Tuesday, February 19, 2019

Property

Dubai: Property suffers biggest price drops in 4 years

Chestertons MENA said sales prices for apartments and villas fell 5 percent quarter-on-quarter in Q1, denoting the highest quarterly drop in sales prices since...

UAE mega projects power tourism industry

The travel and tourism sector, a pivotal growth driver of the UAE economy, is expected to record a steady surge in spending, which is...

Kuwait Plans To Build Six ‘Bachelor Cities’

Kuwait has announced plans to launch six new projects with a focus on developing ‘bachelor’ cities (mainly for company labourers) in co-ordination with the...

“I will return Saudi Arabia to moderate Islam” says...

“What happened in the last 30 years is not Saudi Arabia. What happened in the region in the last 30 years is not the...

Bahrain Property: trends and opportunities

The Bahrain property market is a strategic real-estate market in the GCC. How is it holding up in light of present economic difficulties? International real-estate...

Dubai landlords offer “free rent” to entice buyers

With fewer jobs, there are fewer people with money to pay for rent. Compounding the decline in demand is the increase in supply of...

Bahrain: New tax on infrastructure development

A new tax imposed by Bahrain on infrastructure development could cost commercial developers hundreds of thousands of dinars extra for large projects, said a...

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...

UAE: Expats excluded from VAT refunds on properties

The UAE's Federal Tax Authority (FTA) has announced procedures for VAT to be refunded on payments for new residences - but expats will not...

World’s most futuristic looking hotel – guests to sleep in 19-metre-high...

This is the space-age design for a new hotel that will see guests sleep inside luxury triangular pods that stand 19 metres high.Tetra Hotel...
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