Thursday, September 20, 2018

Property

Saudi real estate market hit hard by mass departure of expats

The exodus of expatriate workers from Saudi Arabia has negatively affected the country’s real estate sector with a considerable fall in rent prices.Many property...

Bahrain: Proposed new bill seeks to disadvantage Expat investors

In a proposal aimed to apply different rules and advantages to different investors based on their nationalities, a new parliamentary proposal states that non-Bahrainis...

Reasons to buy property in Dubai

1. New REIT choicesThere are a number of Real Estate Investment Trusts (REITs) that have entered the market this year. Consequently, a lot of...

Misinterpreting Islamic law robs Muslim women of land – experts

DUBAI, March 1 (Thomson Reuters Foundation) - The misinterpretation of Islamic law and a lack of knowledge about inheritance rights are major hurdles in...

UAE: Fire Breaks Out In 52-Floor Tower; 20 Injured

Almost twenty people suffered smoke inhalation after a fire broke out late on Monday night in a high-rise residential building in Ajman.According to Civil...

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...

Dubai in line to absorb nearly 15,000 apartments this year

Dubai’s residential market could close the year with just under 15,000 apartments being handed over, compared to 8,750 last year. Much of the handovers...

Dubai: Property prices and rents continue falling

Dubai real estate sales and rent prices continue to fall, according to a new report from consultants Core Savills.In its latest Dubai residential market...

Qataris selling their UAE properties at big discounts in rush to...

Property brokers in Dubai are reporting a rush in sales from Qatari investors attempting to get their assets out of the UAE before the...

Villa built for a Dubai royal includes a nightclub

Location: Dubai, UAEPrice: AED $200 million (US$54.5 million)The ultimate Sheikh’s party pad, this 11-bedroom villa was built for and once owned by a member of the Dubai...
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