Dubai is developing an insatiable apetite for key residential projects
Dubai is developing an insatiable apetite for key residential projectsThere has been a lot of buzz in Dubai over the past few weeks about highly desirable real estate projects that are being launched...
View ArticleDubai launches ‘ Yasat Gloria’ biggest hotel in Gulf and Middle East
Dubai launches ‘ Yasat Gloria’ biggest hotel in Gulf and Middle EastThe largest hotel in the Gulf and the Middle East in terms of number of rooms was launched in Dubai. The Yasat Gloria is considered...
View ArticleJW Marriott Marquis Dubai crowned World’s Tallest Hotel
JW Marriott Marquis Dubai crowned World’s Tallest HotelThe JW Marriott Marquis Dubai has been officially recognized by The Guinness World Records as the world’s tallest hotel. At a height of 355...
View ArticleInvestors Fancy Dubai
Investors Fancy DubaiA new report by real estate firm Cluttons points out the massive potential offered by Dubai and dubs it the most attractive destination for private investors in the GCC region. The...
View ArticleVilla Buying Frenzy to Hit Dubai
Villa Buying Frenzy to Hit DubaiA new report by Knight Frank, the global real estate consultancy, shares the good news of Dubai villa market making a strong comeback. The report forecasts that Dubai’s...
View ArticleDubai: Expats rush to buy, sell homes amid confusion
Dubai: Expats rush to buy, sell homes amid confusionWith confusion persisting over a change in mortgage laws, expats in Dubai are rushing to sell their homes and get the best bargain. The increase in...
View ArticleLondon property market set to entice Arabs
London property market set to entice ArabsWealthy Arab investors are expected to make a strong comeback to London’s luxury real estate market in 2013 as confusion over tax changes announced in budget...
View ArticleDubai: The City of Towers
Dubai: The City of TowersA latest report by Council on Tall Buildings and Urban Habitat (CTBUH) has named Dubai as being home to a fifth of the world’s tallest 100 towers. Out of the six tallest...
View ArticleHotel giant eyes big opportunity
Hotel giant eyes big opportunityThe InterContinental Hotels Group (IHG) believes that the hospitality industry in Saudi Arabia and UAE offers it the highest growth potential in Middle East. Outlining...
View ArticleDubai: The City of Malls
Dubai: The City of MallsMore than 276 hotels and hotel apartments are located within 2km of one of five mega shopping malls in Dubai, a Market research conducted by Reed Travel Exhibitions the...
View ArticleTop Trends for UAE Real Estate in 2013
Top Trends for UAE Real Estate in 2013Jones Lang LaSalle unveils “2013 Top Trends for UAE Real Estate” Jones Lang LaSalle, the world’s leading real estate investment and advisory firm has today...
View ArticleUAE Central Bank ends Mortgage Cap Speculation
UAE Central Bank ends Mortgage Cap SpeculationBanks and real estate investors got a sigh of relief after UAE’s central bank governor today clarified on the proposed mortgage cap. According to the...
View ArticleUAE Real Estate companies Aldar, Sorouh to merge
UAE Real Estate companies Aldar, Sorouh to mergeThe merger would create one of the largest listed real estate companies in the Middle East and North Africa region, with over AED 47 billion (US $12.8...
View ArticleUAE: Proposal to limit mortgage at 75 percent for expats
UAE: Proposal to limit mortgage at 75 percent for expatsEmirati banks have recommended the central bank to cap mortgage loans at 75 percent of the property value for expats and 80 percent for UAE...
View ArticleShoppers’ paradise on Al Maryah Island
Shoppers’ paradise on Al Maryah IslandA new USD 272 million retail, residential and hotel development launched on Abu Dhabi’s Al Maryah Island is expected to be completed by 2017. Named the Sowwah...
View ArticleUAE Real estate market heats up
UAE Real estate market heats upThe cost of accommodation in UAE increased at a rapid pace in 2012, with prices of villas and rents climbing up by 23 per cent and 17 per cent, respectively. The upward...
View ArticleRelocation rule linked to higher rentals in Abu Dhabi
Relocation rule linked to higher rentals in Abu Dhabi The rule that calls for all public sector employees to relocate to Abu Dhabi has led to an increase in the average rents of new projects. A report...
View ArticleConstruction costs to soar in Qatar
Construction costs to soar in QatarAs Qatar prepares itself to host the 2022 FIFA World Cup mega event, newly published figures highlight that construction costs in the country will surge by up to 18...
View ArticleDevelopment of Lebanon Island on Dubai’s ‘The World’ completed
Development of Lebanon Island on Dubai’s ‘The World’ completedThe South African firm engaged in construction of Lebanon Island on Dubai’s The World has completed all development work on the project....
View ArticleAbu Dhabi Royal to make Pakistan’s biggest foreign investment
Abu Dhabi Royal to make Pakistan’s biggest foreign investmentSheikh Nahayan bin Mubarak al-Nahayan, a member of Abu Dhabi’s royal family, has revealed investment plans of up to US $45 billion over a...
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