Saturday, May 25, 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.

Bahrain: 3 Dead, Over 40 Injured In Building Collapse

Three people have died and more than 40 injured after a residential building collapsed in Bahrain Tuesday night following a gas cylinder explosion.A large...

Bahrain Plans To Build World’s Tallest Hotel Tower

The Kingdom of Bahrain may soon build the tallest hotel tower in the world.According to the reports, a Saudi firm is planning to invest...

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...

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...

VAT in UAE: Key facts on real estate

VAT is set to be introduced from January 2018 in the UAE The UAE will start implementing a value added tax (VAT) rate of five...

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...

Dubai’s House Price Growth Declines 6.8% In November

The annual house price growth in Dubai softened 6.8 per cent in November, with prices declining 1.4 per cent month-on-month – a fall of...

Dubai property prices fall 20% in 18 months

Dubai’s rental prices are expected to continue to fall into 2018 as the emirates real estate sector appears to be bottoming out, according to...

VAT rebates could have Dubai developers turn more generous

Dubai’s developers are likely to get even more generous with their offers as they compete to reduce the unsold stock on their books. And...

Trending Residential Locations in Dubai- Big Data Analysis

Living in Dubai is considered one of the most exciting experiences you will ever get to have for the city has everything to offer...
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