Friday, April 20, 2018

Property

World’s future tallest building will eclipse Burj Khalifa

It looks like any other tower project rising from the sand across the Middle East. But the construction work at Jeddah Tower in Saudi Arabia...

UAE firm to build affordable homes in Bahrain

UAE-based Nshmi International has signed a 50:50 joint venture agreement with a local private investment company to develop Bahrain’s first integrated community that focuses...

Where are rents dropping fastest in Dubai?

The Q3 Dubai Real Estate Report from real estate consultancy Asteco showed that Dubai Marina posted the highest decline in rental rates at 19...

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...

Saudi royal seeks $85 million for Beverly Hills compound

A second-generation member of Saudi Arabia’s ruling family is seeking a buyer for his 6.7-acre compound in Beverly Hills, the Wall Street Journal reported....

Dubai home below Dh1 million?

All the action in the Dubai property sector is transpiring in the under-Dh1 million price market. Not only does this signify an effort by...

Revealed: Top nationalities looking to buy Dubai properties

Properties in Dubai continue to gain growing interest from buyers, both locally and abroad. In August alone, some Dh2.7 billion worth of homes were...

VAT and UAE property seekers

Everyone with a roof over their head wants to know how the revised VAT law will impact property sales in the UAE. As the sale...

Dubai real estate news

Even by the level of conspicuous consumption prevalent in Dubai’s fitful property market, apartments at the Royal Atlantis stand out. Together with the 795-room...

An Omani sheikh paid $34 million for two apartments so his...

A wealthy sheikh from Oman paid £25 million ($34 million) to buy two flats so his family, friends, and staff could live next to...

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