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Online auctions to speed up real estate sales in Dubai

UAE-based Asteco Property Management today announced a new partnership with international real estate auction-marketing company, LFC International Real Estate Brokerage. As online auctions continue to...

RERA to allow homeowner associations to open bank accounts

Senior official from Dubai's Real Estate Regulatory Agency (RERA) said the authority will allow homeowners associations in Dubai to open bank accounts from September. Mohammed Khalifa...

Global house prices static in Q1 of 2012

Europe's woes hit global house prices The Knight Frank Global House Price Index recorded its weakest annual performance since the depths of the recession in...

New residential project launched on Palm Jumeirah, Dubai

Developer adds more living and leisure options to flagship master planned community Nakheel has announced a new waterside residential and leisure project for Palm Jumeirah:...

Rental income dreams fade; Nakheel outbeats investors

Not long ago, investing in real estate in Dubai was considered solid and sound as an investment in a gold mine. Forward thinking people...

Dubai is now sole owner of Atlantis

Atlantis The Palm, Dubai’s megaresort flagship has 1,537 rooms, a world class waterpark and 18 restaurants Atlantis, The Palm Dubai is a best performing assets...

Largest Dubai landlord wins second Owner Association property management contract

Global standards knowledge qualifies largest Dubai landlord to manage the Association of Silicon Boulevard Wasl properties LLC, the property management arm of wasl Asset Management...

Cash property investment yields reasonable income in Dubai

Recently, an anonymous 45 year old financial advisor purchased a two-bedroom apartment in Downtown Dubai. When he appeared at the closing, he brought a cheque...

Dubai property prices keep rising, another property firm says

Dubai property prices rose by up to 42 percent during the past year, with rentals up by as much as 23 percent, according to...

Increase in Sharjah Rents Decreased in Q3 of 2014

Rents in Sharjah continue to face upward pressure, particularly as the supply pipeline remains limited; however an affordability threshold may be nearing for the...

Emaar Properties records net operating profit of US$ 1.193 billion in...

Full-year revenue grows 33% to AED 13.661 billion (US$ 3.719 billion) Recurring revenue from shopping malls & retail and hospitality & leisure businesses in 2015...

New Al Gharbia development projects to be announced soon

Almost 600,000 square meters of industrial, tourism and real estate projects to be awarded at the upcoming event in May The Western Region Development Council...

Gate Village 11 development named ‘The Exchange’

Following the appointment of Khansaheb as the main contractor for the project in July 2016, concrete works of the substructure have been completed, with...
DAMAC Properties announced that the Cavalli Tower, its inaugural branded residential tower project in the UAE is on target for completion.

DAMAC’s Cavalli Tower Set to Redefine Luxury Living with Completion on...

Intricately designed 2- to 6-bedroom luxury, upper luxury, and super luxury duplexes to feature Cavalli’s signature style of vibrant prints and daring designs. DAMAC’s full...

Top Cities for Property Investors in 2013 – 2014

Market share of the world’s 25 top cities for property investors increased from 53% to 55% over the past twelve months

Abu Dhabi inflation rate at 3.02 in May

According to the May issue of the Monthly Consumer Price Index (CPI) Report issued by Statistics Centre - Abu Dhabi (SCAD), the year-over-year inflation...

Bloomberg Tradebook launches independent research initiatives

Bloomberg Tradebook, a leading global agency broker, today announced innovations in research access, transparency and service and an expanded team of independent research providers...

Global Consumer Confidence Increases One Point in Q3

Sixty-Two Percent of Global Respondents Say They Are in a Recession; Sixty-Nine Percent Are Changing Spending Habits to Save More Global consumer confidence increased one index...