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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:...

Explore the amazing Dubai Safari project

Dubai Safari project was launched two days ago by Dubai Municipality. It will be located in Al Warqa 5 in Aweer Road in an...

World’s key cities property index turns negative

The Knight Frank Prime Global Cities Index recorded its first quarterly fall since 2009, with the average value of prime property in the world’s...

Old Town Dubai rents stable, plenty of availability

Rents in Dubai remain the same as in 2011 Growing supply of residential units Despite the general optimism regarding the uplifting of  Dubai's rental market, a...

Smart Choice: Rent a furnished apartment in Dubai

Living in a furnished apartment may come cheaper than renting unfurnished one independently  Furnished apartment buildings in Dubai are plenty due to the transit lifestyle...

Dubai’s office market remains competitive

The office sector in Dubai remains highly competitive despite a high levels of supply. It reached nearly 60m sq ft, with an additional 10m...

Emaar approaches contractors for two projects in Dubai

Emaar has announced plans to launch new projects in Dubai this year Emaar Properties PJSC plans to start and restart building two residential developments in...

Employment and Salary Trends in the Gulf 2012

UAE salaries expected to rise by an average of 5.1% in 2012 After releasing its latest research report on salary trends in April, Gulf...

Abu Dhabi’s first private auction house to be largest in the...

Al Nowais Group and Jones Lang LaSalle MENA launch JLL Auctions Joint Venture Partnership will create first industrial auctioneers acting under a private license within...

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...

Abu Dhabi to resume projects on hold

Major developers Aldar and Sorouh post improved profits for year end New terminal in Abu Dhabi International Airport to open in 2016 Major developers Aldar and...

Dubai is world’s second top hot spot for international retail

2012 edition of How Global is the Business of Retail CBRE survey on global retail expansion revealed that Dubai ranked second most targeted city by...

Dubai hotel market demonstrates robust growth

Dubai hotel occupancy rates in February 2012 standing at 86% on a city-wide basis RevPAR levels showed strong 15% growth over the same period of...

Prime plot of land on Palm Jumeirah sold for AED 87...

60,000 sqft plot on Palm Jumeirah Pointe, opposite Atlantis bought for AED 1,450 per sq ft Nakheel has sold a prime plot of land on...

Lease-to-own programme launched for Saadiyat Island apartments

The Tourism Development '&' Investment Company launched a competitive lease-to-own payment programme for the exclusive apartments, which form part of The Residences at The...

Additional 28,000 residential units to enter Dubai property market in 2012

Approximately 28,000 additional residential units are currently scheduled for completion in 2012, according to Jones Lang LaSalle. This figure would represent an 8% increase...

Dubai Real Estate Market Overview – Q1 2012

Latest research report by  Jones Lang LaSalle called ‘Dubai Real Estate Market Overview – Q1 2012’ covers the current developments within the Dubai office, residential,...

Value-packed mortgages for resident expats

Interest rates starting from 4.49 per cent (with fixed rate pricing options for up to 7 years) Up to 85 per cent financing Includes free life,...