Tuesday, November 19, 2019

Property

Latest updates on property, launch of new projects, implementation of new technology along with growth and development of real estate business in GCC.

Dubai: As rents fall, tenants get new & better deals

Residential landlords in Dubai are getting increasingly flexible in their terms and pricing.The burgeoning supply of units in Dubai has given more choice and...

Dubai Residential Prices To Decline Further In 2019

There is potential for residential real estate prices in Dubai to decline by another 5-10% this year before the market hits the bottom, said...

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: New Law On Real Estate Regulatory Agency

A new law has been issued by Dubai’s Ruler and UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum restructuring the...

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...

Dubai To Build Its Latest Super Tall Tower Soon

Belhasa Six Construct (BESIX) has been awarded the construction contract for Dubai’s latest super-tall tower.Belgium-based BESIX will build the 78-storey building in Jumeirah Lakes...

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...

Dubai Frame Sets Record As World’s Largest Frame’

The Dubai Frame was officially announced as the world’s ‘largest building in the shape of a frame’ by the Guinness World Records on Friday.The...

No Ejari? No water or electricity from July 1 in the...

Moving to a new flat in Dubai? You will need to get your tenancy contract attested first before you can get your electricity and...

Kuwait: Flats Vacant as Expats Leave; Rent Values Fall by 13%

There are currently 49,130 empty flats in Kuwait and 26,466 others under construction; thus more than 75,000 units need to be “absorbed” by the...
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