Monday, May 20, 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.

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...

Saudi: Tenants to face travel ban for nonpayment of rent

About 18,700 cases have been filed against tenants who failed to pay rents of houses or business buildings in the past eight months with...

Dubai beachside property owners banned from their own beach

Shoreline developer Nakheel remained unmoved in a legal wrangle that has resulted in a ban on hundreds of residents using the beach outside their...

UAE rents will fall 5-10% in 6 months, say experts

Rents are likely to fall by 5 to 10% in the next 6 months throughout the UAE according to experts. Redundancies and an oversupply...

Golden Age For Bahrain’s Tenants?

A downward trend on rental prices echo the reduction in hydrocarbon receipts, tighter fiscal policy, and the erosion of long standing food and energy subsidies....

World’s tallest building, Saudi’s $2 billion Jeddah Tower, delayed AGAIN

The completion date for the world's tallest tower has been pushed back to 2019, a Saudi Arabian billionaire said yesterday, almost six years after...

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...

Fitch predicts price falls in Dubai property market

In a departure from recent forecasts on Dubai residential property, the rating agency Fitch reckons that it will be the mid-market and lower properties...

Good times turn to pain for UAE construction

Investors in United Arab Emirates construction stocks can remember the good days — when oil above $100 a barrel encouraged a seemingly endless stream...

New Dubai skyscraper could be out of this world

The floating skyscraper will travel between the northern and southern hemispheres on a daily loop.  The UAE could be home to another ambitious project that...
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