Core Savills’ David Godchaux on the state of the UAE real estate market
Although the common perception is that the prime market has seen a lot of supply coming in over the last…
Property & Real Estate
2485 articles found
Blockade dents Dubai’s brand image
Dubai’s credibility as a unique investment destination is under serious question. Qatari investors, who have put huge money in Dubai’s…
Emirates REIT acquires European Business Centre for $35.42mln
Emirates REIT on Wednesday announced that it has signed the acquisition of the European Business Centre (EBC) in Dubai Investments…
Dubai real estate market sets the pace for renewed growth in the GCC
The hottest real estate market in the Gulf is holding up gains from the last half of 2016, records from…
Kuwait’s real estate market liquidity up 7% in July
Kuwait’s real estate market liquidity rose 7 percent in July to 190.2 million dinars (SR2.36 billion) from 177.7 dinars a…
New permit strategy to boost realty sector
The new strategy for issuing building permits in Dubai is expected to benefit both developers and investors in the emirate’s…
Indian buyers overtake Arabs as biggest investors in prime London property
Indian buyers have overtaken those from the Middle East to become the second-largest purchasers of prime Central London property, as…
Saudi to resume building mega $3.5bn Abraj Kudai hotel in Makkah
Saudi Arabia is set to restart work on one of the world’s largest hotel projects, the $3.5bn Abraj Kudai in…
Dubai's Union Properties reports $624 mln loss
Shares in Dubai-based real estate developer Union Properties plunged on Tuesday after it said provisions taken to cover accounting errors…
Emaar Properties H1 net profit jumps 15pc to $772m
Dubai-based Emaar Properties recorded a growth in net profit of 15 per cent to Dh2.837 billion ($772 million) during the…
Warba Bank acquires ‘Ultris’ beach apartments in Virginia
Warba bank continues to reinforce its strategy which primarily aims to position the Bank as the Islamic corporate and investment…
Dubai office rents: Landlords offer great incentives in slow market
Following the subdued results at the start of the year, Dubai’s office sector continued to display little momentum in the…