. You will find grounds people attending to the pool and lawn and you will be introduced to a local excursion professional that can book any day trips that you wish to participate in. Villas offer the flexibility of traveling with a large family. It is more comfortable then trying to acquire connecting rooms in a resort that can feel small and suffocating. The family can stroll freely around the villa and enjoy everything that the Caribbean has to offer. Always have information about cancellations or reschedules … Read More
The cost of flights and train fares are constantly going up especially during holiday seasons. For families and large groups, driving can often be one of the best ways to travel. Even so, it’s not especially fun to cram a bunch of people into a car or even a few cars and fortunately, it doesn’t have to be that way. There are several areas in England that can be thoroughly enjoyed by a road trip and many people really enjoy going that way in a comfortable minibus. Getting a minibus licence is fairly straightforward and many companies can help you with this, as well as offering Class 2 licences if needed. When you want to stay in the UK, then a minibus can be a great way to experience your holiday and may be enjoyed even more than with other choices.
Experience the Cotswolds
If you like quaint historic villages as well as endless meadows and rolling hills, the Cotswolds is among one of the holiday favourites for many families and couples. Anyone can easily drive there and enjoy lots of scenic beauty and it’s a fantastic place to explore when travelling in a minibus. When you arrive you can stop off at a village, go for a long walk and enjoy country living while still being only a short drive to the capital city.
Enjoy the Yorkshire Dales
Often referred to as God’s own country, the area is dramatic. It’s well known for its untouched greenery and it makes for a perfect place to get away from hectic city life and gives you a chance to really breathe some fresh air and relax. You can enjoy the flowing rivers and waterfalls along with wild landscapes and you can go on peaceful walks while enjoying the local farms and quaint villages. If you’ve never seen dry stone walling, this will be your chance and you’ll see just how much skill it takes.
See the Lake District
This is an area that has stunning views of the Lake District and this draws in lots of couples and families. The swimming there is divine and it has a lot of scenic hills as well as having a number of roads that allow you to enjoy a scenic drive through the lake district. There are also camping opportunities and specific sites that cater to those who want to really get away from it all and simply spend time sailing and swimming.
Visit Devon and Cornwall
If you want to go down south then this is where you could consider going as it has a bit warmer weather than other parts of the country and some spectacular sandy beaches. There are a wide number of tree varieties to see that don’t grow elsewhere because the area has a tropical climate. It’s also a great opportunity to visit fishing villages or to go cycling in the countryside.
Enjoy the Peak District
The name of this area gives you a good indication of what you can … Read More
When it comes to visiting Germany’s capital, you can be swamped by the scale of it and all its sights. How do you spend your time there? Do you tour the galleries and museums? Sit in the parks? Discover the Cold War history of West and East Germany? Luckily for you, we’ve found the top 5 things to do on your extended stay in Berlin.
Before you start making your plans for spending your free time, we recommend you get your accommodation sorted first. Serviced apartments are the way to experience any short or long term stay in Berlin. They offer all the comforts of home and come equipped with all the amenities you require for a relaxing and tranquil trip to the city. Check out all the serviced apartments in Berlin before you make your trip.
Now, back to business. Below you’ll find our top 5 picks:
How to spend your time in Berlin
Take a trip to Museum Island
If you love culture and history then this is where you should head off on the first day. Opened in 1830, the Museum Island gives the public access to educational and scientific knowledge that can develop their understanding.
Straight out of the Enlightenment, you’ll learn so much as you explore the five museums that shed so much light on many aspects of the German character. These include:
- Pergamonmuseum (Pergamon Museum)
- Neues Museum (New Museum)
- Alte Nationalgalerie (Old National Gallery)
- Altes Museum (Old Museum).
Most people think of the Berlin Wall or the Brandenburg Gate (we’re getting to those) when they arrive in Berlin but this is the hidden diamond in the city.
Visit the Berlin Wall
Once a symbol of oppression by the Soviet Union, the Berlin Wall is now a monument to those that failed to cross it and to a new Germany that is united without borders. While the vast majority was taken down, some sections still remain – most famously the East Side Gallery that was decorated by artists after its fall.
See the iconic “kiss” between former Soviet premier Brezhnev and SED Party Chairman Erich Honecker on one of the slabs or the graffiti that decorates it so deliciously. There are other sites in the city that are dedicated to the Berlin Wall, such as the Berlin Wall Memorial in Bernauer Strasse, the Berlin-Hohenschönhausen Memorial, a former Stasi remand prison, and the green Mauerpark.
No trip to Berlin is complete without observing and understanding a vital point in 20th century history, both for Germany, Europe and the world.
Spend a day at Berlin Zoo
One of the most visited zoos in Europe, Berlin Zoo is a huge attraction and is not to be missed. The zoo and aquarium cover 86.5 acres and contain 1,380 different species and over 20,200 animals. It is one of the most comprehensive collections in the world and will take you all day to explore.
Whatever your favourite animal is, you should be able to find it here buried within … Read More
When it comes to holidays, there is a world of opportunity waiting for you. Whatever the age of your child, you should consider trying something new. You might have always wanted to see the Northern Lights or escape to an island in the Indian Ocean. Holidays can also be a great way to make your child’s school curriculum come to life and help them learn.
The Northern Lights and Snow Safari
Taking a trip to Finnish Lapland is a great adventure and ideal for children aged 4 to 14. The Northern Lights are one of the greatest natural displays our planet has to offer. It is a completely free, multicoloured light show that is most common in the Arctic regions.
If you want to see these lights in their full glory, you will need to head north and to around 60 degrees latitude at least. Finnish Lapland is appealing to families for other reasons as well. You can easily combine the search for the Northern Lights with a snowmobile safari, a visit to a reindeer farm or go snowshoeing.
Sun, Sea and Sand
The Greek Islands are another great destination for a holiday and will be great for all children from babies to 18-year-olds. If you are bored of heading to other warm spots for the summer like Spain, France and Italy, you should take a trip to Greece. Greece has a great offering of sleepy villages, beautiful beaches, hearty food and amazing relics that will be universally appealing.
The last few years have been hard on Greek tourism. There was financial instability and then the eastern islands become the first port for thousands of refugees fleeing the war in Syria and Libya. This led to an 11% fall in tourists, but this can be good for you as there are now a lot of good deals to be had in the country.
If you want to relax for your holiday, you should head to St David’s which is ideal for children aged 1 to 8. Pembrokeshire is one of the best places for a family to head because of the attractions that keep the children occupied and the St Davids holiday cottages just off the coast. The coast surrounding St David’s will vie for your children’s attention with the incredible wildlife that they can find.
Many people do not realise that the area can be an entirely new environment that their children will love exploring. While this might seem like the least exotic feature on a bucket list, it can do a lot of change your family dynamics.
Live Ancient History
Ancient history is best appreciated in Sicily, Rome and Naples. These destinations will be best for older children aged 7 to 12. If you have a child that is a reluctant classicist, there is nothing like a trip to the source to change their mind.