Last plot of land in Dubai's JBR to get $272m luxury tower
Dubai Properties on Sunday awarded the main construction contract for the $272 million (AED1 billion) 1/JBR, a 46-storey luxury tower…
Property & Real Estate
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Sobha announces special offer for UAE investors
Sobha Group, a leading premium real estate developer, has announced an exclusive offer for Emirati nationals who are investing in…
Global acquires the fourth property in the UK
With over 70 per cent of rental income being derived from the UK Government under triple net leases that are…
Equitativa, Al Hamra and National Bonds launch the UAE’s first Residential REIT
Equitativa (AD) Limited has launched The Residential REIT (IC) Limited, one of the first Shari'ah compliant residential Real Estate Investment…
Pound’s Slump on Brexit Tempts Middle Eastern Property Buyers
Brexit put the brakes on U.K. commercial property investment for most overseas buyers. For those from the Middle East,…
Riviera Group launches Dh125 million La Riviera Apartments in Dubai
Property developer Riviera Group has launched a 22-storey apartment block in Jumeirah Village Circle worth Dh125 million. La Riviera…
London property remains in demand even as bankers head for exit
Appetite for prime commercial property in London from Gulf investors remains strong despite concerns about Brexit and the potential relocation…
Eshraq focuses on Abu Dhabi and Dubai projects as construction starts
Eshraq Properties says it is pressing ahead with long-delayed projects in Dubai and Abu Dhabi. The Abu Dhabi listed…
Dubai and Abu Dhabi named as favoured locations by world’s wealthiest homebuyers
Wealth-X, in collaboration with Warburg Realty and Barnes International Realty, has released the first edition of the "Global Property Handbook"…
Emirates Real Estate Fund secures $190m finance
Emirates Real Estate Fund (EREF) has agreed a $190.6 million (Dh700 million) Shari’a compliant finance facility with Emirates NBD, on…
Biggest Saudi Real-Estate Developer Mulls Expansion, Sukuk Sale
Jabal Omar Development, Saudi Arabia’s biggest real-estate developer, is weighing plans to expand beyond its flagship projects in Mecca and…
Dubai Home Prices Set for Another Year of Decline, CBRE Says
Dubai home prices are set for another year of decline with supply outstripping demand even as developers delay the completion…