Israeli firm to sell HSBC Tower in New York for $855mln
Israel's Property and Building Corp PTBL.TA said on Sunday it agreed to sell the HSBC Tower building in midtown Manhattan…
Property & Real Estate
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'Year of the Fiftieth' sees Dubai house prices jump 21%
Villa values up 14% since start of COVID-19 pandemic Total transaction volumes slip to AED 11.2bn in October Dubai’s property…
Knight Frank launches major expansion in Dubai
Knight Frank Middle East has announced a major expansion of its operations in the Dubai residential real estate market as…
$817mln of weeklong real estate transactions recorded in Dubai
Dubai saw the completion of 1,850 real estate transactions at over AED7 billion during this week, according to the Dubai…
Dubai saw highest October property transactions in eight years at $3.57bln
Dubai had its best October in terms of property transactions in 8 years at AED 13.12 billion ($3.57 billion), with…
Amlak Finance reports $294mln profit to September
Islamic real estate financier, Amlak Finance has reported a 552 percent increase in net profit of AED1.08 billion ($294 million)…
Markaz report signals sustained robust recovery for UAE's real estate sector
Kuwait Financial Centre 'Markaz' announced the launch of its ‘UAE Real Estate Outlook H1 2021’ report that features indicators signifying…
Omniyat Redefines Dubai’s Penthouse Market
OMNIYAT, the leading luxury real estate developer, has closed the sale of the three most expensive penthouse in the region,…
Sharjah real estate records $1.5bln in transactions for Q3 2021
The real estate sector has shown significant growth during Q3 of 2021, with 16,781 transactions worth AED5.7 billion by the…
Qatar First Bank completes acquisition of 'Ten West Corporate Center One'
Qatar First Bank has announced the acquisition of Ten West Corporate Center One, a 199,000 square foot Class-A, impeccably-maintained and…
Why 'green' finance will increasingly play a key role in GCC real estate investments
Environmental, social and governance (ESG) standards will play a critical role in real estate investment and purchasing decisions over the…
Downtown Dubai luxury penthouse snapped up for $13.6m
The 118, a boutique luxury project by Signature Developers, located in the heart of Downtown Dubai, has just sold one…