Tuesday, May 21, 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.

Oman: Property Ownership For Expats Banned In Few Places

Expats are banned from owning agricultural land and real estate in many areas of Oman, according to a royal decree by Sultan Qaboos bin...

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...

Qatar becomes one of New York’s biggest property owners

Qatar has become a big player in New York real estate. Qatar Investment Authority is now the city's ninth-largest commercial property owner. The sovereign...

Busaiteen Waterfront Project – First Of Its Kind In Bahrain

Minister of Works, Municipalities Affairs and Urban Planning Essam Khalaf, said that the Busaiteen Waterfront Development Project will be the first of its kind...

Look: Dubai villas surrounded by forest

With the arid desert climate, people in the UAE can only dream of having a house surrounded by lush greenery, vibrant gardens and nature....

Look inside a $12.2 Million Villa in Bahrain

This European-inspired villa could easily fit into one of Dubai's more glamorous communities or even California's Beverly Hills. Starting from its massive columns in...

Saudi: Mega tourism project to boost heritage & culture

Saudi Arabia has started work on its mega heritage tourism project Souq Okaz City in Taif, expected to eventually cost more than $2bn.It will...

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...

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...
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