Monday, August 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.

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...

Why Dubai brokers can’t sign rent contracts anymore

If you are a real estate broker handling an overseas landlord's property portfolio in Dubai using a power of attorney (POA), you may be...

Dubai: Falling property + stock market prices = investment opportunity?

Dubai is famous for its high skyscrapers and lavish lifestyle, and owning real estate in the sunny Gulf city may sound like a non-affordable...

Bahrain: Long-Awaited Expo City Project In Sakhir

The long-awaited start to the new Convention and Exhibition Centre Expo City project in Sakhir is underway, with a groundbreaking ceremony planned in the...

Saudi: World’s tallest building takes shape – $2 billion Jeddah Tower

The 170-storey building is set to surpass Dubai's Burj Khalifa as the world's highest building and will feature a hotel, apartments and offices, as well...

End-users snap up Dubai homes below Dh1,000 per square foot

Developers in Dubai are increasingly catering to the sweet spot of investor demand. While the Dubai property market was earlier synonymous with luxury property...

Dubai developers taking risks with stretched payment plans

The trend among many Dubai developers to launch sales offering low upfront payments — typically 5-10 per cent of the property value — and...

Ask AJ – Foreign Inheritance in Bahrain

Question: My husband and I are both Non-Muslim British Nationals and long-time residents of Bahrain. Having decided to retire in this country, we bought...

Six Arabs held in the UAE for Dh560,000 house fraud

A gang has been arrested for allegedly taking Dh560,000 from Abu Dhabi residents in a real estate scam. The Abu Dhabi Police said on Saturday that they...

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...
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