UAE real estate prices showed monthly gains in April and May, suggesting that the property market is bottoming out, HSBC said on Sunday.

"Market data from April and May show a range of positive indicators: agreed property sale prices are rising, volumes are holding up well, and banks have loosened their lending criteria," said David Lepper, head of UAE equity research.

Residential prices for 'desirable' properties in Dubai rising

The prices of some properties in the most desirable areas of Dubai are starting to creep up, agents are reporting.

While real estate agents are always keen to project the positive side of the industry the current round of optimism does seem to be based on reality rather than mere boasting.

UAE Property prices on the rise again

Deutsche Bank, last month, reported an average price increase of 6.5 percent in 13 major locations in Dubai, compared to May. According to brokers, the trend has remained steady with villa prices in few areas of Dubai, increasing between 10 percent and 12 percent since May.

UAE property prices rise sharply

Property prices in some areas of the UAE have risen sharply in the last few months as investors regain their confidence and snap up bargains, brokers said on Tuesday, in the face of gloomy reports of further price falls.

Brokers said in parts of Dubai such as Palm Jumeirah prices have climbed up to 20 percent, while in Abu Dhabi prices in areas such as Al Reem Island have seen a 30 percent jump, UAE daily the National reported on Wednesday.

"People are less hesitant and are prepared to spend a bit of money," Gregory Antioch, a senior sales negotiator at the Dubai property broker Smith and Ken, was quoted as saying.

"It's mostly end-users realising it's cheaper to buy than rent. Distressed sales have pretty much gone."

Brokers said June was the third successive month of prices rises.

Those with property investment and property management interests in the UAE may welcome research from HSBC which shows that property prices are rising in the emirates.

The new Property Ladder study shows that there has been a marked growth in the UAE property sector, in part spurred by a relaxation of maximum loan-to-value (LTV) rates that have allowed more people to get on the housing ladder.

"Anecdotal evidence also suggests that foreign investors seem to be back in the market and there are bulk buyers of property for investment purposes," the report claimed.

In March, HSBC announced that it would be relaxing its lending criteria for those looking to invest in Dubai's property and elsewhere in the UAE, with the company now offering an LTV rate of up to 75 per cent on villas, 70 per cent on completed apartments and 50 per cent on off-plan property. "

Real estate market stabilising in Dubai

The property market in Dubai is stabilising and set for a rebound in 2011, according to the latest research.

A new report from international property consultants Jones Lang LaSalle shows that the volume of transactions has remained consistent in the first half of 2009 and the narrowing gap between asking and achieved prices is a further indication that the market is improving.

'The stabilisation of transactional volumes is an important indicator which reflects improved confidence among investors and the market beginning to stabilize.

Property prices rise in capital and Dubai

"After a fall of 30-40 per cent, the first signs of stabilisation in Dubai's property sector have appeared, taking observers by surprise since further declines were expected," said Philippe Dauba-Pantanacc, a senior economist at Standard Chartered Bank when speaking to The National

Property Value in the Emirates Set to Rise

"Dubai property experts project that property values in the emirate could be set to rise in the foreseeable future, thanks to increased demand for property in Dubai, and the introduction of less stringent mortgage lending conditions, according to Emirates Business 24/7."

Donald Trump interview with the Oxford Business Group.

Donald Trump's decision to invest in property in Dubai is a clear indication of the growth expected: "I am excited about Dubai's growth potential long into the future because Dubai is now becoming the gateway between Europe and Asia."-