Expat property investor in Dubai finds spending Dh89m does not guarantee the land is his
A property owner in Dubai is finding that spending more than Dh89 million on acquiring a plot and building a…
Property & Real Estate
2490 articles found
Why Gulf investment in US property will rise again after coronavirus crisis
Gulf Arab and Middle Eastern investment in US real estate will continue to be steady in the medium and long-term…
Dubai office market: Is this the best time to buy more space?
Weaker market conditions may prompt occupiers in Dubai's office buildings to upgrade occupational space while keeping an eye on increases…
Buyers from the U.A.E. and U.S. Account for Highest Numbers of Mortgage Deals for U.K. Properties
Big-spending buyers from the U.A.E. and the U.S. are leading high-end international property purchases in the U.K., according to a…
The bankruptcy of Arabtec continues to put pressure on the shares…
The main index of Dubai shares fell, for the second day, by 0.9%, affected by the decline of the leading…
Dubai's top court dismisses tycoon's $115m damages claim for superyacht
Dubai's highest court has dismissed a $115 million damages claim filed as part of a high-profile and costly divorce case…
Saudi Arabia imposes new tax on property deals, exempts them from VAT
Saudi Arabia’s king on Friday issued an order exempting real estate deals from a 15% value-added tax (VAT) and imposed…
Farnek appoints Aburok to drive business growth strategy
Farnek has appointed Khaldun Aburok as director of business development. Aburok’s previous experience in business development includes a senior…
UAE construction industry on edge as Arabtec eyes 'liquidation
Pressure on the UAE’s construction sector is increasing by the day, with banks now tightening up project-related financing over the…
Saudi giga project developers insist: 'We're not rivals'
Developers behind Saudi Arabia's multi-billion dollar giga projects have insisted they are not rivals and are working together to transform…
UAE's market leading property developer Aldar, upbeat about real estate market recovery
The COVID-19 pandemic has sent ripples through global real estate markets. According to property advisory & investment firm, Jones…
Many Dubai property owners yet to clear 2020 service fees despite legal notices
A majority of property owners in Dubai don’t seem to be in the mood to pay off their service charge…