Dubai Blog

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Published  3 months

Lemon Tree Hotels will initially focus on having a presence in Dubai and Abu Dhabi, with areas of interest including Jebel Ali, Jumeirah Lake Towers, Business Bay, Yas Island, Reem Island and Saadiyat Island, according to Sanjay Chimnani, Managing Director of Raine & Horne in Dubai. http://gulfn...

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Published  about 1 month

“Dubai receives a large number of visitors from Saudi Arabia, the UK, Europe, India, etc, who come here for four to eight weeks,” says Sanjay Chimnani, managing director of Raine and Horne Dubai. “They look for a house as they are based out of Dubai, but will not stay more than eight weeks in a y...

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Published  8 months

Sanjay Chimnani, managing director of Raine & Horne Dubai, said Dubai rents in the category of Dh170,000+ have been seeing the biggest drops in the past 18 months while the market below Dh80,000 has not seen much movement. "We believe there may be some more correction till the last quarter of 201...

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Published  8 months

"This is clearly a buyers' market. Hence, sellers have to make realistic offers. Only these properties are moving. The difference between asking price and settlement is now about seven to 10 per cent. In a sellers' market, this range widens to 12 to 15 per cent," explains Sanjay Chimnani, managin...

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Published  8 months

An operator typically retains 25 per cent of the revenue as a service fee, says Sanjay Chimnani, managing director of Raine & Horne, a real estate firm that also operates holiday homes. http://gulfnews.com/business/property/tenants-not-just-landlords-can-now-rent-out-their-homes-1.2009051

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Published  9 months

"For $1 million, we can buy a full range of properties, starting from luxury apartments of three+ bedroooms in Dubai's premium areas such as Palm Jumeirah, Dubai Marina, Downtown, Dubai Harbour Creek and Citywalk. In the townhouse/villa segment, we can get decent off-plan properties in Dubai Hill...

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Published  10 months

"First-time buyers would get a big boost if the Central Bank were to relax the initial equity required to 10 per cent from the current 25 per cent. There cannot be a better incentive for people to make the UAE their long-term home if they are invested in their primary residence," says Sanjay Chim...

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Published  10 months

Ms Shine said Raine & Horne Holiday Homes will seek to collaborate with the likes of Austrade and Victoria Invest, as we are the only Australian company in Dubai offering vacation rentals. http://www1.renodi.com/more.php?nid=26163&dl=http://www.propertyobserver.com.au/finding/commercial-investme...

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Published  10 months

Ms Shine said: “Raine & Horne Holiday Homes will seek to collaborate with the likes of Austrade and Victoria Invest, as we are the only Australian company in Dubai offering vacation rentals. http://eliteagent.com.au/raine-horne-holiday-homes-dubai/

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Published  10 months

Ms Shine said Raine & Horne Holiday Homes will seek to collaborate with the likes of Austrade and Victoria Invest, as we are the only Australian company in Dubai offering vacation rentals. http://www.khaleejtimes.com/business/real-estate/buy-that-dubai-home-right-now

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Published  12 months

"We think there was a fair correction in rents in 2016, especially in high-end residential real estate. Things look stabilised now and there is not much supply that is likely to hit the market in the high-end residential space. Budget housing has enjoyed continued strong demand throughout 2016. R...

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Published  over 1 year

Sanjay Chimnani, Managing Director of Raine& Horne Dubai commented: “There’s a big need for the quality affordable or midscale segment hotels and serviced apartments, and they are key to the development of the region and its objective of having 20 million visitor arrivals by 2020.  There is alrea...

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