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,...
Direct commercial property transaction volumes down in Q1 2012
Direct commercial property transaction volumes reach $75 billion in Q1 2012
Subdued global volumes recorded in Q1 2012 after strong 2011
Preliminary Q1 2012 volumes down...
Signature building sold in DIFC, Dubai
Significant interest within regional and international property buyers
One of the world's leading real estate investment and advisory firm today announced that it has advised...
Most overvalued property markets
Having analysed 21 established property markets worldwide, The Economist magazine has compiled a list of the most expensive home prices when compared against rents.
The...
Dubai Land Department to auction 80 homes in 2012
Dubai Land Department (DLD) expects to auction up to 80 properties in 2012. Banks taking actions to recoup losses from homeowners in mortgage defaults...
Biggest first-time property buyers in Dubai
‘New' money flowing into Dubai property market totalled 13.13 billion dirhams in 2011
Indians have topped the list of first-time property buyers in Dubai last...
The Real Estate Boom is back to Dubai
Nakheel sold 21 Palm Jumeirah townhouses in one day
Completion of Palma Residences expected by the end of 2013
Title deed on payment of 40%
Nakheel sold...
Dubai residential sales up in Q1 of 2012
Mortgage lenders are competing to offer the most attractive packages
The Lakes, the Springs and the Greens have all seen price gains from Q3 2011
The...
Where are the world’s wealthiest people buying homes?
Most of the world’s richest people are opting primarily to invest in established property markets rather than buy homes in emerging destinations, a new...
Real Madrid plans $1bn resort and theme park in UAE
Real Madrid have revealed plans to build a $1bn holiday resort in the United Arab Emirates that is due to open in January 2015....
World’s most expensive office market
Newly-released figures from Knight Frank show that London is no longer the location with the highest prime office rents in the world.
Hong Kong replaced...