Thursday, November 15, 2018

Property

Saudi: Expat decline causes hardest hit on construction sector

Saudi Arabia's construction sector was hardest hit by an outflow of expat workers during the first three months of 2018, according to new research.According...

Saudi: World’s tallest building takes shape – $2 billion Jeddah Tower

The 170-storey building is set to surpass Dubai's Burj Khalifa as the world's highest building and will feature a hotel, apartments and offices, as well...

Dubai beachside property owners banned from their own beach

Shoreline developer Nakheel remained unmoved in a legal wrangle that has resulted in a ban on hundreds of residents using the beach outside their...

End-users snap up Dubai homes below Dh1,000 per square foot

Developers in Dubai are increasingly catering to the sweet spot of investor demand. While the Dubai property market was earlier synonymous with luxury property...

Low income families, bachelors in UAE to benefit from cheaper monthly...

Low-income families and bachelors in Abu Dhabi will benefit from cheaper monthly rents under a new scheme announced by the Abu Dhabi Municipality on...

UAE: New residency and ownership rules

The UAE’s surprise announcement that it will allow full foreign ownership in companies and grant long-term visas to select investors and professionals is set...

Bahrain developers face legal action if they don’t have new licence

Real Estate Regulatory Authority (RERA), Bahrain’s property watchdog, has warned that the country’s developers must ‘regularise’ their activities since 1st September or face ‘strict action’.In...

UAE’s real estate development formula needs a makeover

“The market had found a formula 20 years ago... but forgot to advance with the times,” said Walid Al Hindi, CEO of Abu Dhabi...

New Dubai skyscraper could be out of this world

The floating skyscraper will travel between the northern and southern hemispheres on a daily loop.  The UAE could be home to another ambitious project that...

These are most affordable areas to live in Abu Dhabi

Property prices and apartment rents fell in Abu Dhabi in 2017, with Mohammed Bin Zayed City becoming the most affordable area, according to Bayut.com.The...
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