UAE Property Specialist Group Confirms Success in New Markets
elysian Group - a group of companies headquartered in Dubai in the United Arab Emirates (UAE) which provide property and finance-related services - has confirmed encouraging results since introducing new international properties into the company’s property portfolio.
The group, which has traditionally specialised in the UAE property market, decided to expand into other property markets around the world in response to increasing client demand for geographical diversification. The decision to branch out into new global markets was also i
Elysian speak to Emirates Business about property in Dubai
Date 20 August 2009
Emirates Business 24-7, Brokerage firms in the UAE have recorded significant declines in revenues in the past 12 months owing to the slowdown.
Emirates Business 24-7, 20 August 2009 Brokerage firms in the UAE have recorded significant declines in revenues in the past 12 months owing to the slowdown in the real estate sector, with losses running into high double-digits, real estate brokerage companies told Emirates Business.
Elysian Real Estate, a Dubai-based brokerage firm, said there was a 60 per
Are high housing prices so last year? Asks the Emirates Economist
There is a sizeable increase in the number of property owners in an urgent state to sell," Robert Macnair, sales director of Dubai-based Elysian Real Estate, told Reuters on Thursday.
Global Property Guide cut its long-term investment rating on Dubai residential property on Wednesday from neutral to negative due to the drop in gross rental yields from last year.
"Gross yields are now an average of 5.5 percent, significantly down from an average of 7.5 percent a year ago ... At these levels, Dubai is less attractive than i
